The key result of procurement is that the company has the raw materials that they need when they need it to produce its product or sell a product to the customer. A secondary result is that the company does not have downtime waiting on supplies.
Procurement performance is an activity or an integral component of integral procurement management. It involves in describing key indicators, methods, and processes that are necessary for measuring the procurement success.
There are several forms of procurement. Some of these include traditional procurement, design and build procurement, and management contacting procurement.
Challenges traditional procurement
A procurement department is a kind of a department which handles all the activities related to procurement, like procurement services, procurement strategy, supply chain management etc.
The procurement process is typically managed by the procurement or purchasing department within an organization. This office is responsible for sourcing goods and services, negotiating contracts, and ensuring compliance with procurement policies. In some cases, specific procurement functions may also be overseen by a dedicated procurement officer or manager. Additionally, larger organizations may have a centralized procurement office to streamline and standardize processes across departments.
Sales is a key result area for (competition, company, customers)?
Key Result Area, or Key Responsibility Area
The Procurement cycle is the cyclical process of key steps when procuring goods or services.
Procurement performance is an activity or an integral component of integral procurement management. It involves in describing key indicators, methods, and processes that are necessary for measuring the procurement success.
Apparently, KRA means Key Responsibility Area, or Key Result Area.
Key Result Area
KEY RESULT AREA
genocide
To protect property
Key Result areaIn this phrase key means a vital, crucial element. Key Result Area refers to general areas of outputs or outcomes for which the departments role is responsible.in simple terms may be defined as primary responsibility of an individual ,the core area which each person is accountable
Eating Sleeping Playing
KRA for Dispach department