Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Global oil prices may spike in next few days but calm down in longer term

March 2, 2026

Amazon Web Services Data Center Caught Fire Amid Middle East Strikes

March 2, 2026

India Boosts LPG Output as Strait of Hormuz Disruptions Threaten Global Energy Supplies, ETEnergyworld

March 2, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Report: Only 11% of Companies Treat the CPO as a True Executive
Supply & Disruption

Report: Only 11% of Companies Treat the CPO as a True Executive

omc_adminBy omc_adminJanuary 26, 2026No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Procurement leaders may be gaining influence, but most still aren’t treated as true executives.

What’s Related

According to the 2026 Annual ProcureCon CPO Report, only 11% of organizations say their Chief Procurement Officer is a core member of the executive team with equal decision-making authority. 

The report, sponsored by ProcureAbility and based on a survey of senior procurement, supply chain, and risk management leaders, shows that 89% of respondents say their CPO now plays a greater role in high-level decision-making. Another 82% expect that influence to grow over the next year. Yet for most companies, that influence stops short of real power at the top table.

Nearly half of respondents said their CPO regularly participates in strategic planning, but only with procurement-related input. Others said the role is still brought in only when specific expertise is needed. The report notes that while this shows progress, it also highlights a gap between involvement and authority.

That gap helps explain why procurement teams often struggle to move faster on big initiatives.

 

Artificial intelligence is a clear example. While AI continues to climb the priority list, only 11% of respondents say their organizations are fully ready to use it in procurement with measurable impact. Most companies are still piloting tools or evaluating options, and many admit they are held back by data issues and internal hesitation.

The biggest barriers to AI adoption include concerns about data privacy and security, poor data quality across systems, and worries about AI replacing human judgment. Without strong executive backing, procurement teams find it harder to push through those challenges and turn pilots into real change.

Cost pressure is also back in focus. The report shows that balancing cost reduction with growth is one of the top challenges CPOs expect to face in the next 12 months, driven by rising prices, tariffs, and ongoing supply chain disruptions. 

Despite those pressures, supplier relationships remain the top priority for CPOs heading into 2026. More than half of respondents said strengthening strategic partnerships with suppliers is their highest focus, ranking ahead of AI-driven automation.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

This Minnesota Dairy Queen opens every March 1. Why? Tradition.

March 1, 2026

Israel launches daylight attack on Iran’s capital as tensions high over US nuclear talks with Tehran

February 28, 2026

Wave of California teacher strikes ‘is no coincidence’

February 27, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Global oil prices may spike in next few days but calm down in longer term

By omc_adminMarch 2, 2026

Kurt Abraham, Editor-in-Chief, World Oil Well, just when you thought that the global oil market…

Oil tankers attacked near Strait of Hormuz as Iran conflict disrupts shipping

March 1, 2026

OPEC+ to boost oil production 206,000 bpd as Iran conflict threatens supply

March 1, 2026

Oil prices forecast to jump despite Opec+ pledge to raise output

March 1, 2026
Top Trending

ESG Today: Week in Review

By omc_adminMarch 1, 2026

Winter getting shorter in 80% of major US cities, new data shows | US weather

By omc_adminFebruary 27, 2026

Trump officials move to kill system that protects US from chemical disasters | US Environmental Protection Agency

By omc_adminFebruary 27, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

PDVSA, African Energy Chamber sign MoU to boost oil and gas investment

March 1, 2026

Talos Losses Deepen | Rigzone

March 1, 2026

Tankers Halt Near Hormuz After Attacks

February 28, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.