
CPO
CPO, or Chief Procurement Officer, is a senior executive responsible for overseeing an organization’s procurement processes, which include sourcing, purchasing, and managing suppliers. Their goal is to ensure the organization acquires quality goods and services at the best value, while maintaining strong supplier relationships and managing risks. The CPO develops strategies to optimize spending, improve efficiencies, and support the company’s overall objectives. They work closely with other departments to align procurement activities with business needs, ensuring that supply chain operations run smoothly and cost-effectively.