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Print ArticleIs there actually a "Top 10" that can be defined for the purchasing and supply management professional? Or, in reality, is there a more precise science to finding out what will make your supply management team the most competitive in the industry?
Sometimes a particular industry will demand certain skill sets that may not even be noticed or required by different industries. Or the hot-button skills that are so popular today may be replaced by newer, sexier terms. Strategic sourcing, spend analysis and supplier development processes — terms that didn't exist 15 years ago — are some prime examples.
And look at the logistics professional: Today he or she commonly uses computerized network modeling to design optimal warehousing and transportation networks, and applies bar coding and radio frequency identification (RFID) technology that only 10 years ago would have seemed like science fiction.
The ever-changing business environment of progressive supply management departments demands continuous evaluation and updating of specific skill sets. Assessing exactly the right mix for your group requires attention to three critical areas:
- Track business changes that cause a realignment of skills sets
- Maintain the skill sets that withstand the test of time
- Build and know your company's "Top 10"
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