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last updated: 3rd January 2020 5 stars

The Efficiency Measurement Model (EMM) was designed to help Heads of Procurement to capture savings or efficiency data in a methodical way.  The aim of procurement is to obtain the best possible value for money for an institution and there is a requirement to identify and record the worth of the value for money achieved.

Institutions can use the original EMM guidance for advice on how to measure efficiencies, which it classifies into five types:

·       Price reduction.

·       Added value.

·       Risk reduction.

·       Process re-engineering.

·       Sustainability.

 

Original EMM guidance is available here and includes the formula and methodology for calculating each of the 5 types of efficiencies measures detailed above.

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