Compiling a management report
2 April 2012
Q: I have to present a monthly purchasing report to management. What are the key areas they are likely to be looking for? At present, my report focuses on efficiency measures, such as the completion ratio of requisitions, but I feel this is insufficient.
A: Clive Heal, head of group procurement at Prudential, writes: A management report should be a maximum of two pages and help to demonstrate that you are meeting your targets and that these are aligned to business objectives.
Regular reporting, in standard formats such as CIPS’s purchasing managers’ index, breeds confidence in procurement reliability...