
279Procurement/Purchasing
product quality, purchase prices, and total cost (Petersen et al. 2005). Another measure that
is gaining favor is the cash-to-cash cycle time.
One forecast for purchasing and supply predicted “there will be an intellectual ght
over designing metrics that are very specic for particular chains” (Carter et al. 2000).
They doubt there will be a standard set of metrics that can be used throughout the sup-
ply chain. Others advocate the use of economic value added (EVA) as a measure, because
of its recognition of the contribution of revenue, operating costs, and capital investment
(Monczka and Morgan 2000). A system designed ...