Purchase Process Scorecard

1. Purchase Cycle Overview

Open POs

45

Avg. Fulfillment Cycle

12 Days

Cost Savings YTD

₹25.4L

Inventory Accuracy

98.2%

2. Requisition to PO Process

PR Number Raised Date Approval Time PO Generated Status
PR-2309-145 2023-09-15 2 Days 2023-09-17 PO Issued

3. Purchase Order Tracking

Avg. Order Cycle Time

5.2 Days (Target 7)

PO Accuracy Rate

97.5%

Supplier OTIF

85% (Target 90%)

4. Goods Receipt Tracking

PO Number Supplier Received Qty Quality Check GRN Status
PO-2309-145 ABC Suppliers 950/1000 5% Rejection Pending

5. Inventory Reconciliation

Avg. GRN Processing Time

6 Hours

Stock Update Accuracy

99.1%

6. Supplier Scorecard

Supplier Rating Defect Rate Lead Time Adherence Cost Variance
ABC Suppliers 3.2/5 2.5% 85% -1.2%

7. Cost Control Metrics

Price Variance

-1.5%

vs PO

Negotiated Savings

₹4.2L

Monthly

Carrying Cost

18% of Inventory

8. Action Items

Critical Issues

  • Resolve ABC Suppliers quality issues
  • Reduce carrying costs by 20%

Process Improvements

  • Implement e-procurement system
  • Automate GRN processing

* Data updated every 4 hours | Next vendor review: 2023-11-05