Understandably many moved to remote working during lockdown and after the initial shock, there is now a view that hybrid working practices can increase productivity…
Over 50% of respondents to the ‘Future of Work’ survey already worked in a hybrid office/flexible way prior to covid, with a further 15% working entirely remotely, which reflects the agile and global nature of procurement & supply chain functions, with the need to work flexibly to visit suppliers and supply chain partners.
However, the hybrid model significantly reduced over the last 18 months with over 60% working fully remote (from 15%), which created the need for more efficient ways of working. This builds habits and has shown some companies the benefits if you have the right people.
The key takeaway from the results is that although challenging, it has allowed for an increase in personal productivity. With the reduction of unnecessary travel, less commuting, and increased access and use of online data systems and video communication tools. In total, nearly 88% felt that productivity improved or did not change, which shows the resilience of the functional teams.