Measuring Procurement Value and Performance: A Price Index Model
Sep 10, 2018
Publisher: SCMA

Acknowledged by McMaster University in a national competition for a most innovative procurement analysis tool, the Price Index Model — created by instructor Larry Berglund — is a valuable assessment tool used by leading organizations.

Using the Price Index Model is one of the few ways you can track price changes objectively against other cost drivers and indices over multiple time periods.

This tool provides insights on sourcing strategies and quantifies the effectiveness of procurement to ensure competitiveness.

Larry will demonstrate how the Price Index Model:

1.     Validates how you contribute value to your organization;

2.     Measures and tracks price changes over time with changing volumes; and

3.     Benchmarks budgets against forecasted cost changes.

The webinar will use examples and walk participants through a step-by-step process. It is easy to set up and manage an on ongoing basis.

All participants will receive a copy of an article with case studies using the price index model.

About the Facilitator:  Larry Berglund | SCMP | MBA | FSCMA
Principal, Presentations Plus Training & Consulting Inc.


Larry’s supply chain experience includes leadership positions in the forest industry, public health care, municipal government, university operations, academia, and consulting services.  As a consultant, he drafts procurement policies, templates, strategies, conducts audits, operational reviews and implements best practices in private and public sector organizations.

He facilitates online and classroom workshops on buying, business ethics, circular economy, inventory management, leadership, contract management, risk management, social procurement, operations management, supplier performance evaluations, competitive bidding, performance metrics, and corporate social responsibility.

Larry is an online coach for several supply chain courses in the Athabasca University Leadership & Management Development program.

He has presented at conferences across Canada, Asia, Europe and in the USA. In 2017 and 2018 Larry was invited to present on advanced supply chain training to the United Nations staff in Brindisi, Italy.

In 2016 Larry was the recipient of the prestigious SCMA Fellow award.

Larry has written many articles on a variety of supply chain subjects for several business publications. His 3rd book is Good Planets Are Hard To Buy: A Management Handbook for Creating Conscious Capitalism, Sustainability Principles and Supply Chain Excellence.

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