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A Chief Procurement Officer (CPO), sometimes called Chief Logistics Officer (CLO) is an executive role focused on supply management for an enterprise.

A report by Aberdeen Group shows a marked acceleration in the significance of procurement's role. Although it remains an exception for procurement to be considered the leading competency of an enterprise, 73 percent of surveyed CFOs indicated that the procurement function has grown more strategic over the past three years.^[1] Procurement's continued stride forward is also evidenced by the fact that nearly a fifth of all CPOs now report to the president or CEO of their company.

Globalization, compliance pressures, supply market risk and procurement automation have simultaneously elevated the visibility of the procurement discipline within companies and increased supply management challenges. In response, procurement executives have established agendas for organizational transformation. These plans incorporate activities to bring more spending under management, enhance the procurement organization's skills and visibility, and increase both internal and external collaboration.

Famous CPOs

John Paterson, CPO IBM
Shelley Stewart Jr. CPO, Tyco International

Publications covering the CPO

Analysts covering Procurement and the CPO

Andrew Bartolini - http://www.aberdeen.com/about_us/analyst_bios/bartolini.asp
Mickey North Rizza - http://www.nesupplychainconference.org/present/Bios/NorthRizzabio.asp
Pierre Mitchell - http://www.answerthink.com/04_news/01_press/pr_2004/pr_12062004_01.html

References

^ The CFO's View of Procurement [1]

[aberdeen-1] The CFO's View of Procurement [1]

[1]

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	A '''~~chief~~ ~~procurement~~ ~~officer~~''' ('''CPO'''), sometimes called '''Chief Logistics Officer ('''CLO''') is an [[Senior management\|executive]] role focused on [[supply management]] for an enterprise.		A '''Chief Procurement Officer''' ('''CPO'''), sometimes called '''Chief Logistics Officer''' ('''CLO''') is an [[Senior management\|executive]] role focused on [[supply management]] for an enterprise.

	A report by [[Aberdeen Group]] shows a marked acceleration in the significance of procurement's role. Although it remains an exception for procurement to be considered the leading competency of an enterprise, 73 percent of surveyed [[CFO]]s indicated that the procurement function has grown more strategic over the past three years.<ref name="aberdeen">The CFO's View of Procurement [http://www.aberdeen.com/summary/report/benchmark/4202-RA-cfo-view-of-proc.asp]</ref> Procurement's continued stride forward is also evidenced by the fact that nearly a fifth of all CPOs now report to the president or [[CEO]] of their company.		A report by [[Aberdeen Group]] shows a marked acceleration in the significance of procurement's role. Although it remains an exception for procurement to be considered the leading competency of an enterprise, 73 percent of surveyed [[CFO]]s indicated that the procurement function has grown more strategic over the past three years.<ref name="aberdeen">The CFO's View of Procurement [http://www.aberdeen.com/summary/report/benchmark/4202-RA-cfo-view-of-proc.asp]</ref> Procurement's continued stride forward is also evidenced by the fact that nearly a fifth of all CPOs now report to the president or [[CEO]] of their company.

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