You will need:
- Strong leadership skills
- Team player at executive levels to collaborate with business units and functional partners like IT, finance, HR, legal, etc. The biggest reason for CPOs not staying long at a firm is due to culture
- Solid operational management and general business skills and savvy
- Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc.
- Industry knowledge in terms of broad industry dynamics on the buy-side (and the sell-side), but also the internal knowledge and “language of the business”
- Excellent communication skills and even better listening skills that allows the CPO to get the “voice of the internal customer” and to understand the company culture and how to best communicate procurement’s value to it
- Ability to “sell” procurement’s value and to run procurement as a services business like any other well-run professional services business
- In-depth knowledge of sourcing and procurement principles and best practices, but doesn’t have to come from within the procurement ranks
- Strong negotiation skills to use for large commercial deals
- Familiarity with relevant legislative and regulatory requirements, as well as understanding of standard contractual terms and conditions to mitigate legal risk
- Strategic Analytical mindset and problem-solving skills
- Change management skills and self awareness to take varying approaches with a dynamic set of stakeholders (e.g., expert model vs. facilitative model)
- Knowledge of enterprise risk management and business continuity planning
At least a Bachelor's degree in supply chain management, economics, finance, operations, engineering or a related area, with a Master's degree preferred.
Bradley Stoke is a town in South Gloucestershire, England, situated on the north side of the city of Bristol, 6 miles (10 kilometres) northeast of Bristol city centre and 103 miles (166 km) due west of London. Not far from the Severn Estuary of the Bristol Channel, Bradley Stoke is bordered by three motorways; the M5 to the north, the M4 to the east and the M32 to the south. Planned in the 1970s, building began in 1987. Bradley Stoke was Europe's largest new town built with private investment and was named after the local Bradley Brook and Stoke Brook streams. The Willow Brook Centre, Bradley Stoke's town centre and shopping hub, has more than six million visitors every year. The town is predominantly residential but was planned on a self-standing basis with retail, leisure and commercial areas in the North, South and Central areas, and various business parks on the outskirts of the town.