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14 April 2010 | Helen Gilbert 


The boundary between procurement and finance is beginning to blur as employers seek buyers with a background in finance, according to a report by recruitment consultants Badenoch & Clark. 



Nicola Linkleter, executive director, procurement and supply chain said employers had begun requesting candidates with a history in finance as well as purchasing expertise because “companies are looking to control costs better with more of a focus on the cost of holding onto stock.” 



Her comments are based on the company’s March 2010 Professional Talent Spotlight – an in-house analysis of recruitment trends in several sectors.

It also identified how central government is seeking more supplier relationship managers and revealed a higher demand for purchasers with good contract management skills. 



Linkleter said: “As a number of contracts come up for renewal in transport and regulatory departments within central government, we’re seeing high levels of demand for supplier relationship managers.

“With re-tendering existing contracts drawing on resources, a number of public sector organisations are looking to squeeze more out of existing contracts. We’re seeing more demand for procurement candidates with good contract management skills as a result.” 



Local government continued to seek interim procurement professionals, she added. Although the focus had switched from strategic procurement and long-term thinking to immediate savings and supply chain management, senior level experts with strong change and negotiation experience are still in demand.

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*Comments are added to the bottom of the page. They are moderated and will not be published until approved by the Supply Management team. They may be edited. Please note unless marked “confidential” your feedback may be published on our letters page
Information on the employers looking for financial knowledge is true. Buying is about spending and any spender to make sound cost saving decisions they must know where money they spend comes from and the impact of spending such monies.
Against this background, I would like to appeal to CIPS education board to consider the introduction of finance subject right from level one up to the final level just as contract is the case.

Thank you
Daniel Kabamba
Mopani Copper Mines Plc
Zambia

Daniel Kabamba (19/04/2010 12:58:17)