Integrated Benchmarking Information System (IBIS)

IBIS was a model designed to help institutions measure, and thereby improve, the effectiveness of their procurement function in terms of value for money and risk reduction through The identification of the importance of procurement in terms of the institution's total expenditure

  • The use of good contracts with good suppliers
  • Having a Procurement Office that provides a high quality, economical service

Whilst the model is no longer in use its theory can still provide us with a framework for measuring the effectiveness of the procurement function.  It recommended;