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Procurement Organization World Class Procurement Roles, Organisational Design, Competencies, Training, Compensation.

View Poll Results: Do you think procucurement professionals are remunerated fairly?
Yes - Absolutely! 1 1.56%
Yes - Depending on the role played (More strategic roles are adequately rewarded) 25 39.06%
Not sure 15 23.44%
No - But has improved lately 19 29.69%
Not at all! 4 6.25%
Voters: 64. You may not vote on this poll as an unregistered user. To vote on this poll, search the forum and post questions, please register on the Procurementtips.com home page. If you are already registered you may have to log in first.

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  #11  
Old 10-06-2006, 09:01 AM
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Default Re: Procurement salaries: Role vs Industry vs Qualification vs Country

Yes these packages are TCC. Salaries often have nothing to do with experience - but rather with how creative the individual is in terms of being able to drive down TCO.
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  #12  
Old 10-06-2006, 09:59 AM
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Default Re: Procurement salaries: Role vs Industry vs Qualification vs Country

QUESTION: I am currently employed as a buying clerk in our company. I have recently completed my National Diploma in Purchase Management and passed cum laude with a 92% pass. I also received a merit award for top student - I'm currently studying Strategic Logistics Management through Damelin.

I would like to know what a recognised qualification within the industry is? Do i need to get a degree before i can specialize in the procurement field? I have realised that my passion is within procurement and it is a field that i could sink my teeth in.

I would like to become accredited as well - what are the next steps? My current employer has acknowledged my ability but because of the hierarchical
structure there is alot of red-tape...I would appreciate any comments...
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  #13  
Old 10-06-2006, 10:07 AM
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Default Re: Procurement salaries: Role vs Industry vs Qualification vs Country

You need to get yourself registered with IPSA (Institute of Procurement and Supplly Association) They are internationally recognised. Their qualifications are based on UNISA BCOM degree - go and have a look on www.ipsa.co.za.
To get to the top of the ladder you need a degree or the IPSA qualification and lots of experience. Never stop developing yourself.
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  #14  
Old 10-06-2006, 11:00 AM
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Default Re: Procurement salaries: Role vs Industry vs Qualification vs Country

Graham

Procurement is now recognized as a profession and there a number of organizations around the world providing specialist training. Central and core would be what Naomi referred to as well as the following:

1. Membership to SAPICS - The Association for Operations Management of Southern Africa (e-mail: mail@sapics.org.za)

2. APICS Certified Supply Chain Professional, visit www.apics.org and about the CSCP exam email to: cscpexam@apicshq.org. This is the certification you need to be recognized as a true Supply Chain Professional. There are mandatory requirements though.

3. UNISA has the Certificate programme called Advanced Sourcing and Supply Chain Management of which the credits can be used for the Bcom specializing in Strategic Supply Management which is I think a 3-years degree course.

Supply Chain disciplines comprises the following key technical areas:

- Procurement
- Inventory
- Logistics
- Content
- Systems
- Repair control

An additional means of keeping your technical knowledge and expertise up to date would be to regularly view up to date publications and journals covering the above-mentioned fields.

Journals and Publications - Inside Supply Management, Procurement Professional, Supply Management, Journal of Enterprise Resource Management and Journal of Supply Chain Management. If you run a checklist on www.refdesk.com or www.altavista.com it should bring up these journals.

The International Chamber of Commerce based in Paris, France has a number of good guides in terms of the Terms of Sale (Incoterms) for international business across frontiers as well specific publications on Arbitration, Dispute Resolution and Commercial Contracts, so too does the International Trade Center based in Geneve, Switzerland.
Websites:

- www.cips.org (Chartered Institute of Purchasing and Supply [CIPS]
- www.ism.ws (Institute of Supply Management)
- www.capsresearch.org (Center for Advanced Purchasing Studies)
- www.apics.org (American Production and Inventory Control Society)
- www.ifpmm.org (International Federation of Purchasing and Materials Management
- www.cipsa.com.au (Chartered Institute of Purchasing and Supply Australia)
- www.ipsera.com (International Purchasing and Supply Research Association)

Recommended reading:

- Total Materials Management by Eugene L. Magad, John M. Amos
- Effective Negotiating by Dr. Chester L. Karras
- Understanding Financial Statements by Errol C. Velleman
- Business Logistics Management by Ronald H. Ballou
- Management Business Logistics by John C. Coyle, Edward J. Bardi, C. John Langley
- Strategic Purchasing & Supply Chain Management by Malcolm Saunders
- Contract Law for Decisionmakers by Jurgerns Bekker - Center Africa


Having said that, a good dose of practical experience in the key disciplines is imperative because technical areas 2 - 5 underpins technical area 1. There are no substitutes.

Hope you find this insightful and will help you to prepare your career in Supply Chain Management.
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  #15  
Old 10-10-2006, 07:30 PM
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Default Re: Procurement salaries: Role vs Industry vs Qualification vs Country

Thanks Omao, Excellent post!
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  #16  
Old 10-11-2006, 01:58 AM
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Default Re: Procurement salaries: Role vs Industry vs Qualification vs Country

A few posts lament the fact that procurement is not recognised as strategic in their organisations.

Procurement has to earn the right to be strategic!

See my thoughts on this at http://www.procurementtips.com/forumdisplay.php?f=2
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  #17  
Old 09-05-2007, 06:32 PM
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Default Re: Procurement salaries: Role vs Industry vs Qualification vs Country

Quote:
Originally Posted by bernievn View Post
What do procurement profesionals get paid?
3. Based on qualification.
If at present based in UK, it seems to me that in order to get a decent job you would need a CIPS qualification.

As this is quite a bit money to invest to my 'third academic degree' (I have two batchelor degrees already in Marketing and Communications) I would like to know if this qualification is worth of the money spent if I were to think of relocating in the future?

Does the CIPS qualification have much recognition abroad? Or is this just something that the local industries recognise?

The CIPS website is trying to raise the knowledge of the professionals, and the standards of procurement, but is attending their approved training REALLY the only way to get decent jobs in future?

Last edited by The Finn : 09-05-2007 at 06:35 PM. Reason: addition to the text to explain more
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