“Procurement can be seen as a barrier to career progression… the perception is that you need to be in finance to progress because procurement reports to finance”
This quote, from the Chief Procurement Officer of one of the world’s largest mining companies, cuts straight to the core of the talent shortage in procurement. Fuelled by budget cuts, falling investment in training and an unclear development path for senior managers to the c-suite, the procurement function has found the gap in skills at all levels of the function widening.
Together, Deloitte and Odgers Berndtson have investigated the current state of the procurement function across the world, uncovering the key issues affecting CPOs.
Odgers Berndtson global study of university technology research reveals dearth of UK specialists.
With long-standing resistance to change and low productivity, the construction industry needs to...