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Live Webinar

90-minute live streaming program
  • January 25
  • 1:00 - 2:30 pm EST

Also available as:

OnDemand Webinar

Developing a Sound Purchasing Metrics System

January 25

Understand the full value of metrics and how to apply these powerful techniques to purchasing and supply management.

Key Performance Indicators and Metrics provide your AP or Procurement operation with vital information that you can use to measure success and drive process improvement. In this topic we will discuss how to create a culture of continuous improvement within your operation using metrics. Learn how to determine the right metrics to track and how to use metrics to identify opportunities to improve processes and address operational challenges. Understand how to tie goals to metrics and identify the right mix of leading and lagging indicators. Learn about how to obtain cooperation from staff to help to achieve goals, and how to keep them informed of progress. Ask questions and share your own experiences.

Learning Objectives

- You will be able to define types of metrics.

- You will be able to describe common metrics for procurement and AP operations.

- You will be able to identify good metrics vs. not useful metrics.

- You will be able to recognize how to change your department culture to embrace metrics.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Why Metrics Matter

Six Sigma and Kaizen Concepts

Key Performance Indicators

Common Mistakes With Metrics

Examples of Common Procurement Metrics

Establishing Goals and Targets

Establishing a Metrics-Driven Culture

Driving Process Improvement With Metrics

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     
  • CPE 1.8 including Specialized Knowledge 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.8 hours. Prerequisite: basic knowledge of purchasing contracts. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
     
  • Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 1.8 hours of continuing professional education.
     

Who should attend?

This live webinar is designed for purchasing managers, buyers, contracting and materials managers, presidents, vice presidents, procurement managers, accountants, bookkeepers and financial professionals.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Brian G. Rosenberg

Brian G. Rosenberg

TRG Consulting

  • Chief executive officer at TRG Consulting
  • Leading expert in AP automation and process improvement
  • Has more than 15 years’ experience in the design of accounts payable shared service centers, and nearly 20 years of experience with implementation of accounts payable solutions
  • Also a published author and speaker on procure-to-pay best practices
  • Can be contacted at Brosenberg@trgconsulting.com
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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
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  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 400754
Published 2014, 2018
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