Top skills to look for in buying freelancers

Top skills to look for in buying freelancers

BUYING SUBCONTRACTORS

OoO TOP SKILLS BUYING FREELANCERS MUST POSSESS

1

Holistic Risk Management

While procurement professionals are already heavily involved in predicting market trends and mitigating risks based on the patterns, the approach to risk management needs to change in these unprecedented times.

Procurement teams now also need to take care of product compliance according to governance structures, study risk mitigation investments, and transfer pricing, among other things.

2

Financial acumen and negotiation skills

Businesses now need to focus on sustainability and resilience in their supply chains, which not only includes dealing with new suppliers, but also digitising the facets of the business for better access on multiple levels.Negotiation skills are indispensable in this scenario as working with multiple suppliers will be incoherently complex and can lead to higher costs if the buying subcontractor lacks financial acumen.

3

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Increase transparency and analyse KPI

Procurement practices are now more easily accessible and traceable than ever. With increasing digitisation across the board, your hired procurement subcontractors need to be proficient in using contract management technology, procurement software, and digital inventory management that will improve transparency in the company.

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As businesses continue to evolve, buying freelancers need to incorporate new skills and competencies to keep up with the processes. When procurement teams are aware of the working requirements, they can strategically position themselves to optimise their operations for the business to succeed.

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