How good is the PROCUREMENT job? What would be the future in it?

in procurement •  2 years ago 

Hello,

As more and more organisations recognise the value of managing their spend and the supply of their goods and services to gain competitive advantage the more they recognise that they need a skilled and capable procurement professional to achieve their goals.

A procurement job comes with a high degree of responsibility. The buyer is usually in charge of the total spend of a company. In the case of global corporations, this can be huge.

They also represent the professional face of the company as they will deal with the suppliers who provide the goods and services. They must be ethically strong as they face issues such as fraud and bribery.

A procurement job requires you to be a leader as well as a manager. Providing help and advice to both internal stakeholders as well as suppliers to increase value and drive down costs.

The poster for the procurement job would probably read ‘We need YOU to reduce costs, add value, increase quality, guarantee service and reduce time to market’.

As all organisations start to realise that it is not companies who compete but supply chains the role of procurement is gaining recognition. The need to ensure organisations achieve a competitive edge requires the spend of that company to be constantly monitored and reduced, meaning a procurement job is a job for life.

But why choose a career in procurement? This raises the classic WIIFM question: what’s in it for me?

Competitive salary

A procurement job usually pays well, certainly where the responsibilities are higher and the risks require management. From humble beginnings and with the right qualifications buyers can move up the ladder of success to earn any upward of £100,000 a year. Don’t expect this to be your starting salary, it can take years to become a senior buyer or procurement director.

Career development

From humble beginnings, there are a plethora of opportunities for the budding buyer. Several organisations buy on a project basis allowing you to develop as part of a team. Succession planning means that there is always an opportunity to start at purchasing assistant, then to buyer, then to senior buyer and even enter the boardroom as procurement or supply chain director.

Job satisfaction

One of the most satisfying parts of having a procurement job is in making the deal. The buyer must understand the supply market, appraise the suppliers and negotiate the best agreement they can.

The process requires high levels of analytical and commercial skill, not to mention excellent negotiating and influencing skills. Achieving success in a negotiation is probably one of the most stimulating activities you can take part in.

The Future of Procurement Professional:

More profit and growth for companies: this is the mission of the procurement professional, a career that tends to grow continuously.

The procurement professional is an increasingly important asset in corporate meeting rooms. With about 50 candidates fighting for a position, this function is one of the hottest in 2017, according to Michael Page’s experts.

You must be wondering: what attracts so many people to this profession? In addition to average salaries around R$ 8,500, according to Love Mondays website, the area offers new challenges and a variety of hiring sectors.

On the company side, the main reason of the high demand for these professionals is the need to hire people who really understand the routine of corporate purchases, considering that the procurement area is responsible for 60% of the expenses of any business.

And every penny saved on procurement is an additional penny of profit for the company.

Other encouraging news for those who consider pursuing such career is that procurement executives from 49% of the 111 companies surveyed by the Brazilian Council of Procurement Executives (CBEC) hold vice-presidency or board positions.

This stresses the fact that the area, formerly seen as support for other departments, has been upgraded, thus becoming a strategic area for companies.

If you are wondering where to begin this journey? Then you should check the procurement professional certification online here

There are many Procurement Professional Certifications available in the market at present.

From my experience I will recommend the best certified procurement professional certification.

As I have one reference for a certified procurement professional course I found one course on google they provide a certificate course . The cpp certification courses cost is also affordable here.

You can go for GSDC procurement professional certification which provides certification at India as well as globally online and it helps to get supply chain management jobs easily.

Cost : $200

Location: Online.

The GSDC certification bodies provide certified procurement professional certification online and it is valid and accepted globally.

Many of the reputed company employees have done certified international procurement professional courses from here and give good responses and rated the cloud computing foundation certification bodies.

Benefits from Procurement Professional Certification (2).jpg

To get this certification you have to pass the procurement professional certification exam from GSDC Institution.

GSDC's procurement certification is aimed towards sharing a deep understanding of all the basic procurement professional certification .

The purpose of GSDC's procurement professional certification qualification is to confirm that a candidate has sufficient knowledge and understanding of the benefits of procurement professional certification.

Hence from above information this will definitely help you to know about how good the PROCUREMENT job and What would be the future.

For more info visit: https://bit.ly/3f3PtUV

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