At the University of Pennsylvania, the work of Purchasing Services and the resolve
of our senior leadership to place supply management on the leading edge of Penn's
cost containment effort enables us to leverage our buying power and provide financial
Return-on-Investment (ROI) that will impact the institution's
bottom line.
| Metric Category |
Metric Overview |
| Process Efficiencies |
|
| · |
Electronic Invoicing |
Statistics on process efficiency for electronic purchase order invoices |
| · |
EDI Process Exceptions |
Statistics on process efficiency for electronic purchase order invoice exceptions |
| · |
EDI Invoice Rejections |
Percentage of electronic purchase order invoices rejected due to data error |
| · |
Payment Within Terms |
Percentage of supplier invoices paid within standard University payment terms |
| · |
Clearing Matching Holds |
Percentage of clearing invoice matching holds to ensure timely payment of
supplier invoices |
| · |
Invoice Processing Efficiency |
Number of purchase order supplier invoices not entered into BEN Financials
within 15 days |
| · |
Library Feeder Transactions |
Number of transactions and dollars for University Library transactions transmitted
electronically to Accounts Payable |
| · |
Electronic Funds Transfer |
Number of transactions and dollars of electronic transfer of funds transactions
and dollars process for payment to suppliers |
The following are the formal supply chain business strategies we use to achieve
the annual performance goals listed below.
All questions regarding the Procure-to-Pay Performance Metrics are to be directed
to Ralph Maier in Purchasing Services.
