Edbury Daley Q2 Procurement Recruitment Market Trends Report – Now Available to Download

edburydaleyEdbury Daley, international procurement recruitment specialists, has released its most recent quarterly analysis of the employment market for the procurement profession. With more than 35 years’ experience in procurement recruitment, the firm has witnessed many recruitment market trends, and along with its understanding of the market dynamics, it is well positioned to inspect, analyse and forecast the latest market trends and what they mean for procurement practitioners and anyone looking to enter or with an interest in the industry.

The report covers Edbury Daley’s specialist markets: direct and indirect spend, procurement consultancy, spend management technology and the associated interim markets, and gives individual commentary on each. The 2Q Quarterly Market Update 2015 is available free to download, but before you do, here are some highlights:

General observations:

  • uncertainty over the results of the general election led to delayed hiring decisions with positions pulled or postponed.
  • businesses which still hired enjoyed the benefit of a window of opportunity whereby the strongest candidates briefly had slightly fewer potential career moves to choose from.
  • the candidate market proved too competitive for those recruiters unable to adapt to changing conditions, and many still have unfilled vacancies.
  • the overall picture remains that the very best performers in procurement are hard to attract away from their existing employers.

Spend Management:

  • the second quarter of 2015 has seen strong market growth, in contrast to the rest of the market.
  • demand for people with proven skills in systems implementation, transformation consultancy, project leadership and business development has grown.
  • key areas of activity are in P2P, e Sourcing, analytics and contract management technology.

Consultancies:

  • most consultancies are still recruiting but not at the rate anticipated or merely to cover leavers or to backfill promotions.
  • an increasing trend is the shortage of junior-level consultancy candidates with 2-3 years’ experience.
  • good junior people with 2-4 years’ experience are commanding a very high base salary for a move to another consultancy.

Direct Spend:

  • the market has remained relatively steady throughout the first half of 2015 with good roles in specialist areas like raw materials, ingredients and packaging.
  • skills in forecasting and supply chain optimisation are becoming increasingly important, experience of implementing or improving procurement and supply chain software or p2p systems is now the baseline.
  • knowledge of Asia/Pac and Latin American regions is increasingly at a premium.

Senior Management:

  • few high-level moves have resulted in a relatively stagnant market.
  • when roles are available there is an ‘oversupply’ resulting in an intense competition.
  • expectations of the skill sets are being raised.

Interim:

  • the volume of interim roles has declined this quarter
  • category trend is still that over half of the demand is for IT procurement.
  • there is now a closer watch on overall costs which manifests itself in shorter contracts.

The report analyses the trends in depth and gives first-hand experience of Edbury Daley’s experts to support the findings. It concludes by offering advice on what this all means for procurement today and offers lessons for both departmental leaders, like CPOs, and business leaders in the procurement services market.

And if  you wish to discuss sector-specific salary data,  or innovations in talent sourcing, Edbury Daley is happy to help, contact andrew@edburydaley.com   And the report is free to download here.

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