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A CPO is a centralised procurement organisation (or a central purchasing office or organisation), and itâs pretty much what it sounds like: a single business unit designed to handle the bulk of a companyâs procurement and arguably one of the best investments a business can make to consolidate spend and regain control of its supply chain.
Chief Procurement Officer (CPO) Executive level employee of an organization whose responsibilities include sourcing, supply management and procurement for the company. Generally, the CPO reports directly to the CEO of a company.