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Insurance Premiums for Supply Risks

Purpose -

Monitors costs associated with insuring against procurement risks.

Operational Definition -

Total Insurance Premiums Paid for Supply-Related Risks

Type of Metrics -

KPI

Function -

Finance

Associate Function -

Finance

Desired Trend -

Lower the better

Recommended Frequency - 

Annually

External References -

https://kissflow.com/procurement/procurement-kpis/

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