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5 July 2012 | Kamalpreet Badasha
Demand for quality candidates in entry-level procurement and supply chain positions is outstripping supply, according to recruitment consultancy Badenoch & Clark (B&C).
The Professional talent spotlight – May 2012 found three key trends in procurement and supply chain.
The most significant was that multinational FMCG companies are struggling to fill entry level positions with suitable candidates in whom they can invest to “become future leaders”, said Duncan Ward, operations director for procurement & supply chain at B&C.
Neil Syred, private sector procurement and supply chain manager at B&C told SM: “For us and our clients, the main challenge is that there is a limited number of candidates available who have both the technical knowledge and behavioural qualities that we seek for junior level positions. We’re looking for the right balance of academic degree along with a progressive background showing career development in their first two or three years of work history.”
“It is a trend that is most definitely set to continue for the rest of this year,” he added.
The second trend found was the need for skilled negotiators, especially in the financial services and management consultancy sector. “Companies invest in multi-million pound divestment projects to make subsidiaries more independent, mitigating risks of potential losses affecting a group. As a result, procurement specialists are increasingly required to successfully source, as well as negotiate commercial terms of contracts,” said Ward.
The third trend is the continuing demand for planning professionals predominately in the FMCG sector. This is directly linked to a demand-driven focus in manufacturing, following a move away from plant-level production planning.
The study was based on market intelligence from job boards, data from recruitment company Adecco Group UK & Ireland and the experiences of Badenoch & Clark clients and candidates covering the time period of March to May.