Effectively upskilling your procurement and supply chain teams to see measurable results
Benjamin Franklin once said ,“An investment in knowledge always pays the best interest”.
Even though this was said over 200 years ago, modern statistics prove this founding father of the US was not wrong. Research shows that 40% of employees who don’t receive the necessary job training to become effective will leave their positions within the first year.
Leaders in the procurement and supply chain areas know that if they are to deliver and meet their strategic goals, their team's knowledge, experience, and resourcefulness has to be second to none.
The professional growth and education of your team is paramount to regularly reaching targets and is, therefore, a worthy investment.
Online training has become the go-to solution to upskilling staff, as remote teams spread all over the world can learn in unison. It's also cost-effective and easy to implement amongst businesses of all sizes. But finding the right course and teaching the right skills can be overwhelming. Information overload makes it harder to make the right decision about training your staff.
In this article, you'll see what to look and what to be aware of when choosing an online course for your team. You'll also see how each of the courses offered by the Procurement and Supply Chain Academies can help your team meet and exceed their targets.
Teach people skills relevant to their role and knowledge level
As a manager, you’re aware that each of your team members has a different role and different level of professional knowledge. Consider for a moment, the skills of operational buyers in comparison to category managers. While both roles are part of the same team, their individual skills are vastly different. Even within the same role, different people have different levels of knowledge and experience.
As a result, experienced operational buyers may not need the fundamentals of operational procurement the way that a more junior operational buyer would.
Efficient training is paramount; in other words, give your team the skills that are applicable within their role. It’s this method that ensures they only learn relevant skills, which will help them grow faster and perform better.
Make sure training is practical and easy to apply
As your staff are not students anymore but working professionals, they will not make use of the same ‘academic’ education that they received in school in their youth. Now they need practical and applicable training. Training to teach job-specific skills should be practical and based on real-life scenarios, to show the problem and deliver the solution. Learning materials should also be interactive and engaging, so your learners can easily acquire hands-on knowledge and retain that knowledge indefinitely.
The courses at our Academies are based on Cognitive Load Theory. Cognitive Load Theory uses visual cues that systematically match the audio in a way that makes it easy for the learner to retain, and therefore apply, the information presented. This form of teaching places learners into a real-life scenario, then presents a problem they will recognize and then shows the solution being implemented. This method also uses interactive exercises throughout the course to further embed the learning.
In our Academies, people can learn using many different formats such us:
You work with reports and numbers on an everyday basis, and you expect to see measurable results in your employee’s progress as well. For this reason, we have created the Report Management Center. You can easily access real-time ROI dashboards to follow the development and achievements of your employees. You can get an overview of their progression through the learning plan, including their initial, current and target competency level, which gives you insight into your employee's progress. The beauty of this tool is that it provides a leading indicator of your team’s performance!
To say that experience and education are separate entities is a half-truth - for those serious enough to undertake activities such as application-based training, relevant experience is part of being educated.
When working with Procurement or Supply Chain Academy, there’s no need for you to know precisely what things you want your employees to learn. Our experience lays not only in quality education, but connecting the right people to the proper training to meet business goals.
Procurement and Supply Chain Academies have a wide range of courses, expertly designed to help a wide range of teams get a hands-on education that’s most relevant to their business’s goals.