Procurement Skills

Wondering what are the procurement most needed skills?
Let’s spin the wheels!!!

🟢 Gear: Strategic Thinke

Innovative Problem Solver: if faced with a supply chain disruption due to a natural disaster, a strategic thinker would identify alternative suppliers, negotiate flexible terms, & implement contingency plans.

Forward-Thinking: analyzing market trends, a strategic thinker can anticipate potential shortages and proactively secure supply.

Data-Driven: using data analytics, a strategic thinker can identify cost-saving opportunities and optimize procurement processes.

🔴 Gear: Agile Partner

Continuous Learner: attending industry conferences and webinars, an agile partner stays updated on the latest procurement trends and technologies.

Growth Mindset: when faced with a complex negotiation, an agile partner approaches it as an opportunity to develop their negotiation skills.

Self-Motivated: taking initiative, an agile partner can identify areas for improvement and implement new processes to streamline operations.

🟡 Gear: Strategic Negotiator

Resourceful: consolidating suppliers and negotiating better terms, a strategic negotiator can reduce costs and improve profitability.

Effective Communicator: building strong relationships with suppliers and stakeholders, a strategic negotiator can facilitate collaboration and resolve conflicts.

Resilient: in the face of challenging negotiations, a resilient negotiator remains calm and persistent, ultimately achieving favorable outcomes.

🔵 Gear: A True Commander

Adaptable Leader: when faced with a sudden change in market conditions, an adaptable leader can quickly adjust procurement strategies and lead their team through the transition.

Ethical Leader: upholding high ethical standards, an ethical leader builds trust with suppliers and stakeholders.

Problem Solver: if a critical component is delayed, a problem solver can identify the root cause, work with the supplier to resolve the issue, and implement measures to prevent future delays.

🟠 Gear: Visionary Advisor

Supplier Developer: collaborating with suppliers to improve their quality management systems and reduce lead times, a visionary advisor can create long-term partnerships.

Influential Leader: persuading senior management to invest in new procurement technology, an influential leader can drive innovation and improve efficiency.

Which gear are you strongest in? What else would you add?

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