Courses and skills
Growing number of relevant courses are available
A growing number of undergraduates are choosing to join the purchasing and supply profession upon graduation. There are now a wide variety of UK universities offering purchasing and supply related degree courses. General business degrees also often include some core elements of purchasing a supply discipline in their syllabus.
There is also our degree level professional qualification which most people study once they start work to gain the professional standard of MCIPS (Member of the Chartered Institute of Purchasing & Supply). Some University degree courses are accredited by us and graduates of accredited courses can apply for full membership once they have three years’ experience.
Transferable skills give you choice and variety of potential workplaces
One of the most beneficial things about this career is that a well-qualified purchasing professional can walk into a wide range of environments where they can use their skills to buy a whole variety of products and services.
For example, in a manufacturing environment, such as a car plant, the purchaser would be directly involved in buying components such as wheels, lights and shock absorbers as well as more general services such as advertising and marketing services. Whereas in retail some purchasers within the organisation buy goods and services for use by the company and other buyers are responsible for selecting products which are sold in the shops themselves.
The scope and choice within this profession is what makes it so diverse with no two jobs ever being the same.
Traditional purchasing skills and relationship management
In today’s strategic procurement environment, the most successful individuals combine traditional purchasing skills with good relationship management skills - listening, understanding, communicating and empathy.
Traditional purchasing skills, such as financial management, contract management, cost reduction and basic negotiation will always be fundamental to the procurement process.
The current relationship between partners (suppliers) is relatively equal in terms of the relationship. The buyer and supplier work together right from the start of the relationship to share information, training, support, technical input and ideas in order to reduce the total overall cost. At the same time the buyer also needs to work closely with internal customers to ensure their needs are met and to gain their buy-in to the process.
