Integrated Benchmarking Information System (IBIS)

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Integrated Benchmarking Information System (IBIS)

last updated: 3rd January 2020 5 stars

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;

 

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