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2024 Talent Trends: Procurement
To effectively drive strategic value for their organizations, procurement leaders are bringing on skilled and experienced talent to support a wide array of initiatives.
Each year, Business Talent Group releases the High-End Independent Talent Report, looking across industries and business functions to analyze how business leaders deploy top independent talent to fill critical skill, expertise, and leadership gaps. Here are the key procurement trends for 2024.
Procurement leaders are navigating challenges that include global supply chain disruptions, sustainability considerations, and changing regulatory environments. To effectively drive strategic value for their organizations, they are bringing on talent to support initiatives such as integrations, process optimization, sourcing, AI investment, risk management, and IT infrastructure.
PROJECT CATEGORIES: Procurement
33% Strategy | |
32% Operations | |
21% Transformation | |
5% Organization | |
9% Interim Leadership |
IN-DEMAND PROJECTS FOR PROCUREMENT
Post-Merger Integration
Business Processes
Product Strategy and Launch
Interim Leadership
Supply Chain
IN-DEMAND SKILLS FOR PROCUREMENT
Sourcing and Procurement
Project Management
AI and Machine Learning
ERP
IT Systems Strategy
SAMPLE PROCUREMENT PROJECTS
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Review and remedy financial reporting discrepancies after an integration
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Establish best practices for strategic sourcing and category management activities for all IT spend categories
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Design standard operating procedures for consulting category management
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Serve as an interim Materials Management Director to coordinate enterprise-wide supply chain operations