Upgrade Your Career: Procurement & Supply Chain In High Demand

The job market is ever-changing, and it is important for professionals to stay updated with the latest trends and opportunities to ensure career growth. One field that has seen a significant rise in demand and salaries is procurement and supply chain. In 2023, businesses require agile leaders to stabilize and develop supply chains, and procurement and supply chain professionals are in high demand.

Upgrading a procurement and supply chain career can be an intelligent move for professionals looking for growth opportunities. With salaries spiking across all levels of job roles, candidates can command a 10-20% or more salary increase. Additionally, the field offers new opportunities in the change and transformation space, the rise in demand for entry-level and graduate candidates, and exciting greenfield roles available for procurement professionals.

In this article, we will explore the reasons why upgrading a career in procurement and supply chain is a smart move in 2023, the opportunities available, and the benefits of working within Procurement.

Key Takeaways

• Procurement and supply chain professionals are highly sought after and contribute significantly to company growth.
• Salaries for procurement and supply chain roles have increased across all levels, with some positions in London seeing up to an 8% increase since 2020.
• Candidates can expect a 10-20% or more salary increase, as well as improved benefits and hybrid working policies.
• The demand for procurement and supply chain roles has spiked, with a 15% increase since 2020, and there are new opportunities in the change and transformation space, as well as in greenfield roles for SME businesses in London.

Reasons to Switch

The surge in demand for procurement and supply chain professionals is further bolstered by several reasons, including increased salaries, greater job stability, and new opportunities in the change and transformation space. With the COVID-19 pandemic wreaking havoc on global supply chains, companies increasingly recognize the importance of skilled procurement and supply chain professionals who can help stabilize and develop their supply chains. As a result, procurement and supply chain professionals are now seen as major contributors to company growth, with many companies investing heavily in these roles.

Apart from job stability and growth opportunities, industry trends also significantly drive the demand for procurement and supply chain professionals. Greenfield roles are emerging as an exciting opportunity for procurement professionals, with a massive 25% increase in such roles for SME businesses in London.

Additionally, the interim market is back to growth, providing new opportunities for professionals who prefer short-term contracts. It’s an exciting time to be in procurement and supply chain, with new technologies and trends emerging, and companies increasingly recognizing the strategic importance of these roles.

Opportunities Available

Procurement and supply chain opportunities include greenfield roles, change and transformation positions, and interim market growth.

Greenfield roles offer an exciting opportunity for procurement professionals, with a huge 25% increase in greenfield roles for SME businesses in London. These roles involve setting up a procurement function from scratch, which can be an attractive challenge for those looking for career growth and development.

Change and transformation roles are also on the rise, as businesses require agile leaders to stabilize and develop supply chains in the face of disruption.

Interim market growth is another avenue for procurement professionals, as companies seek short-term solutions to manage their supply chains.

Salary trends in the procurement and supply chain field are also on the rise, with candidates able to command a 10-20% or more salary increase. This is particularly true for entry-level and graduate candidates, who are seeing big increases in starting pay.

Salaries for procurement and supply chain roles in London have seen increases of up to 8% since 2020. Additionally, many clients are improving their benefits and hybrid working policies, which can further boost the attractiveness of these roles.

Overall, procurement and supply chain offer a range of exciting opportunities for career growth and salary advancement.

Benefits of Working with Phycomex

Working with a procurement consultant like Phycomex can provide access to a trusted source of procurement and supply management knowledge, insights, and opinions. Phycomex is a specialist consultancy for procuring and supplying energy market data and intelligence services. They offer expertise that can help buyers optimise procurement costs and better negotiate with suppliers.

In addition, working with Phycomex can help candidates stay up-to-date with the latest procurement and supply chain developments, within the energy sector. We are committed to providing insights and opinion on key industry trends, which can help job seekers make informed decisions about their career paths.

Working with a procurement consultant like Phycomex can benefit procurement and supply chain professionals looking to take their careers to the next level.