More than at any other time in recent history, CPOs are asked to know their function and understand the key strategies of their business. They are being asked to go beyond negotiating contracts, getting costs savings, and sourcing suppliers. Very often, without even a mandate, they are expected to innovate and implement third-party solutions proactively for the business. Increasingly, technology and technology providers comprise perhaps the most significant expenditures for most companies.
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More than at any other time in recent history, CPOs are asked to know their function and understand the key strategies of their business. They are being asked to go beyond negotiating contracts, getting costs savings, and sourcing suppliers. Very often, without even a mandate, they are expected to innovate and implement third-party solutions proactively for the business. Increasingly, technology and technology providers comprise perhaps the most significant expenditures for most companies.