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The importance of an Apprenticeship in Procurement and Supply Chain.

The importance of an Apprenticeship in Procurement and Supply Chain.

Wednesday 13th December 2017
Mandy Chippindale

We must reinforce to businesses the importance of apprenticeships, never mind apprenticeships in Procurement and Supply Chain, apprenticeships full stop. With today's University Fees skyrocketing, as demonstrated in the Guardian below
"It's calculated the average student would leave university with a debt of more than £50,000 - rising to an average of £57,000 for the poorest, who borrow more for their living costs." (https://www.theguardian.com/education/2017/jul/11/student-debt-graduates-tuition-fees)
In conjunction to this the government has introduced the apprenticeship levy, a compulsory tax on employers to help fund the development and delivery of apprenticeships, with the aim of improving the quality and quantity of those available. Employers fall into one of two groups: levy payers and non-levy payers. Employers with a paybill of more than £3 million are required to pay the levy - whether they employ an apprentice or not.
(https://www.aat.org.uk/apprenticeships/employers/apprenticeship-levy)
Taking both of the above into consideration -apprenticeships for employers is a no-brainer, especially if they are paying into the levy anyway. An Apprenticeship in Procurement and Supply Chain - an ever-growing career option for graduates and A 'level' leavers alike is an excellent choice. Procurement hold the purse strings to the entire function of the business. Contracting and procurement is a highly measured activity, Buyers are tasked with bringing specific benefits in a timely matter. Ensuring your business has a trained, energetic professional with a certified CIPS qualification is a guaranteed method in paving the way to loyalty, future business security, skills retention.
For the apprentice, paid employment, with a higher chance of securing a job at the end of the apprenticeship with expected jobs in
Advanced apprentices may work as:
• assistant buyers
• assistant contract officers
• contracts analysts
• stock/inventory controller/planner
And more importantly entering the world of work, debt free.