When was the last time you read your job description? Yes, it lists minimum expectations. But, do only what’s required and your value will soon fade away like the writing on old parchment. Procurement should take note.
Steen Karstensen, CPO, A.P. Moller – Maersk, discusses procurement’s need to focus on value-generating initiatives if it is to become more influential. But first, we must stop referring to colleagues as customers.
Technology is a catalyst for change and an enabler. Deployed in procurement correctly, it can reinvent the purchasing process, from being purely operational, to adding strategic value across the entire business.
CPOs rightly like to think of themselves as change agents, transforming their companies with new supply chain strategies that add value and, hopefully, revenue. But there is another meaning to the term change agent that’s just as important...
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