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.
Hemsworth is a town and civil parish on the edge of West Yorkshire, England. Historically within the West Riding of Yorkshire, it forms part of the City of Wakefield, and has a population of 13,311, increasing to 15,350 for the ward in the City of Wakefield Council at the 2011 Census. It was a one-industry town, where coal mining employed the vast majority of residents, and the closure of the pits during the 1980s led to huge levels of unemployment and deprivation in the area. Hemsworth, along with nearby villages such as Ackworth, Fitzwilliam, Havercroft, Ryhill, South Elmsall and South Kirkby was made into a special regeneration area, and fortunes have improved as a result. The Hemsworth constituency is famous for being the place where Labour votes were said to be "weighed rather than counted" during the 1960s and 1970s, but the town is not even so heavily Labour-voting as it once was. The town's Member of Parliament is Jon Trickett, a former leader of Leeds council. The A628 runs right next to Hemsworth making it easily accessible via road vehicles.