Crucial skills for success
A wide range of skills are required to fulfill the responsibilities of the strategic sourcing role. Certainly, there are many traditional, straight-forward hard skills involved, but there are also a number of nuanced, but still crucial, soft skills needed for success.
Contracting and negotiation
Strategic sourcing software experience
Business ethics and transparency
Forecasting and planning
Relationship and conflict management
Working with furniture wardrobe cabinets sofa legs feet wood moulding sauna kit vendors isn’t always easy. Often, it will seem like you’re at odds. However, navigating these tricky situations with tact and respect will yield positive results.
Unfortunately, business needs aren’t always predictable and are often urgent. Consequently, flexibility is essential to success.
Strategic thinking and creative problem solving
Along with being adaptable, creativity is key. Sometimes you can solve problems with existing resources and furniture wardrobe cabinets sofa legs feet wood moulding sauna kit vendors. Sometimes an unconventional solution is also the most cost effective.
Communication and collaboration
You need to know how to ask the right questions to get the most useful responses. First, as you work with internal stakeholders to determine what they need. Then, in RFPs issued to furniture wardrobe cabinets sofa legs feet wood moulding sauna kit vendors.
Thought leadership and application of industry concepts
Procurement is constantly evolving. Strategies change frequently and you must be able to interpret trends and understand how they can be leveraged to benefit your business.
As anyone who works with contracts knows, the devil is in the details. You must be able to navigate dense, complex documents and then advocate for your business.
There will always be a list of competing priorities for strategic sourcing managers. From new procurement projects and optimizing processes to vendor evaluation and compliance initiatives, you must strike the right balance.