Procurement Analysis model
The purpose of the Procurement Analysis model is to analyze a broad set of data for purchase order processing and the company’s suppliers. The data needed to analyze procurement performance are captured throughout the procurement process. The process steps include purchase order entry, purchase order confirmation, goods receipt, quality inspection, and invoice matching.
The analysis covers these topics:
- Delivery time accuracy
- Order-line and quantity-based fill rate
- Quality of delivered products
- Monetary measures, for example, ordered values and prices versus invoiced prices and values
Various insights about the procurement process can be gained by adding different types of dimensions, suppliers, purchased items, and the buying organization.
The time dimension and analysis across the time dimension is predefined for easy analysis.