Archives: Quizzes & Surveys

Value 4 Money benchmark

Welcome to your Value 4 Money benchmark

The purpose of the quiz is to provide you with a quick performance score of your Purchasing Department.

Another outcome is a rough evaluation on how you compare to the rest of the industry.

If you need a more structured report, along with a list of suggested actions, just request it from info@adventocons.it

1. 
Organization
Your Purchasing Department reporting line

2. 
Organization
Do you have a written procedure for Purchase requests?

3. 
Organization
How Often does your Purchasing department meet with Operations/Marketing and IT departments?

4. 
Organization
Is Purchasing Department responsible for target savings

5. 
Organization
Does your Company have a E.R.P.

6. 
Purchasing Department
Do you have a list of approved suppliers?

7. 
Purchasing Department
Do you have reports for materials/services consumption drivers?

8. 
Purchasing Department
Do you have a list of quarterly expenses per supplier

9. 
Purchasing Department
Do you have a Balanced Scorecard for Suppliers Performances?

10. 
Purchasing Department
Do you have a procedure to attribute shipment costs to each item purchased?

11. 
Purchasing Department
Do you have a procedure to periodically evaluate the market of suppliers?

12. 
Quality
Does your contracts include subcontracting clauses?

13. 
Purchasing Department
What percentage of your Purchase Orders are classified as urgent?

14. 
production/operations
What is the percentage (in value) of your "slow-moving" stock?

Slow-moving part is defined as a spare not shipped in the last 3 months

15. 
Purchasing Department
KPI : please select the ones you measure

16. 
Quality
Do you require suppliers to undertake qualification audits?

17. 
Quality
Are penalty and Termination clauses fully included in your standard contract?

18. 
production/operations
Do you perform constant make vs. buy evaluation?

 
(Whenever a new product/service is requested by production/operations department)