Standard corporate processes, like 90-day payment terms and complex RFPs, can cripple small, diverse suppliers. Adapting by offering shorter payment terms and streamlined processes is essential not only for their survival but also for large companies to tap into a wider pool of creativity and diverse thought.

While technical qualifications are a baseline requirement in procurement, they are not the differentiator for success. Advanced professionals separate themselves with superior soft skills—the ability to build trust, communicate effectively, and align diverse stakeholders is what enables true strategic impact and career advancement.

An ideal procurement process identifies the most cost-effective known solution but also allows bidders to propose an innovative alternative. This alternative must be accompanied by a rigorous impact evaluation, turning procurement into a mechanism for continuous improvement rather than a static decision.

The growth role has evolved from a narrow focus on media buying to a strategic function involved in all business expansion, including new markets, sales channels, and product categories. Growth teams offer a critical viewpoint on customer spending and market trends, acting as thought partners for the entire business.

Engaging with procurement early commoditizes your solution and centers the conversation on price. Instead, sell value to the actual users and decision-makers first. By the time procurement is involved, the decision and price should already be negotiated, leaving them only to process the final transaction.

The traditional product management skillset is no longer sufficient for executive leadership. Aspiring CPOs must develop deep expertise in either the commercial aspects of the business (GTM, revenue) or the technical underpinnings of the product to provide differentiated value at the C-suite level.

Supplier sales representatives frequently change roles, creating inconsistency for the customer. The trusted advisor provides a stable, long-term relationship, acting as the constant strategic guide regardless of who represents the vendor. This is a core, often overlooked, value proposition.

Simply "servicing" an account by fulfilling orders makes you a replaceable commodity. To become indispensable, you must proactively bring insights and create new growth opportunities for your client. This shifts your role from a reactive vendor to a strategic partner, making you "sticky" and invaluable to their business.

Successful, long-term vendor relationships are built on cultural alignment and a shared vision, not the lowest bid. Intensive due diligence should focus on finding a partner who is transparent, trustworthy, and willing to innovate and grow with your organization. A mismatched culture will lead to revisiting the selection process within a year.