Hard Skills
AdvancedStrategic SourcingThe systematic process of identifying, evaluating, and selecting suppliers that provide the greatest value to an organization.
IntermediateSpend AnalysisThe process of collecting, cleansing, and analyzing expenditure data to identify savings and efficiency opportunities.
IntermediateEthical ProcurementAdhering to legal standards and moral principles in the purchasing process, including anti-corruption and sustainability.
Soft Skills
ExpertContract NegotiationThe ability to discuss and formalize terms, pricing, and service levels with vendors to achieve favorable outcomes.
IntermediateSupplier Relationship Management (SRM)A strategic approach to managing interactions with third-party vendors to maximize the value of those relationships.