It takes a lot of skill to become a successful CPO. Not only do procurement leaders need to understand how globalization affects their department, they also need to stay up to date on emerging procurement technologies and evolving business standards. But what makes the difference between an average CPO and a CPO that goes above and beyond?
According to CPORising.com, there are four skills that CPOs must cultivate to truly excel in their roles. One of these skills is the willingness and ability to collaborate with key stakeholders.
In a fast-paced, complex market, CPOs need to be able to work well with a variety of different teams, whether they are in finance, HR or IT. This ensures more communication and transparency between departments, leading to more efficiency and growth.