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Home » Half of Employers Are Struggling to Find Procurement Talent, Report Says

Half of Employers Are Struggling to Find Procurement Talent, Report Says

April 27, 2018
Supply Management

This is an increase from last year’s report, when 51 percent of employers said they were struggling to find talent.

“Skills shortages remain prevalent,” said Scott Dance, procurement engagement director at Hays. “Most industries are going through a skills short market.”

The top challenge for recruitment was lack of sector skills and experience, cited by 47 percent, and budget restraints, cited by 47 percent. Candidate salary expectations were a barrier for 40 percent, lack of technical skills for 32 percent and organisational fit for 27 percent.

Dance said employers should be careful not to “pigeonhole themselves” by only accepting applications from candidates who had already worked in their sector. “This makes it harder and really shrinks the talent pool. I see companies being more successful where they are more open minded and looking for transferable skills.

According to the survey of more than 4,000 procurement and supply professionals, 60 percent of managers are expecting to hire in the next 12 months, down from 70 percent in 2017.

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KEYWORDS Aerospace & Defense All Warehouse Services Apparel Automotive Chemicals & Energy consumer packaged goods E-Commerce/Omni-Channel Education & Professional Development Food and Beverage Global Supply Chain Management healthcare High-Tech/Electronics HR & Labor Management Industrial Manufacturing Pharmaceutical/Biotech Retail SC Planning & Optimization Sourcing/Procurement/SCM Supply Chain Visibility Technology
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