If you research a bit in-depth, you will find that among many aspiring and fastest-growing career options, procurement and contract management is the one, which is in high demand. This article would try to highlight the essential details about entry to this field.
Education requirements: One who is entering the procurement field must have a bachelor’s degree. The first degree should be in finance or supply chain or some technical or business field. The procurement and contract management courses are trademarks that the candidate has gained some professional training in the related field. Though not a mandatory qualification, various other certifications in the area add stars to the career path.
Job responsibilities: The first point of contact between a supplier and the company is the procurement manager. Procurement specialists look for new suppliers and develop mutually beneficial service agreements for long term interaction. They also involve with engineers, company executives, etc. Apart from this, they play a vital role in the monitoring of the vendor pricing structures.
Traits & Qualities: Procurement specialists must have some professional qualification other than that some personal characteristics like analytical skills at a high level, decision making, and mathematical skills. Negotiating with suppliers and vendors for a better deal is a vital part of this position. Being useful in negotiating abilities is also an added quality that can take you further in this field.
All these skills would get the right meaning when backed by professional procurement and contract management courses.