Strategic Performance Measurement for Purchasing and Supply

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Over the last decade there has been an increasing level of interest in the way purchasing and supply can be measured to assess effectiveness and alight the process with strategic goals. This 10 page paper summarizes the main points of a research paper that looked at 15 Fortune 500 companies to discover how they measured purchasing and supply performance and presents 8 steps to successful effective supply and purchase performance measurement. The bibliography cites 2 sources.