Question: As a procurement department manager, explain how you would use the Balanced Scorecard (BSC) model to improve innovation in your procurement department, and discuss the
As a procurement department manager, explain how you would use the Balanced Scorecard (BSC) model to improve innovation in your procurement department, and discuss the advantages and limitations of using this approach. In your answer, you are required to: Identify the key performance indicators (KPIs) that you would use to improve innovation in the procurement department in each of the four BSC perspectives: financial, customer, internal business processes, and learning and growth
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