E J T Management Consultants Limited
Purchasing and Supply Management Solutions
Performance Measurement and Management
The statement in 1998 by Anders Scharp (former CEO Electrolux) “What gets measured gets done” is truer today than ever before.
For purchasing and supply management to maximise its contribution to a company’s bottom line, it needs to measure and manage its performance within the context of the company's overall business objectives.
Many companies find it not only difficult to decide what should be measured and evaluated and how frequently, but how to objectively evaluate the performance of their purchasing and supply management operation and compare it to best practice.
At EJT Management Consultants Limited we believe that “one shoe does not fit all” so we provide performance measures that are tailored to the specific needs of the company.
EJT Management Consultants Limited provides answers to such questions as:-
- What performance measures and KPI’s are required to measure procurement performance?
- What targets need to be set for each of these metrics?
- How to include Total Cost of Ownership principles in metrics definition?
- How to ensure connectivity between procurement targets and business targets?
- What reporting format and frequency is needed?
- What technologies / tools are required to implement and automate the performance reporting process?
EJT Management Consultants Limited will provide not only consistent metrics that will manage a company’s performance within the context of the company's overall business objectives, but also metrics that will allow performance measurement between locations and business units to ensure common goals.
For example: EJT Management Consultants Limited will implement a balanced score card that is a structured connection between the strategic aims of the business and what actually happens operationally.
Externally we can also play a part in improving a company’s performance by carrying out a diagnostic assessment on their current purchasing and supply management processes.
This is often the first step in understanding a company’s real level of performance in the market place.
We will provide an independent diagnostic assessment on how a company’s existing processes and performance measurement systems compare to world-class models. Our assessment will not only assess your current processes and performance measurement systems, but will assess the ability of your purchasing and supply management infrastructure to support your company’s business objectives.
We will then provide a company with a fully detailed diagnostic assessment report together with any recommendations we feel necessary for a company to meet its objectives and targets and to achieve sustainable business improvements. As part of the report we will provide a road map for implementing the recommendations on either a strategic or tactical level.
For more information about EJT Management Consultants Limited purchasing and supply management services please e-mail:info@ejtmcl.com |