World Library  
Flag as Inappropriate
Email this Article

Chief procurement officer

Article Id: WHEBN0009339281
Reproduction Date:

Title: Chief procurement officer  
Author: World Heritage Encyclopedia
Language: English
Subject: Spend analysis, Senior management, Glossary of business and management terms, Chief research officer, Corporate titles
Collection: Corporate Executives
Publisher: World Heritage Encyclopedia

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]


  1. ^ Innovative Ideas for the Decade Ahead
  2. ^ Albert, Angeline (28 July 2011). "Survey uncovers major procurement skills gap". Supply Management.
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.