The focus has clearly been on permanent recruitment across Supply Chain & Procurement, with Supplier/Vendor Risk roles being the most frequently available.
The past few months have been extremely buoyant for the recruitment of Procurement professionals, with a large proportion of job flow coming from Supplier/Vendor Risk roles and general indirects - especially in the IT space. This high level of activity can be attributed to organisations constantly looking for areas of cost savings in these times of uncertainty.
The trend we highlighted earlier this year of the increased level of permanent hiring has grown at an exponential rate over the past few months, with a 20% increase in permanent opportunities over the past three months when compared to the preceding three months. The vast majority of this has come from Banking and Financial services organisations.
As previously mentioned, Supplier/Vendor Risk was a particular area of attention and the most prominent positions have been Vendor/Supplier Risk Managers as well as Contract Management roles. In terms of highly demanded skills, any exposure to governance and controls highlighted on a professional’s CV have been key contributors to success, as have experience with strategic sourcing and clear stakeholder management.
Flexibility in terms of working patterns has been a leading request from Procurement professionals for some time now. Whether it is relaxed start and finish times or having the ability to work from home, flexible working is consistently a key benefit that organisations must now offer if they want to attract high quality applicants. One of our banking clients has taken this to the next level and offers a proportion of its workforce the opportunity to work from home every day - whilst this may not work for all organisations, it will be interesting to see what success it brings!
An integral contributor to success for job seekers across Supply Chain & Procurement is to ensure their CVs are full of figures and specific cases of your experience: savings, spend analysis, %s and £s, high spend/high risk vendors.
We anticipate the strong flow of jobs to continue and the trend of permanent hires being the preference to continue, especially with the impending IR35 changes that give contractors some serious thinking to do about how to position themselves.