The Human Factor: Strategic procurement and the leaders of tomorrow

"How can procurement teams enhance their operating models to achieve optimum value? What more can they do to attract and retain the modern-day procurement professional in this increasingly technological world? How can they develop the skills and nurture this talent?" (Source: Efficio, Nov 2019)

The latest study for the Procurement Consultancy Efficio explores how a more tech-savvy, collaborative and strategically-minded future procurement workforce will ultimately require a reshape of organisational design and serve as much as a driving force of transformational change to the procurement function, as technology itself....

Efficio’s research study, ‘The Human Factor: Strategic procurement and the leaders of tomorrow’, developed in co-operation with Cranfield School of Management is now available for download (Source: Efficio Consulting, Nov 2019)
 
Among the key findings:
  • Companies believe that new technology is not supported by the right processes and skills and procurement’s approach to training needs to change
  • Having a structured training programme is vital way to upskill incumbent employees in an efficient, cost-effective manner, while also playing a key role in attracting new, highly-skilled talent
  • Technological adoption; automation and digitalisation was the number one internal factor that will have the greatest impact on a company’s procurement operating model
The study includes interviews with senior procurement professionals, case studies and tips to optimise procurement operating models and attract, retain and nurture talent in the digitalised world of procurement. As part of this research 500 respondents were interviewed, representing senior procurement professionals, such as CPO/Head of Procurement/Procurement Director level, across different sectors and split evenly across the UK, US, Germany, the Nordics and Middle East.

Download The Human Factor: Strategic procurement and the leaders of tomorrow (from Efficio, Nov 2019)
21.11.2019

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