https://cporising.com/2014/05/29/skills-for-the-modern-procurement-pro-operational-procurement/?utm_source=rss&utm_medium=rss&utm_campaign=skills-for-the-modern-procurement-pro-operational-procurement Analyst-led research and intelligence for the procurement community. Sat, 13 Jul 2024 01:08:30 +0000 hourly 1 https://cporising.com/2014/05/29/skills-for-the-modern-procurement-pro-operational-procurement/comment-page-1/#comment-452 Sat, 06 Feb 2016 10:45:17 +0000 https://cporising.com/?p=13548#comment-452 […] Operational Procurement generally means processing purchase orders and managing them with both the supplier and the internal stakeholder whose need is being fulfilled. It’s the engine driving the procurement train. While operational procurement isn’t the most strategic area within a procurement department, it can be its most visible, with direct connections to many enterprise employees (requisitioners and approvers). Operational procurement is important to master early in your career so that you can be promoted out of this area in the future. At the procurement executive level, it is important to understand this process to ensure that process efficiencies and compliance rates are maximized. Despite the fact that CPOs gave it a fairly average score, operational procurement skills were the second-highest rated in this series. One obvious way to improve them is to expand your definition of “operational procurement” to include accounts payable. Mastering “P2P” puts you in better position for the future of transactional procurement than knowing just one of the “Ps”. […]

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