Purchasing and Purchasing Operations in the Supply Chain (Essay Sample)
Discuss what your understanding of the typical purchasing professional's job entailed prior to reading the first two chapters.
Discuss some of the skills you learned from the chapter readings that are required for a successful purchasing professional and explain why.
Purchasing and Purchasing Operations in the Supply Chain
Purchasing professional job entails buying the best quality services, goods, and equipment at competitive prices for the organization or company so that it operates or runs smoothly. These professionals work in a wide scoop of sectors in various organizations and sometimes on a worldwide scale. They normally oversee procurement and purchase management. Some of the responsibilities of these professionals are stated below. They forecast the products’ and services’ demand levels. They constantly check the levels of the stock. To ascertain the best suppliers regarding quality, delivery, and value, these professionals fully indulge themselves in research. They liaise between manufacturers, suppliers, customers and internal departments that are relevant. They are responsible for processing payments and invoices as well as keeping a good relationship with the suppliers.
Generally, purchasing professional can help the organization to save cash and make profits through networking, effective negotiations and dealing with numbers. They are also responsible for such factors such as ethical issues, sustainability and risk management. Purchasing professionals need to have exclusive but effective skills to keep the supply chain of the organization at par. They need to have very strong and effective communication skills. Through this, they can effectively negotiate the prices to purchase products at very competitive prices. The profession requires strong analytical skills. This helps when dealing with numbers to analyze the demand levels of certain products and services to make the best decisions (So...
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