Manufacturing Industry

Purchasing in the future will require higher skill levels.

Purchasing, December, 1997 by Koumantzelis, Christina

Changing business practices have altered the traditional roles of purchasing professionals. No longer are they simply cost cutters, but true profit centers that are key to company success. As purchasing evolves from a tactical transaction-based process into a strategic function with a strong focus on supply chain management, the strictly entry-level buyer position is becoming obsolete.

Purchasing pros are now required to have a broader skill base and an in-depth knowledge of the supply chain, how it works and how its value can be maximized. Education and skills development are crucial components to a successful future in purchasing. One way to get the training required is through university education programs where aspiring buyers can learn skills...

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