Generally procurement has lots to do with supply chain, operation, channel management, logistics, and negotiation. Also a minor accounting and finance. you need to know the overall framework of operation and supply chain, lots of power and negotiation, as well as the concepts of economy of scale and finance, i.e. the time value of capital. Sales and inventory management are related issues that you may need to co-manage with operation manager. Teamwork skills and communication skills are constantly facilitated Also the leadership to drive success in the net of cost structure Procurement is a common background for MBA applicants. Maybe fewer than other major backgrounds like planing and business development or consulting, but still common. |