Procurement Maturity: A tool for Supply Chain Improvement
Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
The level of efficiency and organization of a procurement service of a company canbe described as its Procurement maturity. Procurement Maturity Assessment (PMA) hencedescribes the method used to define a company’s procurement maturity index. It iscalculated based on a matrix which gives the description of 5 levels of mastery of somepurchasing-related macro-processes, representing a grade. These levels can then becompared to best-practices, in order to draw an improvement plan.The application of this methodology to a real company gives the possibility topinpoint the major gaps in its procurement organization compared to a defined goal, and todraw a specific chain of actions for improvement. Applied to a specific company (major carequipment manufacturer), an integrated software solution was implemented to improve theoverall supply chain value by reducing procurement costs and improving visibility onopportunities for globalization.
Place, publisher, year, edition, pages
2011. , 80 p.
, Degree Project in Production Engineering Management , Second Level, 483
Engineering and Technology
IdentifiersURN: urn:nbn:se:kth:diva-44911OAI: oai:DiVA.org:kth-44911DiVA: diva2:453210
Subject / course
Master of Science - Production Engineering and Management
Bayard, Ove, Dr.
Nicolescu, Mihai, Professor