Long Name |
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PDS Procurement Lead Time |
Description |
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The average time from initiation of the procurement action requiring a new contract to receipt of products / services purchased as a result of the procurement action. |
Parent Measure (1) |
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Procure to Pay |
Child Measure(s) (0) |
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Metric Driver(s) (1) |
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Cycle Time Reduction |
Metric Calculation |
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Purchase Order Date: The date in which order was transmitted to the contractor.
Receipt Date: The date in which materials/service was received.
The Receipt Date will be subtracted from the Purchase Order date to calculate the difference. The time span is calculated at the item level. |
Measure Type(s) (1) |
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Performance Measure |
Metric Frequency Type(s) (1) |
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Monthly |
Desired Effect(s) (1) |
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PDS Procurement Lead Time |
Project(s) (0) |
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E2E L1(s) and or Process(es) (1) |
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Procure-to-Pay : Perform Receipt, Acceptance, and Return
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Operational Activity(ies) (0) |
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