65,000 members Globally 150 countries 28,000 members in UK CIPS Focus: Global economic downturn; Innovation; Sustainability/CSR; Security of supply; Global.

65,000 members Globally

150 countries

28,000 members in UK

CIPS

Focus:Global economic downturn;Innovation;Sustainability/CSR;Security of supply;Global sourcing;Relationship management;Increased use of technology; Fit with organisation strategy;Capability/competence of the function.

Expectations:Deep Smarts;Issues recognition;Innovative products;Well networked;Global reach;Personal contact.

Characteristics:Competitive;Aware;Flexible;Resilient.

This is CIPS world

Redefining Supply Management

Offices in UK, UAE, RSA, Oz

UK 54%:46% men to women

Let’s think too about what else we need to take into account in procurement …

Where will we find that talent in the future?

What does procurement do for the organisation?

Really? So who buys this stuff then?

Or these things?

Finding the best and the brightest

What are the particular leadership attributes or ‘habits’ that mark out the most effective procurement people?

Where will we find our special one(s)?

Procurement professionals need to be savvy – professional; polished; intelligent; respected; influential; persuasive; visionary; strategic; sharp; global; collaborative; executive and business savvy. All are terms used by procurement leader’s regarding the attributes of the future supply professional.

A new definition of ‘expert’ – a significant characteristic of the new supply professional is the extent and depth of his or her knowledge; they will become “students of their industry”. They will know everything, from the science, economics, law and politics of their supply markets on a global scale.

Talent competition heats up – there is considerable opinion regarding the talent pipeline. Is it too sparsely populated to meet the demand for strategic supplier-facing professionals that will develop this decade? The outcome will be intense competition to attract the best and brightest but on their terms.

Supply Professional skill sets for the future

Talking ‘bout my generation

Who will lead procurement in the future?

This is who it will be:

• High self-esteem

• They don’t trust the system

• Idealistic

• Value work / life balance

• Accustomed to quality

• Tech-savvy

• Immediacy

• Tolerant of differences

• Collaborative

Managing Generation Y

Generation Y want bosses who are

• Organised

• Open-minded

• Experts in their field

• Teachers, trainers and mentors

• Not intimidating

• Respectful of their generation

• Understanding of their need for work / life balance

and

Are Generation Y all that different?

Source ILM: Index of Leadership Trust 2009

Procurement isn’t about shopping or getting the photocopier paper or loo roles for the office….

…it carries huge responsibility and you get to spend massive amounts of money buying stuff like this:

So it’s much more exciting than you could ever anticipate!

Are you interested in getting into procurement?

Thank you