Back to Hub
Success with Value-Based Design: Identifying Critical Factors of a Key Value Indicator (KVI)
01/26/2018

Image by Karolina Grabowska from Pixabay
Spend Matters welcomes this guest post from Paul Staelin, senior vice president of go-to-market for business intelligence and analytics at Birst, an Infor company.
Value-based design (VBD) — a methodology that uses analytics to drive meaningful results — has proven to have a great impact on a company’s bottom line. When it comes to VBD, the most important metric for any group of people within a company is the key value indicator (KVI). This metric is often used to evaluate the group manager’s performance, resulting in great reward or potential termination. Once KVIs are identified, they are then arranged into a value plan, which is later addressed and tracked via an analytics solution.
Related Articles
-
CORE04/28/2020
-
SOURCING ANALYTICS10/03/2018
-
ANALYTICS11/22/2017
-
CLM SOURCING ANALYTICS12/04/2018
-
AP/I2P ANALYTICS03/18/2020
Related Articles
-
CORE04/28/2020
-
SOURCING ANALYTICS10/03/2018
-
ANALYTICS11/22/2017
-
CLM SOURCING ANALYTICS12/04/2018
-
AP/I2P ANALYTICS03/18/2020
Related Reading
AP/I2P
EPRO
P2P
SAP Ariba: Vendor Analysis, 2023 Update (Part 3) — P2P solution details and analyst summary
10/02/2023