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Procurement People: Careers, Leadership, People on the move, Talent Management
Articles in category: Careers
A talent shortage is plaguing businesses across various industries – and the larger the company, the greater the problem. A recent survey from InformationWeek found that 88 percent of respondents at companies with more than 1,000 employees face a skills shortage, compared to 73 percent of respondents at smaller firms.
Procurement is certainly one of those professions with a particular shortage.(Read Full Article)
If you are one of the Generation Y (born between the mid-1980s and 2000) and have ambitions to get ahead in procurement, you can expect great opportunities ahead due to the retirement of the Baby Boomers.
LinkedIn has revolutionised the way progress our careers, both when we are actively seeking a new opportunity and when we are being headhunted for our next potential career move.
LinkedIn is the first port of call for recruiters and employers when looking for the right candidate to fill an exciting new position, which makes the first line they read about you vitally important.
That first line is your headline on your LinkedIn profile, and those 120 characters can help you make the best first impression possible(Read Full Article)
A job for life is something that many people find quite scary, especially in a modern world that is characterised by freedom of movement and job flexibility. But can a career in purchasing really be a job for life?
In this guest post, Electrolux’s Gregoire Letort reflects on a career in procurement: the opportunities it presents and the skills that make for a successful procurement leader.
The Reed 2015 Salary and Market Insight report showed employers needed to consider other factors than just salaries. Procurement workers rate job satisfaction and work-life balance more highly than salary, according to a survey. The Reed 2015 Salary and Market Insight report contains results of a poll of more than 1,600 workers on their attitudes to work and career aspirations and regrets.(Read Full Article)
As we enter 2015, it's time to take an in-depth look at how to be a great procurement boss. While it may be the first time in charge for some, for others it's time to learn how to become a better leader. The current consensus is procurement job hunters today are just as selective about their next boss as they are about the organisation they want to work for.(Read Full Article)
Now is a good time to be a procurement professional. Anna Scott explains why the recruitment market for buyers is booming.
During the recession, the inevitable focus on cost cutting gave procurement the spotlight in many organisations. As the economy picks up, companies are beginning to realise that, far from only offering ways to make savings on purchases, procurement can play a strategic role in the future direction of the company.
Procurement Leaders’ recently launched salary survey delivered some insightful and troubling findings showing that despite an uptick in salaries at some levels, inequality remains a big issue.
When you look closely at salaries of practising procurement professionals by level, industry sector, geography, gender and age, it’s clear that one of the key deciding factors in earning potential is still whether the employee in question is a woman or a man.
The profession's increased involvement in wider business strategy has altered the skill set needed by those working in the function. Generally speaking this has manifested itself in a focus on skills related to relationship management and strategic thinking.(Read Full Article)
The who’s who of African procurement descended on the Premier Hotel OR Tambo on 30 October for the CIPS Pan African Procurement Awards 2014. The prestigious annual event is run by The Chartered Institute of Procurement and Supply (CIPS) and in association with State Owned Enterprise Procurement Forum (SOEPF).(Read Full Article)
Back in the days when procurement started out as a ’back-office function’, it was probably not on the average job seeker’s horizon, at least not deliberately. But this perception has changed in the last decade.
When Procurement Leaders conducted its talent research earlier this year (members can download the report here), one of the key objectives was to understand what exactly it is that attracts people to procurement as a career today. The biggest appeal factors are ’strategic impact’ and ’variety’ and the analysis also found that people recognise a career in procurement as a ’global role(Read Full Article)
The CSIR’s 10th Annual State of Logistics Survey for South Africa¹, released in May 2014, highlights progress made and areas for improvement in South African logistics. The survey’s results mirror Tech-Pro’s experiences in this increasingly specialised area of supply chain management, Tech-Pro tells SmartProcurement .
Subtitled ‘Bold Steps Forward’, the survey emphasises the growing importance of the South African logistics industry, particularly as modest economic growth continues.(Read Full Article)
Buyers should demonstrate passion for their work similar to that of entrepreneurs in order to cut costs and deliver public good, a conference was told.
Babs Omotowa, managing director and CEO of Nigeria LNG, told delegates the world faced challenges around poverty and underdevelopment and procurement professionals were well placed to “make a difference”. “Good procurement is good for people, good for society,” he said.
“The world faces huge levels of poverty, huge levels of underdevelopment.(Read Full Article)
Africa has the most youthful population in the world, with estimates suggesting young people make up 60 to 70 per cent of the total population, but too few have access to jobs. Unemployment among graduates is becoming one of the most serious problems facing youth in the continent.
One major factor contributing to graduate unemployment is the defective education system, which focuses too much on theoretical teaching. There is next-to none of the practical training needed to either be employed in the job market, or become self-employed(Read Full Article)
CIPS is pleased to announce that following a majority ‘yes vote’ amongst members on 25 June 2014 at the CIPS Annual General Meeting, we can proceed to make a formal submission to Her Majesty’s Privy Council to make agreed changes to the CIPS Charter and bye-laws. This means that CIPS can offer Chartered Procurement & Supply Professional status for suitably qualified and experienced members, and change the Institute’s name to The Chartered Institute of Procurement & Supply, once approved.(Read Full Article)
If your background includes a four-year business or science degree, you have strong technical skills and you have worked away in sub-Saharan Africa, you have a head start. Add to that, solid experience in construction or engineering, and you can speak Portuguese or French, your future is secure. If you lack any or all of these, don’t worry, just read on.A three-year business degree is a standard requirement, even for an entry-level position. Many companies support professional qualifications such as MCIPS, either instead of a degree or in addition to it. Now’s the time to get a ...(Read Full Article)
Young procurement professionals must take control of their career development and promote themselves if they are to achieve their goals, delegates at the annual Institute for Supply Management Conference heard yesterday.
Speaking as part of a panel discussion, Tania Santiago-Mirabal, indirect sourcing manager at Pfizer, said in the second year of her career - when she worked at IBM - she took “ownership” to make sure she could work on projects she was interested in.(Read Full Article)
If you have chosen a career in procurement and never looked back, why not spread the word and encourage more young people to join the profession. If you, or someone in your team is under 25 years of age and would like to share their story of how they got into procurement and why they are glad they did, then we’d like to hear from you. E-mail a Youtube or Dropbox link of your 30 second video clip to firstname.lastname@example.org by 6th Sept and if your story is chosen for our website we’ll send you ...(Read Full Article)
Our latest salary survey details the relationship between company size and wages. Interestingly, for most people, salaries are unaffected by organisational size. If the organisation annual turnover is less than €300 million, or over €10 billion, the earning of buyers or category managers remain the same. However, the difference for senior levels of management is significantly more profound. For a company spending less than €300 million, CPOs would expect to chalk up an annual salary valued at a shade below €200,000 a year. At the opposite end of the spectrum, a head of purchasing earn more than double this ...(Read Full Article)
The inaugural All About Public Procurement Awards (AAPP Awards) will take place on the 15th of August 2013 at the Emperors Palace, Johannesburg. This is an initiative of the State Owned Enterprise Procurement Forum (SOEPF) in partnership with CIPS Africa coinciding with the longstanding CIPS Annual Dinner and Awards.
Entries are invited from all Procurement and SCM officials in all tiers of the South African government and State Owned Enterprises.
As International Women's Day takes place today, professionals told SM more needs to be done to increase female representation in senior procurement roles. Robyn Wright, a principal at AT Kearney said: “Women are good buyers, great managers and excellent drivers of category management – CPO [representation is] the disappointment. “For a profession that has 50/50 intake of men and women it’s a shame that this is not the case for the top executive roles. Women are not perceived as great leaders and action needs to be taken.”(Read Full Article)
Feeling jaded with your current role in procurement? Think that the grass must be greener elsewhere? You could try your hand at procurement consulting... It’s ironic: the people who have probably done the most to scare management consultants over the last decade are joining them. But to be fair to these gamekeepers-turned-poachers, the influx of fresh thinking is revolutionising this part of the consulting industry – and may have wider implications.(Read Full Article)
Find a mentor, identify your strengths and enjoy the moment more was among the advice a panel of senior procurement professionals gave purchasers at yesterday’s CIPS Annual Conference. During a lively discussion, three top CPOs offered the audience some interesting and diverse tips on how to develop their careers.(Read Full Article)
A survey has found more than half of buyers would consider moving overseas to further their careers, with a quarter actively pursuing the opportunity. More than 60 per cent of respondents named the US as their preferred location, with Switzerland and Asia following closely behind with 53 per cent and 42.7 per cent respectively.(Read Full Article)