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. Therefore, CPOs need to know the tech, understand how it is applied, and work with the business to evaluate, source, and implement it.
Does this sound like any other C-level role at companies today (hint: CIO)? Tech-savvy procurement professionals with a strong knowledge of the business and the ability to build C-level relationships may be the perfect choice for your company’s next CIO. SIG Supernova Hall of Famers will lead an interactive discussion about the evolving role of the Chief Procurement – er-Information Officer.
Contributors: CDK Global
Categories: 2021 Fall - Carlsbad, Summit Presentations
SRC Type: Talent Management