Internal benchmarking

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Internal Benchmarking

last updated: 3rd January 2020 5 stars

Having a framework for measuring the effectiveness of the procurement function will, over a period of years, show how your institution is progressing, whether the level of professional procurement influence is increasing, are more consortia, collaborative-type arrangements being used etc.

The analysis at commodity group level will enable a more detailed review of progress to be made. The information will be useful in determining the success of the various development strategies being followed. 

Further, the data will enhance the Head of Procurement's annual report to senior management group to which the function reports.

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