Ardent Partners’ annual CPO Rising research report is now available. Entitled, CPO Rising 2014: Convergence and authored by Ardent’s Chief Research Officer, Andrew Bartolini, this report presents a comprehensive, industry-wide view into what is happening in the world of procurement and captures the experience, performance, perspective, and intentions of 273 Chief Procurement Officers and other procurement executives. The report also includes benchmarks, analysis, and recommendations that procurement leaders can use to better understand the “state of procurement” today, gain insight into best practices, benchmark their performance against the Best-in-Class, and ultimately improve their operations and performance.
The report is organized into the following four chapters:
Chapter One – The State of the CPO: This chapter looks at the role of the Chief Procurement Officer and the level of engagement and alignment this leader has within the enterprise today as well as the key drivers and challenges that have shaped and will shape CPOs’ priorities and plans in 2014 and beyond.
Chapter Two – The State of Procurement: This chapter presents a detailed view and analysis of the typical procurement operation today by analyzing procurement’s current capabilities in the areas of people, process, and technology. The chapter also looks at the key activities and responsibilities that are converging under procurement’s leadership.
Chapter Three – Procurement Performance: This chapter provides procurement performance and operational statistics for readers to use as benchmarks for their own organizations. This chapter also defines Best-in-Class procurement performance and highlights the strategies, processes, and technologies that enable Best-in-Class performers to maintain their competitive advantage.
Chapter Four – Strategies for Success: This chapter presents a series of recommended strategies and approaches for CPOs and procurement departments that are seeking to improve their operations and results.
Andrew will begin sharing highlights of this report on these pages starting next week, but if you want the report, it is available (after registration) from several sponsor sites including here, here, here, here, here, or here.
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