Global Procurement Strategies
Global Procurement Strategies is the ability to design, implement and manage strategies for procuring goods and services from international markets, addressing challenges like supplier diversity, regulatory compliance, sustainability, risk mitigation and cost efficiency in a global context.
Level 1: Emerging
At an emerging level, you are beginning to understand international procurement processes, demonstrating basic knowledge of global supply chains, sourcing techniques, and managing supplier relationships worldwide.
Level 2: Proficient
At a proficient level you are adept at developing and implementing global procurement strategies to optimize costs, lead times, and supplier relationships, resulting in efficient and effective procurement processes.
Level 3: Advanced
At an advanced level, you are able to develop and implement innovative global procurement strategies that optimize cost savings, mitigate risks, and enhance stakeholder relationships within a complex organizational environment.
