May 21, 2013, Melbourne, Australia – The KPI Institute, the global authority on Key Performance Indicators (KPIs) research and education announces the launch of a new report in its 2011-2012 edition of its popular Top 25 series of reports. The series is based on research conducted through www.smartKPIs.com, which contains over 20,000 Key Performance Indicator examples, making it the world’s largest source of thoroughly documented KPIs.

Procurement / Purchasing is the process of material and services acquisition in order to assure the supplies needed to create and deliver its own service or product. KPIs refer to the quality of cost – benefit report, compliance to the Procurement / Purchasing procedures, as well as assuring the needed supplies on time. (more…)