General Description |
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Purchasing consists of : |
| Index vs Target Reference Table |
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| Indexes are used in order to compare with target set | Calculations |
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Process Effectiveness Image Removed
| YTD onlyUsing ponderation as 75% for payment on time and late posting as 25%.YTD Average based on monthly indexExemple for Jan 2019 to Sep 2019: 1.81 Image Removed
Index for Sep 2019 : 2.25Payment on Time (Volume) Sep 2019 : 90% Image Removed
Late Posting Sep 2019 : 4.7% Image Removed
We can see that 90% Payment on Time will fall under the score of 2 and 4.7% late posting will have score of 3. With that, the result will be (2 x 75%) + (3 x 25%) = 1.5 + 0.75 = 2.25 |
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Process Productivity Image Removed
| Using ponderation as 60% for invoice per FTE and 40% PO per FTE the Jan 2019 to Sept 2019:
Invoice/FTE - 970
Image RemovedPO/FTE - 3 994
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We can see that number of invoice/FTE 3994 falls under the score of 1 and number of PO/FTE 376 has score of 5. With that, the result will be (5 x 60%) + (5 x 40%) = 3 + 2 =5