Procurement Performance Measurement

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Operations Management, Consumer Goods November 2009

Procurement Performance Measurement

What CFOs expect from measuring Procurement Success

Procurement excellence is increasingly becoming an important factor in delivering efficient operations within successful companies. On the surface, effectively measuring procurement performance is not rocket science. However looking deeper, adequate measurement of procurement success is a big issue, as bottom-up reported savings can significantly deviate from the key financial figures a CFO looks at. Arthur D. Little’s latest study on procurement performance identifies the key challenges that companies currently face in developing a CFO-friendly procurement performance measurement. This report suggests a best practice approach to overcoming these challenges and consistently measuring purchasing success in the future. [...]

Excellence through the Downturn

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Operations Management, Consumer Goods June 2009

Excellence through the Downturn

Repositioning the Company in the Competitive Landscape

Progressive companies are seeing the current environment as a tremendous opportunity to create value by strengthening their positions and emerging from the downturn in a new and competitively advantaged position. They are applying innovative thinking to reduce extraneous costs and re-investing a portion of the savings in promising initiatives with a high likelihood of future returns. [...]

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