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.
Leighton Buzzard is a market town in Bedfordshire, England, near the Chiltern Hills and lying between Aylesbury, Tring, Dunstable and Milton Keynes. Located 36 miles northwest from Central London, the town is linked to the capital by the Grand Union Canal and the West Coast Main Line to London Euston. Situated on the River Ouzel, in the southwest of the county and close to the Buckinghamshire border, it adjoins Linslade and the name Leighton Linslade is sometimes used to refer to the combination of the two towns; parts of this article also apply to Linslade as well as Leedon. For local government purposes, the town is part of the Central Bedfordshire district and is administered jointly with Linslade as the civil parish of Leighton-Linslade. Leighton Buzzard has undergone significant growth in recent years, and is now a significant commuter town within the London commuter belt, listed as the 32nd largest commuter town according to the 2011 census. Since 2011, it is likely that this trend has continued due to good transport links.