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Category: Procurement e-Learning

Do You Possess the Most in-demand Procurement Skills for 2023?

The modern procurement professional must have a wide skillset. The job is no longer solely focused on cost reduction; organisations are looking to it for strategic insights and innovative solutions. Given this expansive new territory for procurement, many skills come into play. As we go deeper into 2023 and beyond,…
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Want to Win the Procurement War for Talent? Look Within

Turnover is high. By some estimates, it’s double pre-pandemic levels. This is putting at significant risk the ambitions of procurement teams in 2023: increased adoption of digital solutions; strengthening strategic supplier relationships; further commitments to ESG initiatives. Without an adequate workforce, nothing of significance will be achieved. With many HR…
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How Modern AI Can Help CPOs Embrace Their New Role

Gone are the days when Chief Procurement Officers only managed day-to-day procurement activities; CPOs are now strategic power players in their organisations. They are responsible for developing long-term partnerships with key suppliers, managing risks, driving innovation and digital transformation, and being a valuable asset to the company’s overall strategy. At…
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Fast-track Your Career with the IFPSM Certification

Contract management, project management, category management, strategy, negotiation… a procurement officer needs to be skilled in many areas to adequately perform their role. With the rise of digital applications within the industry, such as AI and machine learning, the skill base is only getting broader. It goes without saying that…
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The 6 Competencies You Need for Digital Procurement

Digitising the procurement function is your number one priority. Along with nearly all procurement teams worldwide, you’ve already started this process. Unfortunately, you’ve no doubt discovered significant skills gaps preventing you from taking full advantage of all that digitisation has to offer. You’re not alone. 83% of respondents to an…
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You Shouldn’t Have! How to Manage Gifts from Suppliers

It used to be de rigueur. Gifts from suppliers, particularly around the festive season, were commonplace and expected. Up until the end of the 20th century, tickets to corporate boxes at the footy match or meals at fine-dining restaurants were all part of doing business, and a gift policy rarely…
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Contingent Workers: You Never Stop Learning

Contingent workers

Life is full of things that come and go. Friends, money, health, a 32-inch waistline. Education, however, is the one thing you get to hold on to for life. Once you have it, no one can take it away from you. Continually building upon it and developing skills is any…
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The 6 Key Skills You’ll Need to Support Business Recovery Post-Pandemic

Life used to be simple. There were blue collar workers and white collar workers. You either wore denim to the factory or starched and pressed whites to the office. Now, though, the coronavirus lockdown has introduced a “new” collar. The pyjama shirt collar. When we begin to leave lockdown, some…
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In the Post COVID-19 World, Skill Mapping is More Important Than Ever

Skill mapping will show what skills you're missing

Skill mapping is a data-driven strategy that can help you navigate your company to more effective employees and better outcomes. Reflection is a luxury most cannot afford. Routines become ruts, which we follow day after day without deviation, never stopping to think because we simply don’t have the time. However,…
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Procurement in the Roaring ’20s

Procurement 2020

“May you live in interesting times”. A blessing or a curse? Perhaps that’s something to be determined in hindsight but, right now, it’s looking like 2020 will be an interesting year. At least. It has certainly started on fire, with significant parts of Australia in flames. At multiple fire fronts,…
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