Gartner Research

CPOs and Supply Management Leaders Drive Value Through Raw Material Commodity Management

Published: 30 September 2014

ID: G00267409

Analyst(s): Richard Adams

Summary

Chief procurement officers and supply management leaders are tasked with increasing responsibilities in raw material commodity management. Leaders must understand and adapt to these new challenges by increasing the value delivered to stakeholders.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • CPOs and supply management leaders must improve the effectiveness of raw material commodity management to manage increasing global complexity and price fluctuations
  • Supply management leadership must deploy technology tools with advanced capabilities to meet increased responsibilities around the management of raw material commodities
  • The financial and risk management implications on corporate performance mandate that CPOs and supply management leaders increase their governance of raw material commodities

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