COO (Chief Operating Officer)

The Chief Operating Officer (COO) is typically responsible for overseeing the operational activities of a company and making sure those operations are aligned with the organization’s strategic objectives. In the context of procurement, the COO is responsible for developing a strategy to optimize the procurement process and ensure that it delivers value. This includes analyzing supplier relationships, identifying opportunities for cost savings, managing contracts, and ultimately driving efficiency in the buying process. The COO works collaboratively with other stakeholders to ensure that these goals are achieved in an efficient and effective manner.