Which Metrics to Track for a Purchasing Process

Choosing metrics for purchasing should include one figure most teams never capture: how much comparing quotes actually saved. Without it, the comparison work looks like bureaucracy.

Why purchasing is judged on the wrong things

Procurement is usually measured on speed and complaints rather than on value.

  • Requests counted, savings unmeasured
  • Budget consumption known only after invoices arrive
  • Supplier choice unjustified in the record
  • Delays attributed to purchasing without stage data

The metrics worth tracking

  • Global budget, across all projects
  • Amount spent, against the forecast
  • Savings generated, by comparing quotes
  • Requests awaiting approval, showing where work is blocked
  • Budget versus spend per project, revealing overruns early

How to capture them in Jestor

  1. Register projects in Jestor with a budget and a responsible manager.
  2. Link purchase requests to their project so consumption is continuous.
  3. Record competing quotes and which was chosen, with the reason.
  4. Build the dashboard covering budget, spend, savings, and pending approvals.
  5. Enable log metrics so time in each purchasing phase is recorded.

Why choose Jestor for purchasing measurement?

Jestor tracks savings generated as an explicit indicator, which turns quote comparison from an unmeasured chore into something with visible value.

Because requests link to projects, budget consumption is live rather than reconstructed — and approvals route by cost center like any other request.

Frequently Asked Questions

Which metric is most often missing?

Savings generated by comparing quotes. See jestor.com.

Is budget consumption live?

Yes, updating as requests are approved.

Can I separate recurring requests?

Yes, using tags applied at entry.

Video Tutorial: Step by Step

Check out other practical tutorials on the Jestor YouTube channel.

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