February 19, 2019
Inside Supply Management Weekly, “The Monthly Metric: Progress Report”
When Inside Supply Management®’s blog introduced The Monthly Metric in March 2017, we compared the advanced-analytics evolution in procurement to that in baseball. Over the years, detailed metrics have played big roles in propelling franchises to championships, and for many major-league teams, a burgeoning research and development department has become as vital to success as coaching and scouting. And with teams now in Florida and Arizona for spring training, it’s an ideal time to go back to the basics and examine the state of supply management analytics with Chris Sawchuk, principal and global procurement advisory practice leader for The Hackett Group, a Miami-based business consultancy.