2019 Global SRM Research Report - grow supplier innovation

PEOPLE

Nearly a third of followers have no provision for SRM training Leaders, fast followers and followers compared in their SRM skills investments

Snapshot analysis

SRM leaders make by far the biggest investment in people and skills development. However, the leader group is far from perfect. Only half of them have completed an SRM skills and competency assessment. In skills, organisations are as strong as their weakest link. If they are unsure of their current level of SRM skills, how do they know what training they need? Not only do we see a lack of investment in skills, but we also see that some investment may be wasted.

Leader

Fast Follower

Follower

Defined the main SRM role

94%

86%

49%

91% Defined the SRM roles of operational personnel that support SRM 56% 34%

Created or updated job descriptions

75%

56%

25%

66% Developed an SRM skills and competency framework 50% 16% 51% Completed an SRM skills and competency assessment 38% 9% 77% Included SRM in personal performance measures 65% 28%

Provided SRM training

89%

74%

36%

The biggest gaps between demand and supplier of SRM skills are within the areas organisations say are most important to SRM.

64

STATE OF FLUX

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