In addition to a college degree, strategic sourcing professionals typically have several years of experience in procurement or supply chain management, where they have developed expertise in sourcing goods and services, negotiating contracts, and managing supplier relationships. Experience in areas such as logistics, inventory management, and project management can also be beneficial for strategic sourcing professionals, as these roles often require a comprehensive understanding of the supply chain and the ability to manage complex projects.
While a college degree and experience are generally required for strategic sourcing roles, there are some cases where candidates may be able to enter the field without a formal education. This is typically only possible for individuals with extensive experience in procurement or supply chain management, as well as a proven track record of success in sourcing goods and services. In these cases, candidates may be able to substitute their work experience for a college degree, but it is important to note that this is not a common pathway into strategic sourcing roles.
Overall, a college degree is typically required for strategic sourcing roles, as it provides a strong foundation in business and management principles. A bachelor's degree in supply chain management, business administration, or a related field is often preferred, and some employers may also require candidates to have a master's degree in business administration (MBA) or a similar advanced degree. While work experience can sometimes substitute for a college degree in this field, it is not a common pathway into strategic sourcing roles.