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.
Severn Beach is a village on the Severn Estuary in South Gloucestershire, England. The eastern portal of the Severn Tunnel is on the outskirts of the village. The Severn footpath – on the sea wall – is part of the Severn Way that leads from Gloucester, Slimbridge and the Second Severn Crossing. Extensive sea defences have been constructed in recent years and this provides a popular walkway along its length. Originally, the Severn Way finished at Severn Beach, but it has recently been extended to Bristol. With it being right next to the M4 it makes it a very easy accessible place, with multiple main roads branching off of the main M road. In addition, Severn Beach has its own railway station too making even more accessible for people of medium-long distances.