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Tag: procurement organization

Procurement management

Chief Procurement Officer Agenda: What a CPO Should Prioritize

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…

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Procurement management

Procurement Titles: How to Choose the Right Roles for a Procurement Organization

Procurement titles can easily become confusing. One company may use the title Buyer, another may use Purchasing Agent, and a third may use Procurement Specialist for almost the same responsibility. At the same time, titles such as Category Manager, Strategic Sourcing Manager, Supplier Relationship Manager, and Chief Procurement Officer may mean very different things depending on the maturity of the procurement function. This…

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