With UK unemployment levels at their lowest since 1971 at a rate of just 5.4% in February, the competition to recruit suitably skilled employees and increase in skills shortages intensifies.
According to the CBI’s latest report, confidence is growing in the business and professional services sector. With optimism in the market at its fastest pace for more than 15 years, there are many reasons to be upbeat.
As procurement executives are under pressure to perform in an era of globalisation and outsourced capabilities, many are pushing procurement in directions where new models and new ways of working are essential. This year, KPMG has released findings from its “25 in 25” research where 25 senior chief procurement officers and executives were asked to comment on what the world of procurement will look like in 2025.