Jobs forecast to fall by a quarter_3
18 July 2012
Top companies will cut their procurement teams by a quarter within the next two years, according to a survey by management consultancy AT Kearney.
Even though external spending by procurement departments will rise to 48.4 per cent of turnover in 2001, 6 percentage points above 1995 levels, the average number of staff will continue its fall from a high of 8.4 five years ago to 5.6 employees next year, the survey said.
Sectors most at risk of losing people by 2001 include the project industries, such as...