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Market Price Fluctuations

Purpose -

Assesses impact of market changes on procurement.

Operational Definition -

Variability in Prices of Key Procurement Items: ((Current Price−Baseline Price)/Baseline Price)*100

Type of Metrics -

Driver

Function -

Procurement

Associate Function -

Procurement

Desired Trend -

Lower the better

Recommended Frequency - 

Monthly

External References -

https://partnersforpublicgood.org/procurement-excellence-network/resource/essential-procurement-performance-metrics/

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