Global Standard for Procurement and Supply

Current segment

Level: Professional

Theme: Metrics & Measurement

Segment 8.6 Developing the Performance of the Procurement and Supply Chain Function

Segment 8.6 Developing the Performance of the Procurement and Supply Chain Function

Knowledge: Will know and understand Capabilities: Will be able to

The impact of supply chain management on corporate performance

Encourage added value outcomes achieved by the organisation's supply chain and report data to senior management and other stakeholders

The use of KPIs that measure the performance of the procurement and supply chain function

Collate, review and disseminate data on departmental KPIs to colleagues and senior management

The use of technology to communicate data in supply chains

Develop strategies for systems integration across the organisation and with the organisation’s supply chain that collate data and provide reports to stakeholders

The measurement of safety, quality, costs and deliveries in supply chains

Create and monitor measures relating to safety, quality, costs and deliveries achieved by the organisation’s supply chain and report data to senior management and other stakeholders

The matching supply with demand in supply chains

Monitor the performance of the organisation in achieving its contractual obligations with customers and report data on demand and supply to senior management and other stakeholders

The use of benchmarking in supply chains

Evaluate benchmarks for processes or departmental performance to develop gap analysis that supports performance improvement

The application of balanced scorecards in supply chains

Evaluate data recorded within balanced scorecard reports that are related to supply chain performance, and develop improvements with suppliers and other stakeholders

Knowledge: Will know and understand

The impact of supply chain management on corporate performance

Capabilities: Will be able to

Encourage added value outcomes achieved by the organisation's supply chain and report data to senior management and other stakeholders

Knowledge: Will know and understand

The use of KPIs that measure the performance of the procurement and supply chain function

Capabilities: Will be able to

Collate, review and disseminate data on departmental KPIs to colleagues and senior management

Knowledge: Will know and understand

The use of technology to communicate data in supply chains

Capabilities: Will be able to

Develop strategies for systems integration across the organisation and with the organisation’s supply chain that collate data and provide reports to stakeholders

Knowledge: Will know and understand

The measurement of safety, quality, costs and deliveries in supply chains

Capabilities: Will be able to

Create and monitor measures relating to safety, quality, costs and deliveries achieved by the organisation’s supply chain and report data to senior management and other stakeholders

Knowledge: Will know and understand

The matching supply with demand in supply chains

Capabilities: Will be able to

Monitor the performance of the organisation in achieving its contractual obligations with customers and report data on demand and supply to senior management and other stakeholders

Knowledge: Will know and understand

The use of benchmarking in supply chains

Capabilities: Will be able to

Evaluate benchmarks for processes or departmental performance to develop gap analysis that supports performance improvement

Knowledge: Will know and understand

The application of balanced scorecards in supply chains

Capabilities: Will be able to

Evaluate data recorded within balanced scorecard reports that are related to supply chain performance, and develop improvements with suppliers and other stakeholders

This segment was last updated on: 21st May 2021

The Global Standard for Procurement and Supply structure

Released in 2014 the Standard is a competency framework of procurement and supply skills, knowledge and capabilities that can be used by individuals and organisations to identity training and professional development needs at varying levels of competency.

The Global Standard for Procurement and Supply structure
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