Key Risk Indicators (KRI) for Procurement Indicators

KRI (Key Risk Indicators) allows BI professionals from the Delivery area measure and control business risks.

• Free KRI Toolkit: Download now!
• Web-based KRI online with KPI Dashboard

KRI for Delivery business niche

The KRI for Procurement Indicators may address such indicators as:

• financial perspective
• procurement expenses: sales
• average discount size availed
• increase in cost savings level
• percentage increase in revenues on per customer basis
• internal operations perspective
• average procurement time overruns
• technological stand
• procurement policy compliance
• degree of merging with other systems
• process perspective
• number of alliances with suppliers
• logistics system grading
• manufacturing cycle improvement
• inventory control increase
• performance perspective
• wastage drop
• timeliness deviation
• stock-out instances dilution
• below benchmark quality decline ratio

Why BI and risk specialists from the Delivery should KRI toolkit and indicators?

Key Risk indicators allows to estimate and control business risks..

Try the KRI Toolkit from Delivery Evaluation you will learn how to:

• build and use KRI;
• KRI: do-s and don’ts
• you'll have ready to use KRI template;
• you'll learn about practical application of KRI;
• toolkit includes KRI vs. KPI and Balanced Scorecard;