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Supplier Selection Lead Time

Purpose -

Measures efficiency in selecting suppliers.

Operational Definition -

Total Time Taken to Evaluate and Onboard Suppliers

Type of Metrics -

KPI

Function -

Procurement

Associate Function -

Procurement

Desired Trend -

Lower the better

Recommended Frequency - 

Quarterly

External References -

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

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