Are you a procurement professional?
- Author Lindsay Chesar
- Published January 15, 2011
- Word count 473
Professionalism in procurement can be defined as the practical and visible application of qualities and competencies covering knowledge, appropriate skills and behaviors. In a general sense, professionalism comes from knowing one has done a good job to the best of one's ability.
Decision-making
Working within the area of professional procurement requires solid experience of the commercial world and also a deep rooted understanding of the strategy and goals of the business you are in. Today's procurement professional is faced with having to make many decisions some of which may have long term implications. Making high quality decisions in a short amount of time with confidence is a requisite competency for success in procurement.
Education and Training
A basic understanding of economics, finance and the operation of a business or entity can be gained from formal studying. For a person to achieve the level of professionalism that is expected procurement competencies need to be learnt, both on-the-job and in the classroom. Professionalism in procurement cannot be achieved without education and training in both technical and soft skills but it doesn’t stop there. A genuine curiosity about relevant news and events is useful to keep on top of the latest thinking and techniques.
Procurement processes
A procurement professional has an in-depth understanding of the whole process from sourcing goods and services through to completion and exiting of contracts.
There are many sub-processes that are vital to a successful operation of a business including negotiating and contracting with suppliers, supplier relationship management and the need for compliance and risk mitigation. Any person with aspirations to become a senior manager in procurement should be well versed in both the sourcing and contracting processes as well as transactional purchasing.
Professionalism and ethics
Professionalism in procurement and ethics both relate to proper conduct. Ethics covers the conduct and moral principles recognized as appropriate within the profession. Most world class procurement teams work within a code of ethics which covers issues such as disclosure, fairness, objectivity and transparency. It is recommended that leading procurement professionals exhibit an understanding of these concepts and identify with them.
Communication
There is an overwhelming agreement amongst procurement professionals that being able to effectively negotiate with suppliers and deliver quality procurement solutions requires a wider range of skills than many other professions. Professional procurement is not only about functional knowledge, the ability to develop strong relationship management skills and to be able to communicate clearly in writing and verbally are also critical.
So what is professionalism in procurement?
Procurement has established itself with an important strategic role to play in leading organizations. Professionals will regularly scan and know their industry, their markets, their supplier base and work to derive more value. Procurement professionals will understand the policies and processes, be able to communicate effectively and be able to make good decisions based on facts.
About Author:
Lindsay Chesar is the Editor of Purchasing & Procurement Center. Get your Free
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Unlocking Inner Beauty: The Science of Stronger Hair, Radiant Skin, and Resilient Nails.
- The Secret to Silky Skin: Modern Hair Removal Solutions Explained.
- Wildly Elegant: Why Antelope Carpet Is the Ultimate Patterned Carpet for Luxury Homes
- Automatic Driving Lessons in Glasgow: Your Top FAQs Answered by Autogear Experts
- FAQ Guide: Everything Caledon Homeowners Should Know About Choosing Lighting from Fehmi Lights
- The Evolution of Compact Cinema Cameras: From Studio Rigs to Agile Setups
- Smooth Confidence: The Ultimate Guide to Effective Hair Removal.
- The Natural Path to Stronger Hair, Glowing Skin, and Healthier Nails.
- Smooth Skin Ahead: How to Remove Skin Tags Safely and Naturally.
- Smooth Skin Ahead: Natural Paths to Reducing the Appearance of Scars.
- The Art of Carved Doors: From Rustic Charm to Modern Elegance
- The Pediroller: A Simple Tool with a Profound Impact on Foot Health
- Fading Scars Naturally: How to Restore Smoother, Even-Toned Skin.
- Say Goodbye to Skin Tags Naturally: A Complete Guide to Gentle Removal.
- Refresh Your Home with the Carefree Spirit of Boho Decor
- The Charm of Modern Farmhouse Décor
- Luxury That Lasts: Why Happy Feet Flooring Is a Smart Investment
- The Real Reason Bamboo Pajamas Cost More—And Why GYS Makes Them Worth Every Penny
- Mastering Camera Support: How Precision Fluid Heads Transform Cinematic Movement
- Color Reproduction and Skin Tones — The Real Challenge for Modern Cinema Lenses
- The Use of Electric Callus Removers: A Modern Approach to Foot Care
- Clearer Skin Naturally: The Complete Guide to Safe and Effective Skin Tag Removal.
- Fading Scars Naturally: How to Restore Smoother, Even-Toned Skin.
- Varicose Veins Demystified: From Early Warning Signs to Proven Relief.
- Clearer Days Ahead: How to Effectively Treat and Manage Rosacea Symptoms.
- The Death of Expertise: Navigating the Political Landscape
- Hospitality Meets Worship: Church Carpet That Welcomes
- Using Toe Straighteners to Help Foot Problems
- Emerging technologies shaping the future of digital
- Do Magnetic Eyelashes Actually Work?