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Top 20 Skills Procurement Pros Need to Master

World of Procurement blog

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52
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Top 20 Skills Procurement Pros Need to Master

World of Procurement blog

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52
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BCG’s 10 Step Plan for Procurement Excellence

Procurement Software

Excellence in procurement is not just about the well-estabished pillars of strategic sourcing and delivering annual cost savings. BCG claims that if companies get their ethical business practices right, they can increase their profitability by between 2 and 5%.