This Week in Procurement

This Week in Procurement: What Sets Successful CPOs Apart – A Headhunter’s Perspective

Written by Philip Ideson

“The role of the CPO has transitioned from one about costs and transactions to enabling growth through margin enhancements and reallocation of capital to drive growth initiatives” – Brad Berke of Heidrick & Struggles.

The quote comes from an insightful article written by Matthias Gutzmann of Old St Labs which is this week’s “must read”.

Matthias reached out to a number of prominent procurement and supply chain recruiters to get their perspective on what makes a great CPO.

The article is a great read for all aspiring CPO’s, and for those procurement executives who are looking for inspiration on how to become even more effective in their roles.

What Sets Successful CPOs Apart – A Headhunter’s Perspective | Matthias Gutzmann, Old St Labs


2.
OTHER INTERESTING ARTICLES

Nothing New Under the Sun: Taking an Advanced Approach to Supplier Diversity | Vernon Griffin, Source One Management Services

“Trust but Verify”: The Promise of Block Chains | Rob Handfield,  Supply Chain Resource Cooperative

Has Procurement Really Changed? | Tim Cummins, IACCM

Thoughts on 2017’s Supplier Relationship & Innovation Summit | Samuel Wrest, Procurement Leaders

 


3.
NEWS

Big Ideas 2017: Highlights from Procurious’ Chicago Summit | Nick Heinzmann, Azul Partners, Inc.


4.
@ THE ART OF PROCUREMENT

Podcast: 155: The Applications and End Game of Machine Learning w/ David Hearn

 

Have a great weekend!

 

About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.