6 Imperatives for CPOs

Procurement
            at the heart of the high performing business

Well equipped procurement and supply management organizations have the power to drive business performance on both the profit and revenue lines. But procurement can only succeed as an explicit driver of business performance by,

Becoming that well-equipped procurement and supply management organization means recruiting the right talent into procurement, adopting proven best processes and using technology strategically to: overcome human limitations for processing information; remove physical obstacles to collaboration; ensure efficiency and maximize return on investment in procurement.

To get to this vision, CPOs must focus on the six imperatives outlined in this paper.

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