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% of Spend with Preferred Suppliers

Purpose -

Assesses reliance on trusted suppliers.

Operational Definition -

(Spend with Preferred Suppliers / Total Spend) * 100

Type of Metrics -

KPI

Function -

Procurement

Associate Function -

Procurement

Desired Trend -

Balanced

Recommended Frequency - 

Quarterly

External References -

https://www.pipefy.com/blog/procurement-kpis/

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