Think of Procurement & Supply Chain as the engines behind every product or service you use — sourcing, buying, moving, storing, delivering. Roles include procurement / sourcing specialists and managers, supply chain analysts, logistics coordinators, inventory/planning, vendor management, demand forecasting, supplier risk, etc. Education ranges from bachelor’s degrees in supply chain management, business, logistics, or engineering; moving up often demands experience, certifications, and strategic outlook. As supply chains grow more complex & global, the role is increasingly strategic, high-impact, tech-enabled.
$103,000
Average Salary
5 %
Annual Sector Growth
58,700
Job offer
11,000
Companies
Strategic Procurement & Supplier Risk — companies are more concerned about supplier resilience, geopolitical, ESG, supply disruptions, quality, not just cost.
Digitalization & Analytics — use of advanced forecasting, AI/ML, real-time visibility, predictive analytics, automation of transactional tasks.
Sustainability & Ethical Supply Chains — more focus on carbon footprint, sustainable sourcing, responsible suppliers, compliance with regulations and consumer expectations.
Supply Chain Resilience & Localisation — more firms diversify suppliers, nearshore production, buffer inventories to mitigate disruptions.
Skill Upgrading & Cross-Functional Integration — supply chain is no longer siloed: procurement works closely with finance, operations, legal, sustainability, IT; professionals need broader business understanding.
Contract negotiation & supplier management
Data analysis & forecasting (Excel, specialized tools, maybe some machine learning)
Understanding of supply chain software / ERP / procurement tech tools
Risk management: supplier risk, cost risk, geopolitical, compliance / regulatory risk
Strategic thinking: cost optimization, sourcing strategy, aligning procurement to overall business goals