CPO Insights #29

Welcome to CPO Insights #29, your monthly update on the world of Procurement, Digital Procurement and Supply Chain News, featuring insights from C-Level executives.

Latest Stories from CPOstrategy Issue 61:

Opella: A New Chapter for Procurement

Opella CPO Marie-Pierre Goyenetche and her team talk building better supplier relationships, promoting innovation, and developing a more agile, efficient, value-driven procurement function as the company transitions towards a fast-moving consumer healthcare (FMCH) model, carveout from its parent company, Sanofi.

"We are undergoing one of the most significant separations the industry has seen in recent years, and perhaps for years to come. This is more than just a procurement transformation; it’s a business transformation.”

Technology Innovation Institute: Building an Innovation-Driven Procurement Function

Technology Innovation Institute has experienced rapid development across a procurement function that has become central to its regional and global goals. CPOstrategy sat down with the team to learn more about its origins and rapid evolution.

“It’s a case of utilising the technology available to us to streamline and automate processes as much as possible. Procurement was previously seen as an impediment, but now it’s a clear enabler in governance and compliance mandates, allowing end-users to take the lead on more value-added activities within their roles.” - Kevin Gazzard, Procurement Manager.

Vertice: Why Visibility in SaaS Procurement Matters More Than Ever

Executives at Vertice uncover why having a clear view of your procurement data and processes is the key to controlling costs and better value.

"Often, vendors have developed and expanded their products to increase their value to their customers, but ended up overlapping with others elsewhere in the stack. If you don’t look for this risk, you’re instantly limiting your ability to spend smart.” - Michael Keller, Director of Procurement, US.

Bulgari: Procuring Creativity

Matteo Perondi, Chief Procurement Officer at Bulgari, explores how the luxury fashion house’s procurement transformation is enabling the business to better express its creativity.

“In many companies, procurement is seen as an enabler. They support cost savings, compliance, audits, sustainability, and so on. But I didn’t want to just enable. I wanted procurement to be a strategic partner.”

Deglobalisation and Disruption: Surviving the World Trump's Tariffs Built

As the unfolding tariffs crisis continues, we hear from industry experts about the potential for technology and strategic relationships to help procurement leaders survive in a new economic era.

“Over the last decade, the world has faced many disruptive events: Brexit, COVID, the Suez Canal, geo-political conflicts, climate changes, and so on. Each one is unique in its nature, but they all have similar impacts on supply chains and manufacturing; causing breaks in global supply, extreme fluctuations in demand, and unknown costs and barriers to competing.” - Fayola-Maria Jack, CEO and founder of Resolutiion.

Thanks for reading CPO Insights #29!

If you have any procurement or supply chain stories you would like us to feature, please contact us at marketing@b2e-media.com.

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