Why are SMEs opting for procurement interims?

Date Posted: 18/12/2018 Category:
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Why are SMEs opting for procurement interims?

Date Posted: 18/12/2018 Category:

Organisations are looking to get more competitive, especially the small and medium-sized enterprises (SMEs). They are trying to take on the big companies and brands, and one of the ways of doing this is by opting for procurement interims.

The need for procurement contract staff

SMEs, like many other organisations, are finding it tough to attract and retain the right talent. In a highly competitive market, it has become important to get raw materials, products and services quickly to be able to cater to the demands of customers and ensure high customer satisfaction.

To overcome a shortage of procurement professionals, many SMEs are turning to procurement interims to fill the talent gap they are experiencing. This enables them to keep their supply chains running smoothly while also fulfilling the requirement of their customers.

Why choose interims?

Most procurement interims have technical expertise and experience and are looking for positions that allow them to use their skills and talents. It also enables them to maintain a good work-life balance. When organisations do not have the right talent and want a stop-gap professional to streamline the procurement and supply chains, it is best to opt for an interim. They can use their vast knowledge and expertise to train other members in the team and, once the interim leaves, their company will have trained professionals to run the procurement.

Selecting a procurement interim will also allow organisations to reduce their overheads. Interims do not need contracts and other benefits that full-time permanent employees get. While you pay them well, there is no need for PAYE and other obligations. Therefore, this brings down the overall cost of hiring the professional.

Furthermore, many procurement interims are experienced and have the right connections with suppliers and vendors that they have cultivated over the years. Your organisation may end up getting a better supplier to maintain high quality without a price increase. 

Final words

Procurement interims can add value to SMEs and help them compete with large companies on an equal footing. Once the procurement and supply chains get streamlined, SMEs can benefit tremendously and become competitive.

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