The ‘Search’ for the right Talent

“Seek and you shall Find”

There is no question that we are in the midst of one of the most challenging economic periods in our generation due to Coronavirus, and if you factor in Brexit and IR35, then you can understand why recruiting the best and the right talent can be extremely difficult.

So….do you have the right people, with the right skills to navigate your way through these challenges and deliver what you need?

Many procurement & supply chain leaders recognise the need to upskill, or increase their team’s capacity and are working on training and development planning, as well as finding the best people in the market. Which leads to the next challenge – finding the right talent.

With so many people now looking for jobs due to redundancy or unemployment, you would naturally believe that it’s an excellent time to recruit, and that hiring, despite the increased demands, should be a breeze, right? Well, think again. Whilst recruiters are flooded with applicants, few people in secure work want to switch jobs at the moment. Many recruiters are finding it increasingly difficult to manage the surging number of applications to the point where they are no longer advertising roles.

So, when it comes to finding the best talent, or the right specialist skills what do you do? How do you ensure that out of the hundreds of advert applications, you select the best, in a crowded market? Advertising is evidently becoming very time consuming so how do you ensure you have the right proactive search & selection strategy for the passive candidates?

More so than ever, recruiting the right person, first time is paramount. So how do you win the race for the best talent and attract the right skillsets, if the right people are not actively looking in a market and are rightly risk averse?

What’s the solution?

There are many factors which attract people to leave their ‘safe’ secure role and seek a new career, including flexible working, training, development, career progression, culture, financial and job security, to name a few. But none of these will matter if prospective candidates are not aware of your company’s career USP’s.

By getting to know clients and their requirements in depth, good recruiters are able to really focus on the top tier candidates for each role, whether they be passive or active candidates. A professional and informative approach and the fact that any hiring company have ‘retained’ a specialist recruiter, gives a great first impression to candidates, presenting them as an organisation that allows serious candidates to want to find out more.

Positioning the company, the role and actively searching for the right talent match with promotional material, 360 capability assessment and other selection tools, also ensures candidates know they are a good fit, providing confidence for both themselves and the client and therefore reducing the risk for both.

Good specialist recruiters know their market inside out. Through years of working with procurement & supply chain professionals globally, we have built relationships with extensive networks of passive career seekers, most of whom will not actively apply to job adverts.

Furthermore, they trust their preferred agents to be able to assess the right roles and represent them properly to ensure they are not lost in the hundreds of advert applications and in most cases never receiving a reply from the advertiser.

Hiring great talent has not got any easier, but there is a solution! Reach out for a confidential discussion and we can guide you through a range of innovative, flexible & cost-effective support options that will help you solve these challenges.

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Procurement support without fixed headcount?

The solution is ON-DEMAND.

The procurement requirements of an organisation are continually changing and sometimes difficult to predict. Growth, projects, absence, recruitment challenges and stretch targets cause challenges in managing resource, expertise and delivery, and the traditional approach of hiring interims to fill the gap can sometimes just take on fixed cost rather than a project delivery outcome.

At the same time, planning and implementing a complex change project where external partners are vetted, tenders issued, presentations made – and all of this before the successful bidder gets anywhere near to starting any actual work – can seem like overkill, especially when you need support NOW.

We have created a suite of easy to access services which allow clients to benefit from our group consulting expertise, knowledge and flexible capacity as and when its needed – with organisations only paying for precisely what is required. The outcome:  Less cost, maximum impact.

ON-DEMAND puts you in control:

  • Project-by-project
  • Fixed cost
  • Optional outcome-based incentivisation
  • Sector/category expertise and leveraging Procura Consulting knowledge
  • On-site or remote (or an optimum mix)

Benefits of ON-DEMAND:

  • Ready-to-go … turn on and off
  • Switch fixed expense for variable
  • Pay only for what is needed
  • Quickly leverage expertise and knowledge
  • Output-based deliverables
  • Flexible resourcing = right-sizing for procurement teams

Examples of ON-DEMAND delivery projects:

  • Get Cost-reduction projects over the line and savings secured
  • One-off sourcing projects completed successfully
  • Specific negotiation projects completed
  • Brexit planning approach underway
  • Spend analytics up and running
  • Global sourcing approaches defined and progressing

We deliver. It is that simple.

 

For more information about our range of ‘On Demand’ and Interim Procurement Services, contact Tony Goldsby, Managing Partner by email on info@procurasearch.com or call +44 (0)203 693 7275

 

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How is the market for you?

In the Procurement & Supply Chain recruitment world, this is the question everyone has asked on a daily basis since lockdown began.

Unsurprisingly, the consensus from clients and every prospective job hunter in the market, is that it was and still is understandably sluggish.

So here is my view of the last few months, what is happening now and what may happen in the future.

Despite the potential for doom and gloom, there have been sections of the market which have not only managed to maintain a sound state, but have actually grown during these ‘unprecedented’ (I promise not to use that word again) times!

Nobody can say with any confidence what exactly will happen in the next 12 months. However, with years of recruitment experiences, exposure to rapid recessions, changes in global economies, supply chain strategies, coupled with our consulting group’s market knowledge and daily communications with procurement industry leaders, we can offer our ‘positive’ view – apologies but it’s in the genes, we are born optimists…

Uncertainty & New Opportunities

Unquestionably there have been challenges that many businesses have never faced before, leading to uncertainty of the highest scale and recruitment plans being ‘stalled’ or cancelled overnight. The remote working phase during early lockdown was an extremely difficult adjustment for many companies. Others, who have operated flexible working for some time adapted quicker and thrived.

For companies finding this remote transition difficult, even with trusted and capable people, the idea of a remote recruitment process without physically meeting a potential new employee was unthinkable! Even for those companies where remote working wasn’t a problem, hiring someone without a face to face, socially distanced get together, other than on a video call, was maybe a stretch too far.

Then there were clients that realised they had to find ways to onboard new employees remotely. They were not only prepared to offer someone they have never met a job, but actually offer them a career!

To do this they had to embrace the process and the virtual opportunities, involve stakeholders in ways that physical meetings would never normally allow. They had to get support and ‘buy in’ from the broader stakeholder network, get greater consensus and use innovative testing strategies, in such a way that allowed successful candidates to get to know the stakeholder network, well before they had ever stepped through the door on their first day at work.

‘Shoots’ of Improvement

With companies making redundancies and with the more to follow, this still leaves a difficult and frustrating market for anyone seeking new employment or a career move.

At the beginning of the easing of lockdown, there were tentative ‘shoots’ of improvement, supply chains were waking up and certain sectors (for many different reasons) were making plans, nothing consistent due to the fear of a 2nd wave, but small steps. Throughout July, greater optimism and an increased number of opportunities appeared, leading to more people securing new permanent roles.

It’s evident that we are getting used to the idea that the virus will not disappear quickly and we need to change our ways to cope and carry-on, so the creation of a new norm in recruitment is developing. Offices outside of the major cities are gradually opening, with shift based or staggered working, and part-time furloughing, this will become the ‘new normal’ for many organisations for the foreseeable future, which has given a form of temporary certainty and allowed some organisations in the right sectors the confidence to restart those ‘paused’ recruitment campaigns and start forward planning.

Early stages of Recovery

Although we appear to be at the early stages of a fuller recovery, there is obviously a long way to go and the potential for set-backs are always going to be a challenge that will need to be planned for. Procurement & Supply Chain teams are going to need to be agile and this will be critical to future success, for any business in every sector.

If any organisation hadn’t seen supply chain risk, negotiation skills and ‘best in sector’ procurement excellence as a priority, they do now. The world is a different place and there is no room for complacency.

Whilst there will be fewer numbers of people going away during the usual summer vacation periods, the school holidays will still be an opportunity for parents to take time out with their children. However, with September coming and children back into school and furlough schemes coming to an end, this will be a pivotal time in the recovery, planning how you manage your workforce, skills development and future mapping your options is critical.

Undoubtedly companies are still nervous about times ahead and perhaps apprehensive about hiring. Will companies switch their permanent recruitment to interim solutions? Flexibility in an uncertain time can be an effective solution for many, including outsourcing projects to protect the business with fees based on targeted deliverables. All options are on the table.

Future mapping for success

Many functional leaders now see the future, as a blend of upskilling teams, creating flexibility in remote working and building talent pipelines of ‘fit for purpose’ Interim or consulting resources that understand your business challenges. This will also deliver protection against the potential threat of IR35 and support the other challenge round the corner, Brexit. Not a year to forget in a hurry!

A few Predictions for the Future of Procurement & Supply Chain teams

  • Greater investment in remote and virtual screening techniques
  • Online ‘capability assessment’ to improve interview support for non-functional stakeholders
  • Outsourced or Augmented delivery Teams for fixed cost projects
  • Intelligent development of ‘Talent Pipelines’ of business ready Interim resource
  • Even greater emphasis on ‘getting it right’ in Permanent recruitment
  • Upskilling, training and greater emphasis on building teams that work at pace

 

If you would like to know more about Permanent, Interim recruitment solutions and the flexible future for Procurement & Supply chain functions, contact Adam Roughton, Partner – info@procurasearch.com to arrange a convenient time for a call. Or sign up for more Insights below;

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