Supply management ROI
Supply management (SM) return on investment (ROI) is a simple way to communicate the value your supply management group delivers to stakeholders. To calculate your organization’s SM ROI, divide cost savings (reduction + avoidance) by supply management operating expenses. In 2021, every US$1 invested in supply management returned $6.35 – an average of all companies’ ROI using reduction + avoidance savings.
Make sure your company participates in this year’s Metrics of Supply Management. Opt in to participate now.