FEBRUARY ONLINE EXCLUSIVE—Five Procurement Resolutions for 2012

Tips for raising procurement to new levels in the new year


Turn trainees into future CPOs

When I got my first taste of procurement, there was plenty of excitement and buzz around the industry, but it seems to be dying. There are countless articles claiming that the procurement talent pool is drying up. What’s going to happen in 10 years? Who will take over as the next generation of CPOs?

Procurement staffs have shrunk and are under more pressure than ever to live up to tough, cost-saving expectations. But it’s critical that the team doesn’t lose sight of one their most important objectives: training the next generation of CPOs. In 2012, take a step back, and begin investing in practical training to outline clear career paths for employees. The lasting impact: helping to build the future of procurement.

Paul Martyn is VP of Supply Strategy at BravoSolution. For more information on spend analysis and supplier performance management, visit www.BravoSolution.com

 

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