Perspective
Newsletter

If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...

Read more

Corporate procurement efforts 'inhibited by skills gap'

29 July 2011

New research has indicated that many chief procurement officers (CPOs) believe the work of their purchasing departments is being hampered by a skills gap.

The study by advisory firm Ardent Partners found that 65 per cent of CPOs feel the skill levels of employees in this area "need improvement", Supply Management reports.

Entitled CPO Rising 2011, the survey polled more than 200 CPOs around the world and revealed that 11 per cent of executives identified a "significant gap" in procurement expertise within their teams.

Ardent Partners, which rated key competencies such as contract management and data analysis in the report, said the typical purchasing department appears to possess "a very middle-of-the-road set of skills".

"For the average department, opportunities for improvement abound," the study concluded.

Last month, Aberdeen Group published a research paper entitled The Year of the Supplier, in which it emphasised the need for innovative procurement strategies with the scope to improve performance and reduce supply chain risks.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits. www.odgersinterim.com


Categories: Commercial

Comments