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Joint Process Improvement Initiatives

Purpose -

Measures joint efforts with suppliers to improve processes, enhancing efficiency and reducing costs.

Operational Definition -

Number of Process Improvement Projects Initiated Collaboratively with Suppliers per Period

Type of Metrics -

KPI

Function -

Procurement

Associate Function -

Procurement

Desired Trend -

Higher the better

Recommended Frequency - 

Quarterly

External References -

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

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