Respected mam I have recently completed my BBA and i want to know how i can become procurement manager or purchase manager what i should do and what skills i need to have please guide me for this thanks.
I would advise you to start your journey through a procurement role that helps you understand the basics of procurement like spend management, supply chain, sourcing, data analysis, negotiation etc, as these are not covered in BBA at all. Then within few years you can aim to become a Procurement Manager or Purchase Manager. People management, coaching and training skills additional to procurement expertise will be needed to fulfil your aim. So, in short start with the basics, with an aim to improvise on your domain as well as people management skills.
@@Jayeshmuluk Most of the organizations use an ERP system to manage their purchasing activities. There are lot of ERP systems available in market and are used based on their applicability to a specific industry. But it is very easy to adapt any ERP system if your basics about purchasing processes and flow is clear. So, I again suggest to take a role and learn the ERP system that particular organization is using. Additionally, SAP (www.sap.com/index.html) is used commonly for vendor and payment management, ARIBA (service.ariba.com/) for spend management, COUPA (www.coupa.com/) for tendering across industries.
To me they are too similar, as in, Category Manager is either in Strategic Sourcing or Procurement Operations, depending of how developed Procurement is within an Organization, and work to support (from a more operational side) a strategic Sourcing Manager. Am I wrong to think that?
thanks so much for this informative video there was a big debate about SRM in sourcing strategies or category management but i think this is clear now ? if you have a reference a deep explanation about Supplier relation management activities and how to implemented it on big organization it will be very fruitful to us
Category management will do RFQ RFP or only strategic sourcing will do. Technical assessment will be done by category management team only or strategic management team also do please suggest
It totally depends on the organization structure, both teams are allowed to manage RFQs. Some organizations might not have separate Strategic Sourcing teams in addition to Category Management teams. The major difference will be in the decision making approach. Strategic Sourcing might select a supplier focused on a specific project/RFQ and cost, while Category Management will consider total life cycle cost, Supplier Relationship status and future strategies of engagement with supplier.
Technical assessment will be conducted by the team who is handling the RFQ. Depending on the industry, most organizations will have Enginnering, R&D or Supplier Quality Engineers to assist with the techincal assessment of product offerings.
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very informative
Respected mam
I have recently completed my BBA and i want to know how i can become procurement manager or purchase manager what i should do and what skills i need to have please guide me for this thanks.
I would advise you to start your journey through a procurement role that helps you understand the basics of procurement like spend management, supply chain, sourcing, data analysis, negotiation etc, as these are not covered in BBA at all. Then within few years you can aim to become a Procurement Manager or Purchase Manager. People management, coaching and training skills additional to procurement expertise will be needed to fulfil your aim. So, in short start with the basics, with an aim to improvise on your domain as well as people management skills.
@@Learn2Procure thanks a lot for your valuable reply 🙏
@@Learn2Procure Mam can you please tell me what software i should learn for procurement aswell !
@@Jayeshmuluk Most of the organizations use an ERP system to manage their purchasing activities. There are lot of ERP systems available in market and are used based on their applicability to a specific industry. But it is very easy to adapt any ERP system if your basics about purchasing processes and flow is clear. So, I again suggest to take a role and learn the ERP system that particular organization is using. Additionally, SAP (www.sap.com/index.html) is used commonly for vendor and payment management, ARIBA
(service.ariba.com/) for spend management, COUPA (www.coupa.com/) for tendering across industries.
@@Learn2Procure thanks a lot 👍
To me they are too similar, as in, Category Manager is either in Strategic Sourcing or Procurement Operations, depending of how developed Procurement is within an Organization, and work to support (from a more operational side) a strategic Sourcing Manager. Am I wrong to think that?
thanks so much for this informative video there was a big debate about SRM in sourcing strategies or category management but i think this is clear now ? if you have a reference a deep explanation about Supplier relation management activities and how to implemented it on big organization it will be very fruitful to us
Category management will do RFQ RFP or only strategic sourcing will do.
Technical assessment will be done by category management team only or strategic management team also do please suggest
It totally depends on the organization structure, both teams are allowed to manage RFQs. Some organizations might not have separate Strategic Sourcing teams in addition to Category Management teams. The major difference will be in the decision making approach. Strategic Sourcing might select a supplier focused on a specific project/RFQ and cost, while Category Management will consider total life cycle cost, Supplier Relationship status and future strategies of engagement with supplier.
Technical assessment will be conducted by the team who is handling the RFQ. Depending on the industry, most organizations will have Enginnering, R&D or Supplier Quality Engineers to assist with the techincal assessment of product offerings.
@@Learn2Procure Thanks for information