Exclusive video: CPOs facing procurement talent gap

Scott Dance is UK&I Procurement Engagement Director at recruitment specialist Hays, and is an expert in talent retention.

In his keynote, Dance addressed the recruitment challenges faced by procurement professionals, caused by the ‘Great Resignation’, and a tendency to follow "traditional recruitment methods rather than diversifying the talent pool". 

Dance also highlighted how staff retention in procurement is being harmed by the gap between what employees want, and what companies are offering.  "Career development plans are lacking and employees feel stuck," Dance said. 

Procurement and the talent gap

He added: "Organisations should make job descriptions more diverse, avoid biased language, and consider factors such as hybrid working, company culture, and make them project-based. Salary is important but it shouldn’t be the sole focus for organisations looking to attract talent. 

"We're seeing people go from the private sector to the public sector and taking pay cuts, because they want to give back to the community.".

Dance concluded his keynote by suggesting companies should re-evaluate the "employee value proposition" and consider a "more diverse and inclusive approach". 

• To watch any of our other speakers from Procurement & Supply Chain LIVE 2023, click here.

Don’t forget to register for our future events including Manufacturing LIVE 2023, Procurement & Supply Chain LIVE Dubai 2024 & Procurement & Supply Chain LIVE London 2024.

Celebrating exemplary achievements in the fields of procurement and supply chain management, the Supply Chain AWARDS - debuting in 2024 - acknowledges companies, professionals, and projects that demonstrate exceptional performance, innovation, and strategic thinking. Click here, to find out how you can enter.

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For more insights into the world of supply chain read the latest edition of Supply Chain Digital and be sure to follow us on LinkedIn & Twitter. Other magazines that may be of interest: Procurement Magazine, Manufacturing Digital
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