With 2024 around the corner, Chief Procurement Officers (CPOs) are busy strategizing and planning for the upcoming year’s goals and action items, while trying to successfully close on the current year’s objectives. The current macro-environment has affected the role, responsibilities, and priorities of the CPO, increasing their team’s expected contributions to the businesses’ bottom line. Competing priorities that CPOs must manage include cost savings, operational efficiency, emerging technologies, supply chain resilience, and sustainability, among others.
In this Featured Insights, Arroyo Strategy shares its views on how CPOs can methodically and intentionally address their current challenges while laying the foundation for transformative change in 2024 and beyond.
