{"id":2673,"date":"2009-06-15T19:47:00","date_gmt":"2009-06-15T19:47:00","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2009\/06\/15\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/"},"modified":"2021-07-19T04:14:30","modified_gmt":"2021-07-19T08:14:30","slug":"procurement-kpis-do-the-standard-metrics-tell-the-whole-story","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/","title":{"rendered":"Procurement KPI&#8217;s:  Do The Standard Metrics Tell The Whole Story?"},"content":{"rendered":"<p>I hope that you have enjoyed the article \u201c10 Procurement KPI\u2019s, Part I.\u201d<\/p>\n<p>Don\u2019t miss updates on Procurement &amp; Supply Chain, Subscribe here!<\/p>\n<p>In this article, I share some of the more standard KPI\u2019s used for benchmarking. These are often used by senior management to get a general understanding of how their procurement departments stack up against others.<\/p>\n<p>So, in that regard, they are important. As a procurement leader, you should have these KPI\u2019s at your fingertips if\/when your management comes looking for them.<\/p>\n<p>But these particular KPI\u2019s don\u2019t tell the whole story of how a procurement department should be evaluated by management or even outside constituencies. Stay tuned for Part II in two weeks to get the rest of the picture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I hope that you have enjoyed the article \u201c10 Procurement [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Procurement KPI&#039;s: Do The Standard Metrics Tell The Whole Story? - Next Level Purchasing Association (NLPA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Procurement KPI&#039;s: Do The Standard Metrics Tell The Whole Story? - Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"og:description\" content=\"I hope that you have enjoyed the article \u201c10 Procurement [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/\" \/>\n<meta property=\"og:site_name\" content=\"Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-06-15T19:47:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-19T08:14:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/11\/nlpa-images-019.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1063\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Procurement KPI&#8217;s: Do The Standard Metrics Tell The Whole Story?\",\"datePublished\":\"2009-06-15T19:47:00+00:00\",\"dateModified\":\"2021-07-19T08:14:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/\"},\"wordCount\":139,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#organization\"},\"articleSection\":[\"Procurement\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/procurement-kpis-do-the-standard-metrics-tell-the-whole-story\/\",\"name\":\"Procurement KPI's: Do The Standard Metrics Tell The Whole Story? 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