Key Highlights
- 1. 76% of procurement leaders see upskilling as essential for digital transformation
- 2. 48% of procurement professionals believe reskilling can help mitigate talent shortages
- 3. 65% of companies increased their investment in procurement training programs in 2022
- 4. 42% of procurement staff have completed at least one upskilling course in the last 12 months
- 5. 54% of organizations see upskilling as a way to improve supply chain resilience
- 6. 82% of procurement managers identify digital skills as a top priority for upskilling
- 7. 29% of procurement teams lack sufficient training in data analytics
- 8. 63% of procurement professionals are interested in learning about AI and automation
- 9. 71% of companies plan to reskill their procurement workforce to adapt to new technologies by 2025
- 10. The global procurement training market is expected to reach $2.3 billion by 2025
- 11. 58% of procurement leaders believe reskilling can lead to greater cost savings
- 12. 45% of procurement professionals see a skill gap in contract management
- 13. 54% of companies increased online learning platforms for procurement training during the pandemic
As the procurement industry accelerates into the digital age, with over 82% of managers prioritizing digital skills and nearly three-quarters recognizing reskilling as vital for long-term success, the need for comprehensive upskilling and reskilling initiatives has become more urgent than ever.
Digital Transformation and Technology Adoption
- 70. 43% of procurement organizations have adopted AI-based predictive analytics training
- 73. 62% of organizations identify digital transformation as the primary driver for procurement reskilling initiatives
Digital Transformation and Technology Adoption Interpretation
Perceptions and Attitudes Toward Procurement Skills
- 20. Only 22% of procurement professionals feel their current skills are sufficient for future demands
- 35. 53% of procurement teams believe soft skills are as important as technical skills
- 55. 53% of procurement professionals feel unprepared for future technological changes
- 59. 88% of procurement managers believe that digital skills are critical for strategic sourcing
- 69. 60% of procurement leaders believe that soft skills training enhances team collaboration
Perceptions and Attitudes Toward Procurement Skills Interpretation
Reskilling and Career Development
- 2. 48% of procurement professionals believe reskilling can help mitigate talent shortages
- 11. 58% of procurement leaders believe reskilling can lead to greater cost savings
- 30. 70% of organizations see reskilling as crucial for maintaining competitive advantage
- 48. 61% of procurement professionals believe reskilling will influence their career progression
- 52. 60% of procurement leaders recognize that reskilling reduces turnover rates
- 74. 77% of procurement staff believe that reskilling ensures long-term career stability
Reskilling and Career Development Interpretation
Workforce Development and Upskilling
- 1. 76% of procurement leaders see upskilling as essential for digital transformation
- 3. 65% of companies increased their investment in procurement training programs in 2022
- 4. 42% of procurement staff have completed at least one upskilling course in the last 12 months
- 5. 54% of organizations see upskilling as a way to improve supply chain resilience
- 6. 82% of procurement managers identify digital skills as a top priority for upskilling
- 7. 29% of procurement teams lack sufficient training in data analytics
- 8. 63% of procurement professionals are interested in learning about AI and automation
- 9. 71% of companies plan to reskill their procurement workforce to adapt to new technologies by 2025
- 10. The global procurement training market is expected to reach $2.3 billion by 2025
- 12. 45% of procurement professionals see a skill gap in contract management
- 13. 54% of companies increased online learning platforms for procurement training during the pandemic
- 14. 37% of procurement teams have formal mentorship programs to promote upskilling
- 15. 43% of procurement managers believe that talent development is a critical factor for supply chain agility
- 16. 68% of procurement professionals want training in sustainability practices
- 17. 30% of procurement staff have reported that lack of training hampers their efficiency
- 18. 55% of organizations rely on external vendors for procurement upskilling programs
- 19. 78% of procurement projects involving digital tools require team reskilling
- 21. 49% of organizations consider continuous learning as a top procurement development priority
- 22. 59% of procurement teams participated in industry-specific upskilling initiatives in 2023
- 23. 64% of procurement professionals have expressed interest in certifications like CIPS or ISM for career advancement
- 24. 51% of companies reported that upskilling efforts led to better supplier negotiations
- 25. Trainings focused on digital procurement solutions increased by 43% from 2021 to 2022
- 26. 83% of procurement leaders see AI literacy as vital for future procurement success
- 27. 41% of procurement organizations use virtual reality for upskilling their workforce
- 28. 76% of procurement professionals plan to enroll in online courses in the next year
- 29. 46% of small to medium-sized enterprises (SMEs) in procurement invest less than 10 hours annually in employee upskilling
- 31. 38% of procurement teams have observed skill obsolescence in their workforce over the past five years
- 32. 54% of procurement leaders already incorporate AI tools training into their onboarding processes
- 33. 67% of procurement professionals value mentorship programs for development
- 34. 80% of procurement organizations have a dedicated training budget
- 36. 61% of organizations plan to increase their procurement training budgets in the next 12 months
- 37. 49% of procurement departments are actively reskilling for supply chain sustainability
- 38. 72% of procurement professionals express confidence that upskilling will improve their job performance
- 39. Time spent on procurement training increased by 33% during the pandemic
- 40. 29% of procurement projects are delayed due to skill gaps
- 41. 52% of leading organizations partner with universities for procurement upskilling programs
- 42. 83% of procurement managers view continuous education as critical for digital transformation
- 43. 48% of procurement teams have been upskilled through in-house training initiatives
- 44. 70% of procurement professionals report that reskilling has improved their strategic thinking capacity
- 45. 41% of companies focus on cross-functional skills during procurement upskilling programs
- 46. 65% of procurement professionals from emerging markets are actively seeking upskilling opportunities
- 47. 55% of procurement leaders allocate over 20% of their training budget to digital skills
- 49. 79% of organizations plan to implement more e-learning modules for procurement training in 2023
- 50. 46% of procurement teams have adopted gamification techniques for training purposes
- 51. 34% of procurement professionals are interested in learning about blockchain technology
- 53. 72% of surveyed procurement practitioners agree that ongoing training is linked to better supplier relationships
- 54. 40% of organizations provide digital badge certifications for procurement courses
- 56. 84% of procurement training initiatives include a focus on ethical sourcing and compliance
- 57. 49% of procurement professionals have participated in cross-industry upskilling programs
- 58. 62% of organizations aim to reskill procurement teams to meet sustainability targets
- 60. 33% of procurement workflows have been automated via reskilling efforts
- 61. 74% of procurement professionals have reported an increase in job satisfaction after upskilling
- 62. 39% of procurement departments report that reskilling has led to a reduction in external consultancy costs
- 63. 66% of procurement leaders participate in industry webinars to stay current on skills development
- 64. 78% of procurement teams are interested in training related to circular economy practices
- 65. 52% of procurement professionals view cross-training as a key component of reskilling
- 66. 69% of companies are considering AI-driven personalized learning paths for procurement upskilling
- 67. 54% of procurement firms have partnered with tech companies for employee reskilling programs
- 68. 80% of procurement employees see value in microlearning modules for ongoing skills development
- 71. 58% of procurement skills gaps are related to supply chain risk management
- 72. 35% of procurement professionals have completed a certification in supplier relationship management
- 75. 80% of procurement managers rate continuous learning as a strategic priority for future growth
Workforce Development and Upskilling Interpretation
Sources & References
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