Elite Consultancy Services ( ECS )

We are glad to have the partnership with whatfix in KSA

What are the  Big Tech Challenges in Procurement? 🔧 1. Outdated (Legacy) Systems Many companies still use old software that’s hard to update or connect with new tools. These systems slow things down and make automation difficult. 🔐 2. Data Privacy & Security Rules Procurement handles sensitive info—like supplier data and contracts. Global rules make it harder to use cloud tools or AI unless data is fully secure. 🧠 3. Lack of Digital Skills Many teams aren’t trained to use modern procurement tech. Without training, new tools don’t get used properly—or at all. ⚙️ 4. Poor Integration Between Tools Systems often don’t “talk” to each other, leading to data silos. This makes it hard to get a clear, complete view of spend or supplier risk. 🐢 5. Slow Adoption of AI and Automation Many teams want to use AI but don’t know where to start. Concerns over cost, trust, and regulation hold them back. all above needs through review including as is assessment ,Road map to end up the expected results Abdulrhman S Aldalaan CEO-ECS #digital skills #ASCM #AI procurment #5th Saudi procurement confernce #IoSCM #CIPS #ECS #PROCUREMENT SOLOUTIONS

What are the  Big Tech Challenges in Procurement? 🔧 1. Outdated (Legacy) Systems Many companies still use old software that’s hard to update or connect with new tools. These systems slow things down and make automation difficult. 🔐 2. Data Privacy & Security Rules Procurement handles sensitive info—like supplier data and contracts. Global rules make it harder to use cloud tools or AI unless data is fully secure. 🧠 3. Lack of Digital Skills Many teams aren’t trained to use modern procurement tech. Without training, new tools don’t get used properly—or at all. ⚙️ 4. Poor Integration Between Tools Systems often don’t “talk” to each other, leading to data silos. This makes it hard to get a clear, complete view of spend or supplier risk. 🐢 5. Slow Adoption of AI and Automation Many teams want to use AI but don’t know where to start. Concerns over cost, trust, and regulation hold them back. all above needs through review including as is assessment ,Road map to end up the expected results Abdulrhman S Aldalaan CEO-ECS #digital skills #ASCM #AI procurment #5th Saudi procurement confernce #IoSCM #CIPS #ECS #PROCUREMENT SOLOUTIONS

Becoming a professional buyer, often referred to as a procurement specialist or purchasing agent, involves a specific set of skills, knowledge, and practices tailored to the business environment. Here are some key steps and considerations for becoming a successful professional buyer: 1. Education and Training • Formal Education: A degree in business, supply chain management, finance, or a related field can be beneficial. • Certifications: Consider obtaining certifications such as (CIPP-IOSCM),(CIPM-IOSCM) ,(IOSCM-L2), (CIPS L2) 2. Understand the Market • Market Research: Stay informed about market trends, pricing, and supplier capabilities. • Industry Knowledge: Gain expertise in the specific industry you are working in, as different sectors have unique purchasing needs. 3. Develop Negotiation Skills • Negotiation Techniques: Learn effective negotiation strategies to secure the best prices and terms. • Relationship Building: Build strong relationships with suppliers to foster trust and collaboration. 4. Master Procurement Processes • Sourcing: Understand how to identify and evaluate potential suppliers. • Contract Management: Learn how to draft, review, and manage contracts effectively. • Inventory Management: Familiarize yourself with inventory control methods to optimize stock levels. 5. Utilize Technology • Procurement Software: Get comfortable with procurement and supply chain management software to streamline processes. • Data Analysis: Use data analytics to make informed purchasing decisions and forecast future needs. 6. Financial Acumen • Budget Management: Understand budgeting processes and how to manage procurement budgets effectively. • Cost Analysis: Learn how to analyze costs and identify areas for savings. 7. Compliance and Ethics • Regulatory Knowledge: Be aware of relevant laws and regulations that affect procurement in your industry. • Ethical Standards: Adhere to ethical purchasing practices to maintain integrity and transparency. 8. Communication Skills • Interpersonal Skills: Develop strong communication skills to interact effectively with suppliers, stakeholders, and team members. • Reporting: Be able to present procurement reports and data to management clearly and concisely. 9. Continuous Learning • Stay Updated: Keep up with industry trends, new technologies, and best practices in procurement. • Professional Development: Attend workshops, seminars, and conferences to enhance your skills and network with other professionals. 10. Experience • Entry-Level Positions: Start in entry-level procurement or purchasing roles to gain practical experience. • Mentorship: Seek mentorship from experienced buyers to learn from their insights and experiences. By focusing on these areas, you can develop the skills and knowledge necessary to excel as a professional buyer, contributing to your organization's success through effective procurement strategies. #IOSCM#CIPS#PROCUREMENT#SCM#Buyers#

Becoming a professional buyer, often referred to as a procurement specialist or purchasing agent, involves a specific set of skills, knowledge, and practices tailored to the business environment. Here are some key steps and considerations for becoming a successful professional buyer: 1. Education and Training • Formal Education: A degree in business, supply chain management, finance, or a related field can be beneficial. • Certifications: Consider obtaining certifications such as (CIPP-IOSCM),(CIPM-IOSCM) ,(IOSCM-L2), (CIPS L2) 2. Understand the Market • Market Research: Stay informed about market trends, pricing, and supplier capabilities. • Industry Knowledge: Gain expertise in the specific industry you are working in, as different sectors have unique purchasing needs. 3. Develop Negotiation Skills • Negotiation Techniques: Learn effective negotiation strategies to secure the best prices and terms. • Relationship Building: Build strong relationships with suppliers to foster trust and collaboration. 4. Master Procurement Processes • Sourcing: Understand how to identify and evaluate potential suppliers. • Contract Management: Learn how to draft, review, and manage contracts effectively. • Inventory Management: Familiarize yourself with inventory control methods to optimize stock levels. 5. Utilize Technology • Procurement Software: Get comfortable with procurement and supply chain management software to streamline processes. • Data Analysis: Use data analytics to make informed purchasing decisions and forecast future needs. 6. Financial Acumen • Budget Management: Understand budgeting processes and how to manage procurement budgets effectively. • Cost Analysis: Learn how to analyze costs and identify areas for savings. 7. Compliance and Ethics • Regulatory Knowledge: Be aware of relevant laws and regulations that affect procurement in your industry. • Ethical Standards: Adhere to ethical purchasing practices to maintain integrity and transparency. 8. Communication Skills • Interpersonal Skills: Develop strong communication skills to interact effectively with suppliers, stakeholders, and team members. • Reporting: Be able to present procurement reports and data to management clearly and concisely. 9. Continuous Learning • Stay Updated: Keep up with industry trends, new technologies, and best practices in procurement. • Professional Development: Attend workshops, seminars, and conferences to enhance your skills and network with other professionals. 10. Experience • Entry-Level Positions: Start in entry-level procurement or purchasing roles to gain practical experience. • Mentorship: Seek mentorship from experienced buyers to learn from their insights and experiences. By focusing on these areas, you can develop the skills and knowledge necessary to excel as a professional buyer, contributing to your organization's success through effective procurement strategies. #IOSCM#CIPS#PROCUREMENT#SCM#Buyers#

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@Elite Consultancy Services ( ECS ) @Elite Training Services ECS

Transformation procurement practices in engineering and construction #PIF #Aramco # SABIC # Ma’aden