..:: AUTO REPORT AFRICA ::..
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As Perception of the Value of Procurement Rises During the Pandemic
- Professional members of CIPS receive 50.2% more in salary than their non-qualified counterparts
- Half of employers struggled to find talented individuals in supply chain management (50%)
- 66% of employers request MCIPS or studying towards these qualifications for potential candidates
- 47% said budget constraints were their biggest challenge
The annual CIPS Salary Guide sponsored by Hays found procurement professionals earned substantially more than their non-trained counterparts in Sub-Saharan Africa. The research was conducted in early 2023 as 5000 procurement and supply professionals contributed to the report highlighting the skills, salaries, and rewards in the profession. The results from the Sub-Saharan region include the perceptions of procurement and benchmarks salaries and bonuses for different roles. The survey also highlights the career aspirations of procurement professionals and offers advice on how to attract the best talent in the profession across sectors and the world.
As the perception of the value of strong procurement and supply chain management skills increased during the pandemic and the awareness of supply chains rose amongst boards and CEOs of organisations and businesses, talent acquisition remained a problem as the search for highly skilled staff intensified.
Fifty-percent of recruiters for procurement roles said that they struggled to find talent. The perceived value of fully-trained professionals remained high as 66% of employers stated they would seek out MCIPS (fully qualified member of CIPS), or study towards becoming fully qualified ahead of those without this training.
The average salary for all procurement and supply professionals at a professional level, with job roles such as supply chain manager or senior category manager was $47,175 across all job levels in Sub-Saharan Africa.
Gender disparity in Sub-Saharan Africa remained was 20.4% in favour of men.
Turning to challenges faced by procurement in Sub-Saharan Africa in the next year, 47% believed that budget constraints would be an important challenge for procurement professionals and 46% risk management.
In terms of skills 54% said negotiation skills, 54% said supplier relationship management skills and 45% said communications skills.
Nick Welby, CIPS CEO, said, “Year after year the reputation of our profession is rising within organisations and across business. Our skills are valued and our sense of the contribution we make to our organisations and economies is increasing.
“Salaries and bonuses awarded at all levels of the profession continue to rise and are again outstripping those across the wider economy. Amongst the most highly qualified in our profession – individuals who have achieved MCIPS – are commanding significantly higher salaries than their non-MCIPS colleagues and are increasingly sought after across all sectors.”
Scott Dance, Director at Hays, specialising in Procurement & Supply Chain recruitment, said, “In the wake of another tumultuous year beset by political, economic and social challenges, including a cost-of-living crisis, ongoing conflict in Ukraine and an escalating climate emergency, the strategic value of procurement and supply chain continues to be self-evident. The volatility has put the focus squarely on what the sector does best – mitigating risk, managing costs and keeping businesses compliant.
“A consequence of soaring inflation rates is that wages have been driven up across the board, with procurement being no exception. Globally, salary increases across procurement have been very positive, with the majority receiving a significant pay rise in the last year.”
The number of procurement and supply chain professionals in the Sub-Saharan African continent is rising quickly.
The Chartered Institute of Procurement & Supply
The Chartered Institute of Procurement & Supply (CIPS) is the world’s largest procurement and supply professional organisation. It is the worldwide centre of excellence on procurement and supply management issues. CIPS has a global membership of over 60,000 in 150 different countries, including senior business people, high-ranking civil servants and leading academics. The activities of procurement and supply chain professionals have a major impact on the profitability and efficiency of all types of organisations and CIPS offers corporate solutions packages to improve business profitability.
Hays
Hays plc (the “Group”) is the world’s leading specialist in workforce solutions and recruitment, such as RPO and MSP. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK, Germany and Australia and one of the market leaders in Continental Europe, Latin America and Asia. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments. As of 31 December 2022, the Group employed over 13,000 staff operating from 255 offices in 33 countries. For the year ended 30 June 2022:
- the Group reported net fees of £1,189.4 million and operating profit of £210.1 million;
- The group placed around 83,750 candidates into permanent jobs and around 250,000 people in temporary roles;
- 16% of Group net fees were generated in Australia & New Zealand, 26% in Germany, 22% in the United Kingdom & Ireland and 36% in the Rest of the World (RoW);
- the temporary placement business represented 55% of net fees and the permanent placement business represented 45% of net fees;
- Technology is the Group’s largest division, with 26% of net fees, while Accountancy & Finance (14%) and Construction & Property (11%), are the next largest
- Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, the Czech Republic, Denmark, France, Germany, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Romania, Singapore, Spain, Sweden, Switzerland, Thailand, UAE, the UK and the USA
*The survey
The CIPS Procurement Salary Guide and Insights 2023 allows procurement professionals and employers to benchmark salaries and bonuses for different roles and profiles; highlight career aspirations; understand perceptions of procurement.
The findings in this report are based on research conducted in early 2023 via an online survey among professionals currently working in procurement. This year over 5000 professionals globally completed the survey.
