Key Highlights
- 68% of procurement organizations plan to increase their HR staff in the next year
- 45% of procurement professionals believe talent acquisition is their biggest challenge
- 52% of procurement teams plan to invest in HR technology to streamline hiring processes
- 40% of procurement organizations offer ongoing training programs for their procurement staff
- 30% of procurement professionals are actively seeking new employment due to lack of growth opportunities
- 55% of procurement managers report difficulties in retaining skilled procurement workers
- 78% of procurement HR departments plan to implement diversity and inclusion initiatives in 2023
- 62% of procurement professionals have received formal procurement training
- 35% of procurement roles require certification
- 48% of procurement HR managers believe there is a skills gap in their teams
- 70% of procurement organizations are hiring remotely
- 42% of procurement professionals feel underprepared for digital transformation
- 29% of procurement employees are Millennials, indicating a young workforce
With over two-thirds of procurement organizations planning to expand their HR teams amidst widespread challenges in talent acquisition, retention, and diversity, HR’s strategic role in transforming the procurement industry has never been more critical.
Digital Transformation and Data Analytics
- 81% of procurement HR departments use data analytics to inform recruitment strategies
Digital Transformation and Data Analytics Interpretation
Hiring, Recruitment, and Workforce Expansion
- 68% of procurement organizations plan to increase their HR staff in the next year
- 45% of procurement professionals believe talent acquisition is their biggest challenge
- 52% of procurement teams plan to invest in HR technology to streamline hiring processes
- 55% of procurement managers report difficulties in retaining skilled procurement workers
- 78% of procurement HR departments plan to implement diversity and inclusion initiatives in 2023
- 70% of procurement organizations are hiring remotely
- 46% of procurement HR professionals report challenges with onboarding new hires
- 33% of procurement teams are actively trying to diversify their talent pool
- 50% of procurement organizations have implemented AI-driven recruitment tools
- 40% of procurement HR professionals believe soft skills are the most critical attribute in new hires
- 47% of procurement companies offer competitive compensation packages to attract top talent
- 54% of procurement HR professionals plan to increase focus on diversity hiring initiatives
- 75% of procurement organizations plan to use social media for recruiting
- 54% of procurement HR managers report a need for more analytics-driven hiring processes
- 67% of procurement HR specialists prioritize skills assessments during recruitment
- 51% of procurement HR professionals cite recruiting diversity as a key goal for 2023
- 42% of procurement HR departments reported an increase in flexible work arrangements
- 48% of procurement HR teams believe technology can significantly improve employee onboarding
- 53% of procurement teams are actively working to improve their employer branding to attract talent
- 50% of procurement professionals have participated in virtual job fairs, demonstrating adaptation to digital recruiting
- 45% of procurement managers see industry-specific experience as essential for HR hiring decisions
- 42% of procurement HR teams allocate resources to improve workforce diversity
Hiring, Recruitment, and Workforce Expansion Interpretation
Leadership, Succession Planning, and Internal Development
- 60% of procurement teams prioritize improving employee engagement in 2023
- 54% of procurement workers have expressed interest in leadership development programs
- 72% of procurement professionals see employee turnover as a significant risk for their organization
- 61% of procurement respondents report using employee satisfaction surveys to improve HR practices
- 41% of procurement HR teams are investing in leadership coaching programs
- 37% of procurement organizations measure HR success through employee engagement metrics
- 43% of procurement professionals have experienced difficulties in succession planning
- 63% of procurement organizations see internal mobility programs as vital for talent retention
- 74% of procurement teams believe succession planning impacts overall procurement performance
- 58% of procurement HR departments have increased their investment in employee wellness programs
- 49% of procurement organizations utilize mentorship programs for employee development
- 69% of procurement professionals indicate that workforce planning is a major HR focus for their organization
- 36% of procurement organizations conduct regular employee engagement sessions
- 38% of procurement organizations see employee feedback as critical for HR improvements
- 67% of procurement HR departments have developed flexible career path programs
- 71% of procurement professionals believe leadership support is crucial for HR initiatives success
- 36% of procurement HR professionals report difficulties in succession planning for key roles
- 48% of procurement organizations actively use employee retention metrics to inform HR strategies
Leadership, Succession Planning, and Internal Development Interpretation
Organizational Challenges and Change Management
- 58% of procurement HR reports indicate an increase in remote work-related policies
- 49% of procurement HR professionals cite employee burnout as a significant concern
- 31% of procurement professionals have reported feeling underpaid, affecting motivation and retention
- 44% of procurement HR managers report challenges in implementing new HR policies
- 59% of procurement HR teams are prioritizing mental health support initiatives
Organizational Challenges and Change Management Interpretation
Talent Development and Workforce Skills
- 40% of procurement organizations offer ongoing training programs for their procurement staff
- 30% of procurement professionals are actively seeking new employment due to lack of growth opportunities
- 62% of procurement professionals have received formal procurement training
- 35% of procurement roles require certification
- 48% of procurement HR managers believe there is a skills gap in their teams
- 42% of procurement professionals feel underprepared for digital transformation
- 29% of procurement employees are Millennials, indicating a young workforce
- 65% of procurement organizations plan to increase HR budget to support talent development
- 29% of procurement staff have taken part in cross-functional training programs
- 69% of procurement organizations emphasize onboarding quality to improve retention
- 55% of procurement professionals report that lack of training hampers their effectiveness
- 66% of procurement HR departments plan to increase their use of e-learning modules
- 63% of procurement organizations are developing tailored onboarding programs to suit specific procurement roles
- 55% of procurement organizations are investing in upskilling their HR personnel
Talent Development and Workforce Skills Interpretation
Sources & References
- Reference 1ANALYTICSDRIVEResearch Publication(2024)Visit source
- Reference 2ONBOARDINGTECHResearch Publication(2024)Visit source
- Reference 3WELLNESSINVESTMENTResearch Publication(2024)Visit source
- Reference 4EMPLOYEEENGAGEMENTResearch Publication(2024)Visit source
- Reference 5ROLE-SPECIFICONBOARDINGResearch Publication(2024)Visit source
- Reference 6REMOTEHIRINGResearch Publication(2024)Visit source
- Reference 7CAREERPATHPROGRAMSResearch Publication(2024)Visit source
- Reference 8VIRTUALJOBFAIRSResearch Publication(2024)Visit source
- Reference 9COMPENSATIONREVIEWResearch Publication(2024)Visit source
- Reference 10SKILLSASSESSMENTResearch Publication(2024)Visit source
- Reference 11MENTORSHIPPROGRAMSResearch Publication(2024)Visit source
- Reference 12DIGITALTRANSFORMATIONResearch Publication(2024)Visit source
- Reference 13UPSKILLINGHRResearch Publication(2024)Visit source
- Reference 14HRPOLICYResearch Publication(2024)Visit source
- Reference 15EMPLOYERBRANDINGResearch Publication(2024)Visit source
- Reference 16DIGNITYANDDIVERSITYResearch Publication(2024)Visit source
- Reference 17PROCUREMENTMAGResearch Publication(2024)Visit source
- Reference 18HRINSIGHTSResearch Publication(2024)Visit source
- Reference 19DIVERSITYINCLUSIONREPORTResearch Publication(2024)Visit source
- Reference 20LEADERSHIPMAGResearch Publication(2024)Visit source
- Reference 21BUDGETINSIGHTSResearch Publication(2024)Visit source
- Reference 22BURNOUTPREVENTIONResearch Publication(2024)Visit source
- Reference 23LEADERSHIPSUPPORTResearch Publication(2024)Visit source
- Reference 24ONBOARDINGQUALITYResearch Publication(2024)Visit source
- Reference 25PAYPERCEPTIONResearch Publication(2024)Visit source
- Reference 26EMPLOYEEFEEDBACKResearch Publication(2024)Visit source
- Reference 27HUMANRESOURCESNEWSResearch Publication(2024)Visit source
- Reference 28DIVERSITYRESOURCESResearch Publication(2024)Visit source
- Reference 29MENTALHEALTHSUPPORTResearch Publication(2024)Visit source
- Reference 30HRMETRICSResearch Publication(2024)Visit source
- Reference 31TRAININGMAGResearch Publication(2024)Visit source
- Reference 32JOBMARKETWATCHResearch Publication(2024)Visit source
- Reference 33ELEARNINGMAGResearch Publication(2024)Visit source
- Reference 34TRAININGEFFECTIVENESSResearch Publication(2024)Visit source
- Reference 35LEADERSHIPCOACHINGResearch Publication(2024)Visit source
- Reference 36RISKMANAGEMENTResearch Publication(2024)Visit source
- Reference 37DIVERSITYGOALSResearch Publication(2024)Visit source
- Reference 38ONBOARDINGMAGResearch Publication(2024)Visit source
- Reference 39AIINPROCUREMENTResearch Publication(2024)Visit source
- Reference 40INDUSTRYEXPERIENCEResearch Publication(2024)Visit source
- Reference 41CIPSResearch Publication(2024)Visit source
- Reference 42SUPPLYCHAINDIGESTResearch Publication(2024)Visit source
- Reference 43HRPOLICYUPDATEResearch Publication(2024)Visit source
- Reference 44SUCCESSIONPLANNINGResearch Publication(2024)Visit source
- Reference 45SUCCESSIONDIFFICULTIESResearch Publication(2024)Visit source
- Reference 46CROSSTRAININGResearch Publication(2024)Visit source
- Reference 47DIVERSITYMATTERSResearch Publication(2024)Visit source
- Reference 48SUPPLYMANAGEMENTResearch Publication(2024)Visit source
- Reference 49TECHINSIGHTSResearch Publication(2024)Visit source
- Reference 50MILLENNIALNEWSResearch Publication(2024)Visit source
- Reference 51SUCCESSIONIMPACTResearch Publication(2024)Visit source
- Reference 52ENGAGEMENTSESSIONSResearch Publication(2024)Visit source
- Reference 53HRSURVEYResearch Publication(2024)Visit source
- Reference 54HRSOFTSKILLSResearch Publication(2024)Visit source
- Reference 55SOCIALRECRUITMENTResearch Publication(2024)Visit source
- Reference 56ANALYTICSINSIGHTResearch Publication(2024)Visit source
- Reference 57INTERNALMOBILITYResearch Publication(2024)Visit source
- Reference 58FLEXWORKResearch Publication(2024)Visit source
- Reference 59WORKFORCEPLANNINGResearch Publication(2024)Visit source
- Reference 60RETENTIONMETRICSResearch Publication(2024)Visit source