As the procurement function evolves, employees need a broader range of skills
Procurement employees use different skills to tackle the requirements of their jobs, from the ability to think creatively to relying on strong networks to building in-depth expertise.
These skills fall into six groupings, or competencies (see chart 1), according to CEB research.
Chart 1: The six competencies of procurement Source: CEB analysis
So which competency is most important?
It’s a trick question. Procurement teams need strong performance in all six areas to move on from the function’s traditional transactional image and succeed as a more strategic department. As chart 2 shows, all competencies have a significant effect on strategic performance.
Chart 2: Maximum impact of staff competencies on their contribution to strategic performance Source: CEB analysis
Most Procurement functions expect staff to demonstrate their facility with multiple competencies (see the competency model for a category manager from a food and beverage company in chart 3).
Chart 3: Sample competency model for a category manager from a food and beverage company (click image to enlarge) Source CEB analysis