After years of being perceived as a clerical, back-office function, purchasing is set to gain remarkable prominence in the corporate pecking order, according to a survey of over 350 global executives by the Economist Intelligence Unit in co-operation with SAP. While only 34 per cent of respondents said procurement and supplier management executives currently play an important or vital role in establishing their companies’ overall strategic objectives, 65 per cent of respondents outside the purchasing function – and an overwhelming 91 per cent within it – predicted they will have to do so by the year 2015 in order to maintain competitive advantage.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.