Tim Cook is arguably one of Procurement’s best ambassadors. Steve Jobs hired Cook in 1998 to transform Apple’s procurement and supply chain operations; he then went on to become the CEO.What are the chances of a CPO becoming a CEO?
Ask 10 different CPOs to rate their procurement functions, and you will end up with 10 different answers. This is largely because of disproportionate focus on cost savings. A balanced approach is required.