The Rise of the Procurement Executive

The Top 9 Procurement KPIs you must understand to sell to enterprise

The Chief Procurement Officer is a powerful force in most forward thinking medium to large enterprises. Procurement teams manage themselves according to very specific and quantifiable key performance measurements, which you need to understand and align your enterprise sales strategies with. These KPIs in turn become the benchmarks for supplier evaluation, as well as contract negotiation and renewal. This article details the top nine KPI's for todays modern procurement teams.