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Chief procurement officer

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Title: Chief procurement officer  
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Chief procurement officer

A chief procurement officer (CPO) is an executive role focused on sourcing, procurement, and supply management for an enterprise.

[1] This survey of nearly 250 CPOs around the world includes a procurement competency matrix, which considered the higher-level skills a purchasing department should have. Contract management, category management, data analysis and presentation expertise were rated as average by CPOs, with no competencies achieving a good or excellent rating. The report said there was a 'picture of a very middle-of-the-road set of skills residing within the typical procurement department.' It also added: 'For the average department, opportunities for improvement abound.'"[2]

References

  1. ^ Innovative Ideas for the Decade Ahead
  2. ^ Albert, Angeline (28 July 2011). "Survey uncovers major procurement skills gap". Supply Management.
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