With So Many Billions in Buying, Procurement Needs a Better Dashboard
A&M Director Shane Bechtold shares important lessons in a recent GovExec article about applying proven practices from the private and public sectors to monitoring and management acquisitions.
Procurement executives, both in the private and public sectors, require a comprehensive approach to manage their operations effectively. Shane sheds light on how both the private and public sectors can enhance their operations by adopting the balanced scorecard, a proven tool that aligns performance metrics with strategic goals, by focusing on key factors like cost savings, timeliness, quality, and end-user satisfaction, and promotes accountability.
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