How can supplier sourcing professionals develop self-awareness?

Great points so far. I would like to add the following. Vendor Code of Conduct: Establish a vendor code of conduct outlining expectations regarding professionalism, ethical behavior, and confidentiality. Make sure vendors are aware of and agree to adhere to these standards. Maintain Professionalism in Meetings: Keep interactions during meetings professional. Avoid oversharing personal information and focus on discussing business-related matters. Avoid Conflicts of Interest: Be mindful of potential conflicts of interest. Avoid situations that could compromise objectivity, and ensure that decisions are based on business needs rather than personal relationships.

Here are some key ways supplier sourcing professionals can develop this crucial skill: Reflection and Feedback: Self-reflection: Regularly contemplate your strengths, weaknesses, biases, and emotional triggers in negotiations and interactions. Journaling about challenging situations or seeking trusted colleagues' feedback can offer valuable insights. 360-degree feedback: Participate in formal or informal 360-degree feedback processes to gather constructive criticism from colleagues, superiors, and even suppliers. Analyze this feedback with an open mind to identify areas for improvement.

I tend to begin with a personal audit of my current skill set, focusing on areas relevant to supplier sourcing. Identify which tasks I excel at and which ones present challenges. I use tools such as SWOT analysis to structure my assessment. It’s crucial to consider feedback from colleagues and clients, as they can provide an external perspective on your professional abilities. Finally, Documenting this over time can help track progress and hold yourself responsible.

Supplier sourcing pros can boost their skills by understanding emotions. They need to balance their own feelings and understand others'. Reflecting on experiences and getting feedback helps. Learning about emotional intelligence and practicing mindfulness is key. Building relationships with diverse suppliers is important too. This improves communication and decision-making.

I believe leaning to know yourself can truly enhance your professionalism. Once your realise what makes you tick, what keeps you passionate, what drives your focus you can start to realise what can make you angry, upset and frustrated. Having a good grasp of your emotions especially when working closely with others will help you learn more from them and enable you to reach your goals sooner. If your able to determine another's frustration this will help you to find solutions together.

é fundamental procurarmos feedback de outras pessoas como forma de contribuir para o nosso autoconhecimento. Devemos estar abertos para ouvir opini?es diferentes das nossas e aceitar críticas construtivas. Estas informa??es podem ajudar-nos a identificar padr?es de comportamento ou cren?as limitantes que possam estar a prejudicar-nos. Buscar novas experiências e desafios também contribui para o nosso autoconhecimento. Ao expormo-nos a situa??es desconhecidas, temos a oportunidade de descobrir as nossas habilidades, limita??es e preferências. Praticar a autorreflex?o é essencial para o autoconhecimento. Devemos reservar tempo para nos questionarmos sobre as nossas motiva??es, valores e objetivos de vida.

Self-retrospective can be a powerful tool if one is intentional and serious about its use. A tangible example of this is Mizuno's plan-do-check-act (PCDA) model, and in this instance the "check" portion specifically. When we look at things objectively, and do our best to dissociate feelings and emotions from the situation, we tend to come away with clearer conclusions which lead to better results when making future decisions. I have found this to be true on both sides of the negotiating table, both as buyer and seller.

"When you know yourself you are empowered. When you accept yourself you are invincible."–Tina Lifford For any professional – whether working in the supply chain or not – the most important thing is to know yourself. Strengths and weaknesses for sure. Of course, this can be checked with psychological tests, but in my experience you need to start looking at your actions, how you react in stressful situations, how you behave when things go wrong. If you understand your behavior, you can start working on it and turn your weakness into a strength.

Cultivate profound self-awareness by monitoring your emotions and reactions across various situations and contexts! ??♂? Embrace techniques like journaling, mindfulness, or meditation to keenly observe and reflect on your feelings, thoughts, and behaviors, understanding their impact on your decisions and actions. Through this practice, you can effectively regulate your emotions, mitigate stress, and steer clear of impulsive or biased responses. Unlock your potential for mindful leadership and personal growth today! #SelfAwareness #EmotionalIntelligence #Mindfulness ??

Pro-active planning and well in time actions, will avoid the impulsive emotion based decisions. Even while sourcing suppliers, this is important that sourcing should be done well in time and not at 11th hour. Any kind of decision in fire fighting situation will always either biased or emotion driven. Try to be pro-active.

Broaden your self-awareness horizon by actively soliciting feedback and perspectives from diverse sources! ?? Engage colleagues, managers, suppliers, and customers through surveys, interviews, or peer reviews to gather constructive insights on your performance, behavior, and influence. Embrace the opportunity to uncover blind spots, leverage strengths, and pinpoint areas for growth, learning from varied viewpoints and experiences. Embrace feedback as a catalyst for personal and professional evolution! #SelfAwareness #Feedback #ContinuousLearning ??

Great points. I will like to add the following. Set Goals: Establish clear, realistic goals for yourself. These goals can relate to both personal and professional development. Regularly assess your progress and adjust your goals as needed. Practice Mindfulness: Incorporate mindfulness practices into your routine. Techniques such as meditation or deep breathing can help you stay present and focused, improving your decision-making abilities. Embrace Continuous Learning: Stay informed about industry trends, new technologies, and best practices. Continuous learning not only enhances your skills but also keeps you adaptable and open-minded.

What are your competitors doing? Is there an approach they are taking to have stronger relationships than you are? Are you too reliant on digital communication and not engaging directly to build meaningful relationships? Is your approach too competitive/aggressive where different thinking would get better results?

Profissionais de sourcing podem desenvolver autoconhecimento ao: 1. **Refletir sobre experiências passadas:** Avaliar sucessos e desafios para entender habilidades e áreas de melhoria. 2. **Buscar feedback:** Obter feedback de colegas e superiores proporciona insights valiosos. 3. **Participar de treinamentos:** Investir em cursos e workshops para aprimorar habilidades específicas. 4. **Networking:** Conectar-se com outros profissionais da área para trocar experiências e conhecimentos. 5. **Autoavalia??o regular:** Avaliar competências, interesses e metas regularmente para adaptar estratégias de desenvolvimento.

"Chop you own wood and it will warm you twice" Henry Ford. Always keep the learning cycle open and keep doing experiments. Don't limit your self on certain numbers of supplier. Always dig out new tasks and new KPIs in order to achieve more.

Encourage ongoing learning and professional development initiatives focused on sourcing best practices, negotiation techniques, market trends, and industry developments. By staying informed and up-to-date, professionals can adapt to changing dynamics and enhance their effectiveness in supplier sourcing roles.

In the process of reviewing what went well, what didn't, what I should repeat and what I shouldn't I ask myself about where my role began and ended in each assessment.

Refine your self-awareness journey by continuously reviewing and adapting your goals, plans, and actions! ?? Utilize tools like SMART goals, action plans, or KPIs to gauge and assess your progress, accomplishments, and hurdles. Celebrate victories, conquer challenges, and embrace changes or enhancements based on insights gleaned from assessment, monitoring, feedback, and learning. Stay agile, focused, and aligned with your aspirations for sustained growth and success! #SelfAwareness #GoalSetting #ContinuousImprovement ??

Developing self-awareness in supplier sourcing requires some of the below initiatives: Reflect on strengths and weaknesses. Actively seek feedback for insights. Regularly assess technical and soft skills. Stay informed about industry trends. Cultivate emotional intelligence for effective communication. Engage in professional networking for diverse perspectives. Hone conflict resolution skills. Develop cultural sensitivity for global business understanding. Align personal and professional goals. Seek mentorship for guidance and insights.

1- Always follow the professional & moral values. 2- Should be well informed about industry trends. 3- keep yourself updated with the market and try to adopt changes. 4- Always get feedback about yourself & your style of working after working with suppliers. 5- Always be open for positive criticism & try your best to overcome your weakness.

At first glance, this question seems foolish. Self awareness is required for all. On second thought, I'm reminded of buyers who enter sourcing exercises with a false sense of bravado. It could be because the buyer comes from a technical background, or has been a high-flier from another department, or is just a honey-badger of sorts. They come in with an urgent need to prove themselves right. Unfortunately, they often fail to assess the full scope of sourcing as well their own strengths and limitations. Usually, they get confused when things don't go their way, sulk a bit, sober up and sometimes stick around to do great things. If people don't underestimate sourcing and come better prepared, I believe we would be richer as a community.

I always recommend the Appraisal Procedure as it will give the opportunity, specially to understand the weaknesses and to work on it.

need to analyze first what kind of relationship to establish, whether collaborative or competitive. apply relationship spectrum based on the nature of relationships. Place the suppliers into kraljic matrix and supplier preference matrix and then create a supplier base. need to develop supplier based on the business entity requirements.

Have the courage to actively seek feedback from your line manager, peers and stakeholders, otherwise you're always marking your own homework.

I had a period of time where I was the Head of Business Development and would regularly meet with procurement professionals (the side of the desk I was usually on) It is very interesting to see the world form the other side and one thing that it made me realise, is how easy it is to be dismissed by procurement despite knowing that you are a great provider with close alignment because the procurement person was not a professional but just someone in the role. This can lead to a deterioration in the industry for all parties.