Supply chain vacancies grew by nearly 50 per cent in the third quarter of 2014 compared with the same period in 2013, new figures from recruiter Robert Walters reveal.
The numbers come from the company’s UK Job Index, which tracks vacancies as they are posted to leading boards and websites.
With supply chain vacancies up by 46 per cent, the North West and Midlands generated the largest rate of year-on-year growth, followed closely by London on 37 per cent.
Nationally, the index also shows that advertised supply chain jobs grew by 24 per cent between the second and third quarters of 2014.
Neil Morgan, manager of supply chain recruitment at Robert Walters, commented:
“These results reflect the importance of the supply chain function to improving efficiencies and laying the foundations for growth across the business. We are particularly encouraged by the focus on junior hires, a sign that organisations are seeking to grow internal talent and improve succession planning.
“A spike in business acquisitions has also fuelled supply chain recruitment, particularly across the pharmaceutical and FMCG sectors. Looking forward to 2015, we expect to see an increase in mid to lower level supply chain roles as these newly created divisions take shape, mainly to account for turnover and the creation of new positions.”
The rise in vacancies is feeding through to salary increases at more senior levels, says Morgan. “Despite the job market picking up and a shortage of supply chain candidates, typically what we find is that companies undervalue (with regards to salary) the vacancies they create, meaning they inevitably struggle to recruit suitably qualified individuals.
“Typically, when a company sees a CV it likes, it will be from an individual looking for a more senior or better remunerated role. This gives many candidates the leverage to negotiate harder, with many movers earning a 10 to 15 per cent increase in salary.”
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