MEASURE
MEASURE records the procurement initiatives that generate
savings or efficiencies
The Observatory's MEASURE functionality
provides an efficiency measurement framework and the supporting
online tools to make it easy to capture, collate, analyse and
report the savings and efficiencies delivered by the procurement
function.
Demonstrate the effectiveness of the procurement function
MEASURE helps you evidence the effectiveness of
the procurement function and the benefits it delivers to the
organisation.
Create compelling reports for management in less time
Reduce the time and effort in creating compelling and regular
'savings & efficiency' reports for senior management.
Track and quantify delivered savings
MEASURE enables you to track and quantify the
savings delivered more easily.
Reduce the administrative burden and eliminate data entry
bottle-necks
You can reduce the administration burden by allowing recording
to be distributed to those responsible for delivering the saving.
This improves the accuracy and completeness.
Flexible and easy to use tools
The MEASURE reporting tools are flexible and
easy to use and enable you to quickly generate the charts, graphs,
tables and lists that deliver the answers to a wide range of
savings related questions.
With MEASURE you can:
- Demonstrate total values
The total value of your delivered efficiencies both cashable and
non-cashable
The value of delivered efficiencies as a proportion of your
organisation's non-pay spend
The total value of delivered efficiencies by lead buyer and
savings type
The total value of delivered efficiencies that are the result of
price reduction, cost avoidance, added value or other
strategies
|
- Gain insight
The proportion of your delivered efficiencies that are annually
recurring
Projects that have delivered the largest efficiencies by project
type, project category or department
The proportion of delivered efficiencies that are the result of
collaborative arrangements
|