Cost control consistently ranks high on organizational priority lists, but it’s just the beginning of what a skilled procurement or sourcing expert can bring to the table. Yet, if you ask any kid what they want to be when they grow up, chances are “procurement expert” doesn’t make the list.
A good procurement professional not only drives savings and outcomes, but also builds collaborative partnerships with suppliers and internal stakeholders, helping everyone in the company upgrade their materials, services, and results. So why is skilled procurement talent so hard to come by? Many procurement experts believe it’s because procurement has not traditionally been perceived as a distinct career path, but instead as a stepping stone on the way to a career in another arena.