There has been a sharp rise in the amount of jobs made available to help alleviate the high unemployment rate. Many new jobs are being developed to cater to those who are still unemployed.
Procurement workers have gone up dramatically. Procurement is now regarded as one of the main contributors to the growth of an organization. Such types of work positions are responsible for minimizing costs and reporting on achieved savings.
People in these roles are often expected to provide a company with and use more tangible benefits. Many of their essential duties are to negotiate million-dollar contracts, incorporate creative systems, and oversee offshore operations.
Benefits of Having a Procurement Job
The access to senior-level stakeholders is an immense advantage of working in procurement. In fact, you will get to do this very early in the job process, which ensures that many doors can be opened in terms of career advancement. This is also one of the work sectors in which success, rather than seniority, determines career advancement.
Operating in this field also provides the ability to work on a variety of different projects. Some may need to focus on automation and cost savings. In contrast, others will prefer a hands-on approach, which may include building effective supply chains by benchmarking marketing agencies.
There is such an abundance of opportunities available, which makes it incredibly attractive to everyone searching for a job position that will bring new challenges to them. It is primarily an outward-focused position, as procurement aims to partner with others in various sectors.
The demand for people employed in the procurement sector has always been robust. A procurement specialist has a significant effect because they show a client the real competitive advantages. Wages of those employed in this field are on the rise as well.
Types of Procurement Jobs
Procurement Lead
The negotiation and management of large, or even global, contracts would be the responsibility of a procurement lead. They need to determine the most cost-effective method of providing goods or services. The procurement lead is responsible for the development of a practical approach to finding and contacting suppliers using IT systems.
Head of Purchasing
This job position requires a person to manage a team through sourcing, buying, and control of stocks. In addition to importing raw materials, equipment, and packaging, they’ll look at supply for imported goods.
Senior Buyer
A senior buyer will be responsible for enforcing purchasing procedures so that they can achieve quality, cost, and distribution improvements for various goods in the budget.
This is a relatively open place to work your way up in regard the career growth opportunities. It’s a job position in which you’ll advance further after showing the right level of success, so keep up the hard work!
Why You Should Work in Procurement
Competitive Salary
Typically, a procurement job pays well. Through modest beginnings and with the right credentials, consumers will step up the performance ladder to gain around $100,000 a year in excess. Don’t expect to see this as your starting salary, it can take years to become a senior buyer or director of procurement.
Career Development
There are a lot of possibilities for a budding buyer from humble beginnings. Many companies hire on a project basis, which makes it easier for you to work as a team. Succession preparation means that it is often possible to start buying managers.
Travel
With globalization, procurement practitioners continue to handle worldwide supply chains. Most companies have customers managing regions such as Europe or Asia, and they will need to visit suppliers to ensure they provide value-added to the client. Some procurement positions are synonymous with flying, such as airline procurement positions or cruise ships. Someone in the Caribbean has to handle the vendors and it could be you!
How to Work in Procurement
Like with every job, your curriculum vitae is a crucial factor for assessing your progress in having a position in the procurement field. This is your opportunity to prove why you’d be the right choice.
The primary competencies you want to show in procurement are transparency, skills in negotiation, excellent communication, budget control, organizational skills, and leadership.
You can find employment by experience alone, but having the right credentials for recruitment opens up a large number of opportunities that would otherwise be inaccessible to you.
Conclusion
If you want to work in procurement, we hope this article was helpful for you! Begin developing your skills so you can pursue a successful career in procurement today!
Also read – These Are the 4 Best Entry Level Jobs in 2020