Production Schedule Adherence

Measures the percentage of procurement orders that are classified as urgent, typically requiring faster processing and delivery.

What it Measures ?

Shows how many orders were placed urgently.

Relevant StakeHolders 

Procurement Strategy, Risk Teams

Why it Matters ?

Minimizes reliance on urgent, unplanned orders.

In-depth Use Case / Real-world Example

A company manufacturing medical equipment calculates Urgent Procurement Percentage to understand how much of its procurement budget is spent on urgent orders that require expedited processing. For example, if the company processes ₹100 crore in procurement, and ₹10 crore is spent on urgent orders, the percentage of urgent procurement is 10%. Monitoring this helps identify areas to improve inventory management and reduce the need for rush orders.