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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is a Procurement Dashboard?
What is a Procurement Dashboard?  

What is a Procurement Dashboard?



 
 

Procurement Dashboard is a reporting tool that determines and displays the performance of procurement packages and purchasing processes through a range of performance indicators and measures. It reports on the status of a company’s relationships with suppliers and contractors. Procurement dashboard consists of performance data visualization tools, including supplier detail charts, buyer summary diagrams, purchase order reports, inventory spreadsheets, cost estimates, and more.

All information provided by procurement dashboard is consolidated and up-to-date. It relates to both the financial and non-financial performance status of procurement activities which can be generally divided into the following directions:

  • Purchasing of products
  • Procurement of services
  • Management of negotiations with suppliers and contractors

These three directions of procurement activities allow purchasing managers to monitor and measure the process of obtaining goods and services – from specification development and supplier research through to receipt and approval of invoices for payment.

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