In recent years there has been growing support for Chief Procurement Officers (CPOs) to become greater integration into the business and demonstrating the impact they can have on operating cost and the added value that they can help recognise. In line with this, it is widely accepted that the importance of post-contract management of the supply chain and vendors within it is gaining momentum and becoming ever more important to those looking to not see value eroded after the deal is signed but actually nurtured and increased over to.
Until now the discipline has lacked a consistent approach, in short how to respond to answer this conundrum and how maturity can be measured until now that is!