CPOs hold the key to helping construction decarbonise and improve profitability
Dubai , United Arab Emirates
Despite being the world ’ s largest ecosystem , Construction typically yields slim margins and low productivity improvement . Coupled with the pressures presented by COVID-19 and its crucial role in achieving global sustainability , construction must lean on its CPOs to decarbonise and become a source of competition . Typically accounting for 40-70 % of a construction company ’ s total spend , procurement is stepping into the light as a trusted partner to better navigate uncertainty . Key areas for improvement :
• Create transparency for CO2
• Gain a granular perspective on materials and suppliers
• Help manage trade-offs
Image : Aleksandar Pasaric
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