The Next Level Purchasing Association is proud to feature a recent article collaboration between Jeff Dean, Vice President of Education at NLPA, and American Fastener Journal, where Jeff discusses the growing impact of fractional Procurement leadership.
In today’s Procurement environment, organizations are under pressure to reduce costs, manage supplier risk, implement sustainability initiatives, and adopt AI technologies, all while keeping overhead low. In his article, Jeff explains how fractional Chief Procurement Officers (CPOs) offer a strategic and cost-effective solution.
Unlike traditional consultants who operate from the outside, fractional CPOs integrate into the organization on a part-time basis. They lead Procurement strategy, oversee execution, and deliver measurable business outcomes.
Key benefits of fractional Procurement leadership include:
- Lowering Procurement spend by 5 to 15 percent
- Enhancing supplier performance and contract value
- Supporting AI integration for analytics and risk management
- Providing executive-level leadership without full-time costs
Companies that work with fractional CPOs often realize a return on investment greater than 2.5 times within the first year. One example highlighted in the article features a SaaS company that saved $216,000 annually after a $60,000 investment in fractional Procurement leadership.
This model is ideal for small to mid-sized businesses or larger enterprises that need executive-level support without the cost of a permanent hire. It provides flexibility, speed, and expertise to strengthen Procurement functions and drive strategic growth.
To read Jeff Dean’s full article in American Fastener Journal, download the PDF here.
Looking to bring this level of expertise into your own organization? NLPA Consulting Services offers customized Procurement solutions, to help you meet your goals faster and more effectively.
