On-demand Learning Platforms
War for Talents: Retain Skilled Workforce in Procurement Industry
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Trend Definition
What is the essence of this trend? What is its impact?
- Essence: On-demand learning platforms provide tailored, pace-adjustable training for professionals focusing on a variety of topics relevant to the daily and future course of business
- Impact: Such platforms contribute to the development of a more agile and competitive organisation, keeping it abreast of current practices and innovations in its field
Trend Drivers
Why is this trend emerging now? What’s changing?
- Digital Transformation: The shift towards digital processes necessitates new skills that extend the current base in order to tackle the challenges of the future, especially in the field of technology such as AI or blockchain
- Sustainability and Ethical Practices: Growing focus on sustainable and ethical practices requires updated and flexible on-demand training options in these areas
- Rise of Personalised Learning: Due to the complexity of today’s environment, personalised learning is of increasing importance, further fostered through the rise of individual learning platforms
Use Cases
How to apply this trend?
- Procurement Learning Platform: Procurement-focused e-learning for professionals
Example: Skill Dynamics offers supply chain and procurement-focused courses to professionals across industries, employing a 3D-Gamification learning platform for an engaging educational experience and attracting customers such as ABB or Siemens
Enhancing Partner Development: Offer training beyond the company’s own boundaries
Example: Global leaders such as Apple or Toyota offer training based on their wide knowledge to suppliers in order to increase performance and ESG compliance
Procurement Relevance & Response Strategies
How should Procurement adapt its Processes, Organisation, and Strategy?
- Integration with Procurement Tools: Embed learning modules directly into procurement software tools for immediate application of new skills and concepts
- Regular Skills Audits and Adaptive Learning: Conduct regular skills audits to identify emerging needs, adapt content accordingly, and allow a certain share of working time to be contributed towards training to benefit from the latest procurement developments