Knowledge Base
A useful CPO dashboard should create focus, not simply display data. This article introduces an 8+2 procurement KPI model: eight measures that most procurement functions should monitor and two additional KPIs selected according to company strategy.
Learn how CPOs can use Nigel Slack’s operations strategy model to connect company competitive position, category strategy, and supply-chain design.
A procurement policy often fails for one simple reason: management writes it, but buyers and stakeholders do not use it. For a Chief Procurement Officer, the procurement policy is a steering document. It defines how procurement should guide spend, protect the organization, manage supplier risk, support compliance, and create one common way of buying. For…
In procurement, the Chief Procurement Officer is not only responsible for purchasing performance. The CPO is responsible for making sure procurement helps the business solve important problems: controlling cost, securing supply, managing supplier risk, improving quality, supporting innovation, developing the procurement organization, and creating value across the company. This is why the CPO agenda must…
How to organize the Procurement function? Well, there is of course not one single solution. Many different factors influence. Can we create a generic variant?
