In May 2008 we launched our supply chain recruitment index (covering purchasing, logistics, and supply chain recruitment) to track changes in market activity from one month to the next. At the same time we also launched a candidate application index, again specifically for the supply chain sector.
The indexes are based upon algorithms that collect data from numerous sources across the supply chain recruitment sector and provide an objective view of developments within the sector.
Both indexes are calculated on the 15th of the month and published shortly thereafter.
The UK Supply Chain Recruitment Index
The November index fell to 83.5, compared to 90.9 for October 2008. This suggests that the number of live supply chain vacancies in the UK fell by just over 8% from October to November 2008.
The UK Candidate Application Index
The November index increased to 144 from 135 in October, reflecting an increase of more than 18% in applications from October to November 2008.
We are waiting to see how the current global financial crises impacts specifically on the UK supply chain recruitment sector. We would expect the sector to be fairly resilient compared to other recruitment sectors due to the critical role played by purchasing and supply chain professionals in helping companies to cut costs and remain competitive.
We are aware of four members of the UK supply chain recruitment sector entering administration since September. These are:
Richard Bailey Associates
Alexander Chapel Associates
Ellis Fairbank (though we understand the assets were acquired by the directors and the name will continue).
On a more positive note, a new Leeds based recruiter entered the market in the form of PRS (Procurement Recruitment Services), backed by Rilwood Associates.
Recruitment Group Manpower recently launched a new Logistics & Supply Chain division within their Manpower Professionals brand.
Earlier this year Miles McLeod moved from Hudson, where he headed up purchasing and supply chain recruitment activities, and joined McKellan Group where he takes the reigns as Managing Director of their RK Supply Chain division. Commenting on his appointment, McLeod said: - There is much potential in the business and brand, and I am very much looking forward to working with our clients and consultants to build on the success of the business. The supply chain and procurement recruitment market has significant potential for growth and we are well placed to support this growth.
Thanks for taking the time. We are always happy to share information and you are welcome to connect with me via the Linked In network. You will find my profile here: http://www.linkedin.com/profile?viewProfile=&key=1483256&trk=tab_pro
We have also launched a Purchasing & Supply Chain Recruitment Network Group via linked In. You will find the Group page here: http://www.linkedin.com/e/gis/87104 This will be a great resource where recruiters in the sector will be able to open dialogue with other network members, perhaps ask for help, share experience, etc. Both quick and easy to join.