SAS^® Procurement Scorecard

In the Spotlight Five Keys to Transforming Your Procurement Organization into a Strategic Force Top procurement executives share their views on evolving procurement from transactional to strategic

For procurement executives, aligning with overall corporate goals usually involves reducing total costs; measuring and managing supplier performance, quality and on-time delivery; and managing supplier risk. But difficulties gaining an accurate, comprehensive view of these factors make it difficult to meet such goals effectively.

As a result, procurement organizations often struggle to manage supplier portfolios strategically and cost-effectively. Building a risk mitigation plan based on a supplier's quality, financial viability or timeliness proves difficult as well, and identifying low quality suppliers is necessary before developing strategies to improve sub par relationships.

Set, measure and manage optimal procurement strategies
SAS Procurement Scorecard helps you set, measure and manage optimal procurement strategies based on information from all procurement systems throughout the enterprise. These strategies ensure that your organization is closely aligned with corporate goals. Reduce total spend and supplier risk and ensure supplier quality, on-time delivery and performance.

• Set a strategy. Define strategy for upcoming accounting periods within divisions, groups, teams and procurement objectives.

• Measure and track performance against that strategy. Through procurement KPIs defined both at the organizational level and at the supplier level, you can monitor the effectiveness of procurement programs, suppliers and contracts. SAS Procurement Scorecard also supports the Supply Chain Operations Resource (SCOR) model from the Supply Chain Council.

• Manage execution of strategy. SAS Procurement Scorecard lets you alert the right people when procurement objectives are not met, which helps promote the successful execution of strategy. You can also develop a risk mitigation plan based on a supplier's quality, financial visibility and timeliness.

In addition, SAS Procurement Scorecard:

• Ensures that your procurement strategy is based on information from all procurement systems throughout the enterprise.
• Aligns procurement strategies by allowing information sharing between procurement professionals at all levels in your organization.
• Is designed to support complex global environments and will scale to incorporate large volumes of data.
• Is customized to the needs of procurement organizations.

SAS Procurement Scorecard is a component of the SAS Supplier Relationship Management suite, a comprehensive, integrated set of data management and analytic applications that help procurement departments gain a better understanding of their purchases, suppliers and performance in order to make better strategic sourcing decisions.