1.2.3. Procurement Targets Create targets or key performance indicators (KPIs) for your organisation's procurement objectives. Targets can be based on value, time, quality, or quantity, focusing on outcomes or outputs. Use the table below to outline the targets. Procurement Function / Description Target (quality, quantity, time, etc.) Measures Taken e.g., Cost Savings $50,000 saved per quarter Negotiate favourable terms with suppliers