While it may be easy to focus on getting the technology right or finding out where data is stored, procurement chiefs should identify a clear end goal prior to launching a digitalisation initiative
David Craik
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What CPOs do next
Three former CPOs explain how their experiences within the function were a launchpad to a challenging new career beyond procurement
Procurement chiefs turn to co-sourcing to unlock new value
A growing number of procurement organisations are working with outsourcing providers to tackle strategic projects and add to the function’s skill set
Following the trail to the source of goods
Going back to the very beginning of the production cycle will help the function keep track of the goods and services that move through its supply chain and help mitigate CSR risk
An open door to the c-suite for CPOs
Now enjoying a closer relationship with the CEO and being invited to join discussions with the board, it is crucial CPOs hone their soft skills and learn to speak the language of the C-suite