The CPO’s Strategic Agenda: Managing Performance, Reporting to the CFO Report Update
A report from Aberdeen Research Group
The most effective CPOs manage their performance like any other executive. They have
standard metrics that help them gauge the health of their operations and benchmarks for
relative comparisons. However, CPOs are challenged to demonstrate their impact in
commonly understood and accepted enterprise financial terms. The convergence of procurement
with finance is helpful, but CPOs need to take advantage of the CFO relationship
to drive this bottom-line financial value. As part of our CPO’s Strategic Agenda research
series, we have explored this opportunity in detail with over 500 procurement executives
from around the globe.
