Procurement's evolving, essential role is a double-edged sword. The function has earned the respect and executive buy-in it needs to drive organization-wide change, but it's numerous talent gaps have grown ever wider. More than half of CPOs doubt their teams have the skills they need to deliver on their goals. Faced with evolving technologies and emerging risk factors, this talent gap could soon grow even wider.
Skills and expertise aren't the only things most businesses are missing. Many lack the internal resources to close these gaps on their own and get Procurement headed in the right direction. They're reliant on over-worked HR departments and struggling to update age-old processes. What can they do? They might consider working with a dedicated Procurement and Supply Chain recruiter.
Job seekers know that recruiters are valuable resources for the (often long and difficult) application process. They're often just as useful for organizations looking to supplement their efforts and bring leading talent into the fold.
Here are just a few of the ways a recruiter could benefit your organization.
Recruiters Save You Time, Money, and Effort
As mentioned above, your Procurement and HR teams already have their hands full with day-to-day responsibilities. HR doesn't have the resources to familiarize themselves with the ins-and-outs of Procurement, nor does Procurement have the resources to become a full-fledged hiring function. Keeping a position open is costly. With the time and resources to focus on open positions, recruiters keep you from wasting money and help you quickly move best-fit candidates through the hiring process.
They'll streamline that process from end-to-end by vetting candidates and reducing the workload for your internal team. Once you've on-boarded a new hire, a recruiters efforts will continue to pay off in a big way. You won't need to break the bank training them and preparing them to succeed because your recruiting partner will ensure they're ready to hit the ground running on Day 1.
Recruiters Engage Passive Candidates
Unemployment is the lowest its been in decades. That means the pool of active candidates is about as small as its ever been. To fill the talent gap, organizations need to cast a wider net and seek out more passive candidates. These are candidates who aren't currently sending out resumes and searching on job boards. A recruiter will extend your search by connecting you with candidates that might not realize what a great fit your organization could make - or how much they're looking for a change. They'll inspire these professionals to take action, present your Procurement team as the best possible fit, and provide for long-term, mutual benefit.
Recruiters are Marketplace Experts
Recruiters are out in the trenches every day. If they're any good at their job, they've developed a through understanding of what it takes to succeed in your industry. What's more, they know where to find those top-notch candidates and what your organization can do to win them over and welcome them aboard. They'll ensure you're putting your best foot forward - by offering the right incentives and benefits - and prepare candidates to do the same by familiarizing them with your organization's approach, expectations, and unique culture.
Are you struggling to identify candidates and welcome them onto your Procurement team? Learn more about Source One's end-to-end approach to recruiting. From internal capabilities reviews to on-boarding support, they provide everything you need to build a best-in-class team.