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Here's how you can remain relevant in the Supplier Sourcing industry after a layoff.

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Being laid off can be a daunting experience, especially in the supplier sourcing industry where competition is fierce and the landscape is always evolving. However, it's crucial to see this period as an opportunity to enhance your skills, expand your network, and stay ahead of industry trends. By proactively taking steps to remain relevant, you can turn a layoff into a launching pad for your next career move. Whether it's through continuous learning, strategic networking, or personal branding, there are multiple ways to maintain your edge in the supplier sourcing field.

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Kiran Mudigonda

Managing Partner and COO at Vaiticka Solution.

1 Upskill Now

In the ever-evolving world of supplier sourcing, staying updated with the latest industry practices is essential. Consider enrolling in online courses or obtaining certifications that are recognized in the industry. This not only broadens your knowledge base but also showcases your commitment to professional development. Areas such as strategic sourcing, supply chain management, and procurement analytics are particularly valuable. By upskilling, you signal to potential employers that you are proactive and ready to contribute to their success.

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Jaala Ni?a Racho

Talent Acquisition; Executive Search; Strategic Headhunter; Fostering Connections for Career Growth and Success
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Continuous Learning. Invest in expanding your skills, whether it’s through online courses, certifications, or workshops. Do not stop learning because that will be your edge.

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Lambo Zou

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Network: Reconnect with industry contacts and attend sourcing events to remain visible. Upskill: Take courses to stay current with sourcing trends and tools. Consult: Offer your expertise as a freelance consultant. Online Presence: Contribute to industry forums and social media to showcase your knowledge. Certifications: Obtain relevant professional certifications. Market Research: Stay informed about industry changes and emerging markets. Adaptability: Embrace new sourcing methods, such as sustainable or technological innovations. Stay proactive, continue learning, and maintain a strong network to remain relevant in the industry post-layoff.

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2 Network Smart

Networking is a powerful tool in the supplier sourcing industry. Use your time after a layoff to reconnect with former colleagues, join professional associations, and attend industry events, even if they're virtual. Engaging with peers can lead to new opportunities and insights into emerging industry trends. Remember, it's not just about expanding your contact list; it's about fostering meaningful relationships that can provide support and open doors in the future.

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Jaala Ni?a Racho

Talent Acquisition; Executive Search; Strategic Headhunter; Fostering Connections for Career Growth and Success
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Networking. Maintain and expand your professional network both online (LinkedIns and other industry forums), take advantage of the free seminars and get to know, and offline (conferences, meetups, rotaries and clubs).

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3 Brand Yourself

Personal branding is critical in setting yourself apart in the supplier sourcing industry. Start by updating your LinkedIn profile with recent achievements and skills. Contribute to industry discussions and write articles that showcase your expertise. This not only enhances your visibility but also establishes you as a thought leader in your field. A strong personal brand will make you more attractive to recruiters and hiring managers looking for top talent.

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Jaala Ni?a Racho

Talent Acquisition; Executive Search; Strategic Headhunter; Fostering Connections for Career Growth and Success
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Personal branding. Showcase your expertise through blogging, vlogging, speaking engagements, or contributing to industry publications.

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4 Embrace Flexibility

The supplier sourcing landscape is dynamic, and flexibility can be a significant asset. Be open to contract roles, part-time work, or project-based opportunities. These positions can provide you with valuable experience, keep your skills sharp, and expand your professional network. Moreover, they can often lead to permanent roles. Embracing flexibility demonstrates adaptability, a trait highly prized in the supplier sourcing industry.

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Jaala Ni?a Racho

Talent Acquisition; Executive Search; Strategic Headhunter; Fostering Connections for Career Growth and Success
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Be also open to exploring new roles or industries that you can utilize and enhance your skills, and experience in supplier sourcing.

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5 Stay Informed

Keeping abreast of industry news, market developments, and technological advancements is crucial to remain relevant in supplier sourcing. Subscribe to trade publications, follow thought leaders on social media, and participate in webinars. This continuous learning approach ensures you are always prepared to discuss the latest trends and innovations during interviews or networking events, showcasing your dedication to the industry.

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Jaala Ni?a Racho

Talent Acquisition; Executive Search; Strategic Headhunter; Fostering Connections for Career Growth and Success
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Staying informed so you can keep up with the industry trends, market shifts, and the new fast evolving technologies impacting supplier sourcing.

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6 Volunteer Wisely

Volunteering can be an excellent way to gain experience, especially in areas where you may want to enhance your expertise. Look for volunteer opportunities with professional organizations or non-profits that align with supplier sourcing. This not only adds valuable experience to your resume but also demonstrates your commitment to the industry and willingness to go the extra mile even during challenging times.

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Kiran Mudigonda

Managing Partner and COO at Vaiticka Solution.
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The advantages of volunteering wisely are multifaceted and have a positive impact on both the individual and the community. Personal and Professional Growth. Volunteering allows individuals to gain new skills and insights, fostering personal and professional growth. Community Impact: Volunteering allows individuals to connect with their community and make it a better place. Even small tasks can make a real difference in the lives of people, animals, and organizations in need. Cost Savings for Nonprofits: For nonprofit organizations, volunteers can help save money and increase donations. Creating volunteer opportunities within an organization can save thousands of dollars that would otherwise be spent on full-time or part-time employees.

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Chandra H.

|| Sourcing & Procurement | S2P Transformation | Quality Assurance | Incident Response || 6σ Black Belt | CPCM | CCMC | CPPP | SRMP-R || Ex-DuPont | Ex-Bharti Airtel ||
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To stay relevant in Supplier Sourcing after a layoff, volunteering for strategic projects not only keeps you engaged but also demonstrates your commitment to professional growth, potentially leading to new opportunities and expanded networks.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Here's how you can remain relevant in the Supplier Sourcing industry after a layoff.

1

2

3

4

5

6

7

1 Upskill Now

2 Network Smart

3 Brand Yourself

4 Embrace Flexibility

5 Stay Informed

6 Volunteer Wisely

7 Here’s what else to consider

Supplier Sourcing

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Here's how you can remain relevant in the Supplier Sourcing industry after a layoff.

1

2

3

4

5

6

7

1 Upskill Now

2 Network Smart

3 Brand Yourself

4 Embrace Flexibility

5 Stay Informed

6 Volunteer Wisely

7 Here’s what else to consider

Supplier Sourcing

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