Risk management puts marketing procurement professionals top of the list

21 May 2013

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21 May 2013 | Rebecca Ellinor

Risk management strategies are boosting demand for marketing procurement professionals, according to the latest report on trends from recruitment consultancy Badenoch & Clark.

In April’s Talent Spotlight, Duncan Ward, operations director for procurement and supply chain at the company, says: “Marketing procurement professionals remain in high demand, as businesses recognise a need to invest in this function to remedy any risks involved with brand exposure as part of their risk management strategy.”

As reported by SM in April, marketers want buyers to play a more strategic role to help them reduce costs, review terms and conditions and improve the general procurement process.

The recruitment report said there was also demand for those with experience of third party logistics. “The retail sector is drawing on the knowledge and international capability of third party logistics (3PL) to carry out their international logistics strategy, making professionals with experience of working closely with 3PL highly sought after.”

The review also stated a likely rise in data analytics professionals to assist procurement and supply chain teams is to be expected. Ward added: “As manufacturers recognise the need for better service levels and mass customisation, there’s a renewed focus on postponement techniques and data analytics to drive more effective customer insights and ‘smarter’ fulfilment.”

In terms of positions and remuneration, the study found permanent salaries were down 12.8 per cent year on year and permanent vacancies had gone up by 4.1 per cent. As reported by SM, recent annual salary surveys have been more positive. The latest CIPS/Croner Purchasing and Supply Rewards salary survey found buyer wages rose by an average of 2 per cent in 2012 and 43 per cent of purchasers anticipate a pay rise of at least 3 per cent this year.

And ‘cautious optimism’ sums up Michael Page Procurement & Supply Chain’s second annual study into salaries. The latest Guide to Salaries was based on data from the recruitment company’s new registrations and placements made across the country from April 2012 to March 2013.

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