COMPARE – Creating context through comparison
The COMPARE functionality facilitates the rapid production of comparative statistics and key indicators that help in understanding of position relative to others in the public sector. COMPARE generates the answers to key questions that enable you to create a proper context for your procurement strategy and transformational goals including:
- Are you more or less administratively efficient than average when compared to organisations of a similar size in your sector and/or region?
- In which categories are you spending more or less than might be expected given the averages for your sector and/or region?
- What proportion of your overall non-pay spend is a realistic goal for spend locally, with the Third Sector, with SMEs or with newly created businesses?
- Is the proportion of suppliers overly dependent upon you a real issue or would you better directing effort at procurement related issues elsewhere?
Please note, you will be prompted to enter your Observatory login details to access these resources.
This video will demonstrate which reports in the Compare application can provide the answers to the most commonly asked questions