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Risk Mitigation Investment %

Purpose -

Evaluates investment in mitigating procurement risks.

Operational Definition -

(Total Investment in Risk Mitigation / Total Procurement Spend) * 100

Type of Metrics -

KPI

Function -

Finance

Associate Function -

Finance

Desired Trend -

Balanced

Recommended Frequency - 

Annually

External References -

https://sievo.com/blog/procurement-kpis

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