Supply Chain for Leaders: Lessons Learned from a CPO Roundtable

What You Need To Know
Chief procurement officers (CPOs) want to succeed, but many times they don’t know what they’re missing.

Gartner’s CPO Roundtable focused on the transformational success of procurement organizations, including vision and strategic alignment, sourcing excellence, supplier segmentation ad creating competitive advantage in the supply chain.

Key Findings

• Procurement transformation is a journey, and not everyone is at the same stage. Value is derived throughout however.
• Sourcing is critical to creating and maintaining competitive advantage. Without this core competency, millions can be lost to the bottom line.
• Maintaining competitive advantage requires constant assessment and tweaking to strategies, objectives and business processes across the organization.
• Supplier segmentation is critical to sourcing and supplier collaboration initiatives.