The Lorman Blog

Where training professionals and lifelong learners come for industry news, insights, and continuing education resources.

Strategic Sourcing: Unveiling the Training Needs of Procurement Professionals

Strategic Sourcing: Unveiling the Training Needs of Procurement Professionals

Posted on 01/05/24 By Lorman Team


Procurement professionals are experiencing a fundamental shift in their role, transitioning from transactional operators to strategic enablers within organizations. This evolution demands a broader skill set, extending beyond traditional purchasing methods. Today's specialists are charged not only with cost-efficiency but also with driving innovation, sustainability, and resilience within supply chains. To meet these expectations, training programs must cover strategic sourcing, effective risk management, and the cultivation of strong, enduring supplier relationships. Equipping professionals with these multifaceted skills empowers them as proactive drivers of long-term value and sustainable growth within their organizations.

 

Related Articles

Picture your highest performing employee and think about the scale and quality of work they perform daily. Now consider your company’s employee retention efforts. Is your organization actively working on maintaining valuable talent?

Posted on 05/29/20

Continuing education comes in many forms, from blogs and webinars to formal certification programs. Any step you take, whether it’s big or small, is a positive step toward achieving your career goals.

Posted on 06/30/20

This eBook explores the essential training needs of administrative professionals, from mastering organizational tools to developing advanced communication skills and adapting to technological advancements.

Posted on 12/14/23