NationMaster - Encyclopedia: Chief procurement officer

A chief procurement officer (CPO) is an executive role focused on supply management for an enterprise. Supply management is a term describing the methods and processes of modern corporate or institutional buying. ...

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. Aberdeen Group is a provider of business-related research services. ... CFO is usually short for Chief Financial Officer, but may also mean: Carrier frequency offset Ceramic fiber optics Chief Fire Officer Chief of Flight Operations Conselho Federal de Odontologia (cfo. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ...

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. Economic globalization has had an impact on the worldwide integration of different cultures. ... E-procurement (Electronic Procurement) is the business-to-business purchase and sale of supplies and services through the Internet as well as other information and networking systems, such as electronic data interchange (EDI) and Enterprise Resource Planning (ERP). ...

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Publicly and privately held for-profit corporations often confer corporate titles or business titles on company officials as a means of identifying their function in the organization. ... A chief administrative officer (or CAO) is a corporate officer responsible for management of the personnel of the corporation. ... The Chief Analytics Officer or CAO is a job title for a senior manager responsible for the analysis of data within an organization, such as a listed company or an educational institution. ... A [Chief Channel Officer] (CCO) or Channel Chief Executive is a job title for the head of all indirect revenue with Partner within an organization. ... The Chief Compliance Officer (CCO) of a company is the officer primarily responsible for overseeing and managing compliance issues within an organization. ... The Chief Communications Officer or CCO is a job title for the head of communications, public relations and/or public affairs within an organization. ... The Chief Data Officer or CDO is a job title for a member of the executive management team and is the manager of enterprise-wide data processing & data mining. ... Chief Executive redirects here. ... CFO redirects here. ... The Chief Information Officer or CIO is a job title for the head of the information technology group within an organization. ... A Chief Information Security Officer or CISO, is a job role that focuses on information security strategy within an organization. ... A Chief Knowledge Officer is an organizational leader, responsible for ensuring that the organization maximizes the value it achieves through knowledge. CKO is not just a relabelling of the title Chief Information Officer - the CKO role is much broader. ... A Chief Learning Officer (CLO) is the highest-ranking corporate officer concerning talent or learning management of a corporation or agency. ... A Chief Legal Officer (CLO) is the highest-ranking corporate officer concerning legal affairs of a corporation, or agency. ... The Chief Marketing Officer, or CMO, is a job title for an executive responsible for various marketing-related activities within an organization. ... The Chief Networking Officer (CNO) is a new corporate executive office in the business world; it refers to a person who manages the social capital of a company. ... A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ... The Chief Risk Officer (CRO) or Chief Risk Management Officer (CRMO) of a corporation is the executive in charge of assessing and planning for potential risks in the various segments of a given business model, such as computer security, compliance, and lawsuits, to minimize the firms liability and related... Chief science officer is a position at the head of research and development and new technology developments at companies with a technology or research focus. ... A chief technical officer or chief technology officer (abbreviated as CTO) is an executive position whose holder is focused on scientific and technical issues within a company. ... A chief visionary officer (CVO) is a function within a company normally established beside the other executive functions like CEO or COO. He has to work as an intermediary between these classical functions and the necessity of looking up the line for the upcoming years. ... Chairman of the Board redirects here. ... Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way in which a corporation is directed, administered or controlled. ... A creative director is a position usually found within the advertising, media or entertainment industries, but may be useful in other creative organizations such as web development and software development firms as well. ... Executive compensation is how top executives of business corporations are paid. ... Executive director is a title given to a person who is the head of an executive branch of an organization or company. ... The court of chancery, which governed fiduciary relations prior to the Judicature Acts The fiduciary duty is a legal relationship between two or more parties, most commonly a fiduciary or trustee and a principal or beneficiary, that in English common law is arguably the most important concept within the portion... A General Counsel is the chief lawyer of a legal department, usually in a corporation or government department. ... A management team is directly responsible for managing the day-to-day operations (and profitability) of a company. ... Managing director is the term used for the chief executive of many limited companies in the United Kingdom, Commonwealth and some other English speaking countries. ... A non-executive director is a member of the board of directors of a company who does not form part of the executive management team. ...

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References

Famous CPOs