The global health crisis throughout 2020 has hit many industries hard. With the coming of vaccines, a recent survey conducted by Ethos BeathChapman has shown a glimpse of hope for the future.
Last year, about 1 in 2 (52.1%) of supply chain and procurement professionals described hiring freezes and retrenchments as their hiring behaviour. In 2021, an optimistic hiring sentiment and a gradual recovery in Singapore and Southeast Asia’s supply chain and procurement recruitment market are found.
The survey also revealed that 51.6% of companies anticipate that their teams will hire moderately and for replacement roles in 2021. Although permanent hiring has traditionally been prioritised in Singapore and Southeast Asia, survey results interestingly hints at contract hiring becoming a realistic proposition for some companies.
“While the market will not expect an abundance of newly created jobs in 2021, there will be optimistic opportunities for supply chain and procurement professionals to upskill and embrace new responsibilities in 2021,” says Robert Wisdom, director of Ethos BeathChapman’s Supply Chain and Procurement practice.
Other trends uncovered by the survey include:
Download the full survey report here.