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Cost Performance Index (CPI): What is it and How to Calculate it?

SCMDOJO

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. Better Supplier and Contract Management: Helps in negotiating better contracts by analyzing cost performance trends.

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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

Supply Chain Opz defines Procurement as follows: “ Procurement refers to the participation in the development of requirements and their specifications; managing value analysis activities; conducting supply market research; managing supplier negotiations; conducting traditional buying activities; administering purchase contracts; managing supplier (..)