Steve Peterson
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Re: Live Chat 01/15: CPOs Re-Shape Their Business Roles
Steve Peterson   1/15/2015 2:45:50 PM

@Mary - the role of big data is one of those that depends heavily on what sort of procurement departmetn we are talking about. Among the most successful ones we see an active and hearty embrace of bog data.  But at the other end of the spectrum we see underperforming procurement shops using .xls as their primary tool. In my view, a 1B company is simply too complex for prcurement to be using such simple tools. When the complexity of the decisions exceeds the ability of people to individually model and understand the impacts of the decisions they are making it is time to call in more support. In most cases, that start with automation, which provides the needed fuel for all analytic activity.

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Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
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