Article
Moving from tactical to strategic
Both public-sector and private-sector chief procurement officers have been moving from tactical to strategic functions. Several key elements were consistently identified as important factors in a strategic organization.
Procurement practice has been evolving for decades as both public-sector and private-sector chief procurement officers (CPO) move from tactical, administrative functions to the more strategic. Innovative processes like strategic sourcing and cooperative procurement are being implemented to achieve savings and to deliver services and solutions to support operations. The current economic environment and limited budgets create both challenges and opportunities for procurement organizations. Leaders seeking to move away from a tactical role can use the...
