The Lorman Blog

Where training professionals and lifelong learners come for industry news, insights, and continuing education resources.

Strategic Sourcing: Unveiling the Training Needs of Procurement Professionals

Strategic Sourcing: Unveiling the Training Needs of Procurement Professionals

Posted on 01/05/24 By Lorman Team


Procurement professionals are experiencing a fundamental shift in their role, transitioning from transactional operators to strategic enablers within organizations. This evolution demands a broader skill set, extending beyond traditional purchasing methods. Today's specialists are charged not only with cost-efficiency but also with driving innovation, sustainability, and resilience within supply chains. To meet these expectations, training programs must cover strategic sourcing, effective risk management, and the cultivation of strong, enduring supplier relationships. Equipping professionals with these multifaceted skills empowers them as proactive drivers of long-term value and sustainable growth within their organizations.

 

Related Articles

Companies are becoming less dependent on physical office space and more dependent on online resources. So how can organizations smoothly transition employees to work from home on a long-term or rotating basis?

Posted on 08/19/20

When it comes to training and compliance, organizations have no choice but to invest in courses and certifications for their employees. But it’s been proven workers crave growth beyond industry-mandated training.

Posted on 05/01/20

This eBook will address the vital need for compliance training, exploring its significance, benefits, and the transformative impact it can have on organizations.

Posted on 12/19/23