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Procurement
What is the Head of Procurement?The head of procurement in large organizations is the chief procurement officer. However, it is typical to have the same job responsibility with different titles. In startups and small organizations, the chief procurement officer (CPO) has a different job title, such as procurement director, procurement contract officer, or deputy chief procurement officer. The head of procurement controls all processes of the company’s purchasing operations. Commonly, it is the one who holds the final approval before theprocurement departmentproceeds to buy the essential goods and services for its daily operation. The head of procurement has the authority to affect the supply and the spending needed to get supplies or services for the company.Just like any person who holds a high position in every company, its ultimate goal is to make the business as profitable as possible. The head of procurement does this by employing best practices and operational efficiency.The head of procurement directly reports to the chief executive officer. However, some heads of procurement at other companies report to the chief operating officer or another executive position.
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