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

Your guide to developing and implementing a successful employee training program, with interactive worksheets to help you choose training courses and identify your company's L&D initiatives.

Posted on 12/15/20

The transition from an individual contributor to a first-time manager is an important step in any professional's career. This eBook explores the critical training needs of first-time managers, from mastering the art of leadership to effective communicatio

Posted on 12/19/23

Our latest eBook, Hot Topics in CPE, highlights topical industry trends, the in-demand skills you need for career success, and which courses can help you achieve your goals as a CPA.

Posted on 10/13/20