Production Schedule Adherence

Measures how effectively procurement activities adhere to internal processes, policies, and legal regulations.

What it Measures ?

Measures how much spending follows rules.

Relevant StakeHolders 

Compliance Teams, Auditors

Why it Matters ?

Improves compliance with procurement policies.

In-depth Use Case / Real-world Example

A manufacturing company producing automotive parts calculates Procurement Compliance Efficiency by evaluating how well it follows procurement procedures, supplier contracts, and regulatory standards. For example, if 90% of procurement activities comply with internal policies, the efficiency score would be 90%. High compliance ensures smooth operations, reduces risks, and enhances governance within procurement processes.