I think from a procurement perspective, there are two main trends that we are focusing on at the moment and that tends to be in the IT, infrastructure and CAPEX spaces.
Why is that?
I think it’s purely down to this as an investment year for a lot of organisations that had probably halted activity over the last 18 months.
So, it comes as no surprise that people are investing in technology, particularly in the SAAS area, as well as infrastructure and big CAPEX programmes as the market starts to return.
Challenges around this, I guess, would be that there is a talent shortage across the board for procurement at the moment, particularly with IT, CAPEX and infrastructure.
They are niche skill sets that would have been garnered over a number of years and I think as a result the market hasn’t necessarily moved with that in terms of salary expectations.
So, I think the biggest challenge for us is finding and sourcing the right talent that has the skillset that clients are looking for but then also making sure that the salary is commensurate with the market rate.
It’s basic supply and demand.
If a skill set is in demand, clearly candidates will make the move but at the right price, so that’s the main trend at the moment.
I think if you are a candidate and looking to make the move, now is the best time.
I think in September we’ll see an influx of candidates enter the market as businesses show their hand about what their working model or hybrid working model might look like.
I think now is a really good time to enter the market.
And if you are an organisation that’s looking to hire any procurement professionals, please do get in touch as Procurement Heads will be able to help support you and find a solution outside of potentially a traditional recruitment process.
