A Director of Procurement is tasked with acquiring products from outside vendors in a cost effective and time appropriate manner. This role requires an operationally efficient set of processes for issuing purchase orders, documenting the vendors response to these purchase orders, tracking the vendors performance, and managing the cost for a broad spectrum of items used in the organization. It also requires some insight into the financial obligations that procurement is making for the organization. The role requires a perspective for managing the operational details but also an ability to manage the broad overall delivery of value to the organization through its vendors and the components they supply
Dashboards are provided that show the spend by Item, Product Code and Vendor. These dashboards include the ability to filter by dollar amount, quantity and to only see the top values in these categories. There are also dashboards that show how Vendors are performing in regards to On Time Deliveries and whether they are acknowledging Purchase Orders that have been issued. There is data available in our dashboards that show over time the commitments that have been made based on Purchase Orders issued. The system also contains the ability to develop a Vendor Scorecard that can be used as part of a Vendor Management strategy.