Switzerland is a vital center for the global and regional headquarters of foreign companies. More than 850 international companies have based their head office or other central functions here. Prominent examples include Bombardier, Johnson & Johnson, Philipp Morris, Nissan, Sony, Google, IBM, Mondelez and many more. Each of these companies have procurement strategies in place in order to succeed.
From sourcing raw materials and services to managing contracts and relationship with suppliers, procurement and supply management is a complex, strategic, challenging, and ultimately rewarding sector to work in. Professionals in this space enable an organisation to operate in a profitable and ethical manner.
Companies can spend more than 70% of their revenue on procurement, according to the Chartered Institute of Procurement & Supply (CIPS), a global professional body with an objective of leading excellence in procurement and supply chain, so even small cost reductions can have a big impact on the bottom line.
As digitalisation progresses worldwide, the role of a procurement professional will continue to change rapidly. A report by KPMG stated: "Procurement professionals around the world stand on the threshold of a new age." The old paradigm of cost reduction and cost efficiency is drawing to a close. New and revolutionary concepts are spinning from the frenzied technological leaps of our time; especially in digital transformation. In this dynamic, complex and disruptive era, procurement leaders and experts the world over are searching for a secure, successful future.
The Fourth Industrial revolution will create new opportunities for professionals who are willing to familiarise themselves with new technologies such as automation, artificial intelligence, and the internet of things. These tools will give companies a competitive advantage as they can continuously improve their procurement management systems to better control cost and enforce compliance. Swiss industry decision-makers are expected to take considerable steps towards a more stringent implementation of Industry 4.0 over the next five years.
Our consultants are specialists in their markets, recruiting top talent for the procurement jobs market throughout Switzerland and Europe.
