Supplier KPI’s; in other words, we measure the supplier’s performance using a set of KPI’s. However, in order for you to measure the supplier’s performance, you must know what was agreed between you and the supplier. And that data should be part of the contract terms and clauses. Largely, Supplier KPIs can be categorized into 4 different buckets: 1. Financial KPI’s 2. Quality KPI’s 3. Milestone KPI’s 4. Compliance KPI’s A new breed of Contract Lifecycle Management (CLM) solutions like Aavenir Contract Lifecycle Management Software enables the procurement team to prepare and enforce supplier contracts using effective Contract-level KPIs. Read a Complete Blog: https://aavenir.com/blog