10 Things Every Procurement Leader Needs to Know

A Personal Perspective on the Profession from former CPO of Procter & Gamble

During my 30-plus years as a sourcing and procurement professional, I’ve seen the role of procurement at global enterprises transformed – and with that, the role of a procurement leader. Chief procurement officers and other procurement leaders have increased reach and responsibility – which, in general, continues to yield excellent results for the enterprise.

I’ve learned a few things in the course of my career that may be useful to other procurement leaders, either on the job today or in the making. I have been asked to share them with you. Here are 10 lessons, and I confess, some of these I came by “the hard way.” Now, perhaps, you may not need to …