When finding your ideal role in procurement and supply chain, size matters. You’ve already made the wise decision to join this exciting and innovative sector. Still, you want to choose the best environment for your personality, goals, aspirations and circumstances.
Big and small consultancies offer their own set of advantages and drawbacks which are well worth reviewing before you begin your search. This article outlines the pros and cons of working for both, so you can make an informed decision that will fulfil your personal and professional goals, long into the future. Here’s what you need to know about working in small and large procurement and supply chain consultancies.
Big procurement and supply chain consultancies: The pros
Large consultancies can provide exciting opportunities and great exposure to a variety of high-profile projects and some of the leading lights in the procurement and supply chain sector. However, there are downsides too. Let’s take a look at both the pros and cons of big consultancies.
1. Prestige and recognition
This isn’t always the case, but joining a larger consultancy often comes with the prestige of being associated with well-known brands. Alongside the budgets and benefits you may enjoy when working with household names, having these businesses on your resume can open doors and provide significant leverage in your career.
2. Resources and opportunities
Big consultancies typically have plenty of resources at their disposal. Again, it’s not always guaranteed but choosing a role with a larger procurement and supply chain consultancy may mean you have access to the latest tech and tools, extensive training programs and the opportunity to work on high-impact, high-profile projects. Being exposed to these additional resources can significantly accelerate your learning curve and ensure your skills remain relevant and up to date. Plus, it can give your earning potential a serious boost!
3. Networking
Bigger consultancies have considerably larger numbers of employees and a substantial global footprint. This means you’ll have access to extensive and varied networking opportunities. You’ll have the chance to connect with experts, attend high-profile industry events and build a diverse professional network that can be invaluable throughout your procurement and supply chain career.
4. Structured career path
Not everyone wants a clear career path, but if that’s important you may find that big consultancies are a better fit. Big consultancies often have well-defined career trajectories and progression opportunities with transparent performance metrics and promotion criteria. And if you’re looking for a bit of a change or the opportunity to travel and experience different cultures, there could be potential for international assignments.
Big consultancy: The cons
1. Possible impact on work-life balance
The demanding nature of projects at big consultancies can lead to long hours and significant travel. The high expectations and rigorous schedules may make it challenging to maintain a healthy work-life balance, leading to burnout if not managed properly. If you are considering a job at a large consultancy you can always ask your procurement and supply chain recruitment consultant about the workplace culture at the organisation. Not every multinational has these sorts of requirements, after all!
2. Limited autonomy
In a large organisation, processes and protocols are often highly standardised. This can limit your ability to innovate or implement changes quickly. If you thrive on independence and have an entrepreneurial spirit, you might find the bureaucracy rather stifling.
3. Competitive environment
The competitive nature of big consultancies is both a pro and a con. While it can drive high performance and ambition, it can also create a high-pressure environment that requires a thick skin. Constantly needing to prove yourself and compete for promotions isn’t for everyone.
Small procurement and supply chain consultancy: The pros
Small but perfectly formed, modestly-sized procurement and supply chain consultancies are great for ambitious professionals who want to make their mark. However, they may hold some candidates back. Let’s take a look at the benefits and drawbacks of smaller consultancies.
1. Diverse responsibilities
In a small consultancy, you’re likely to be asked to wear several hats. This can provide a broader range of experiences and the opportunity to develop a versatile skill set which should keep you motivated and inspired. You’ll often have more hands-on involvement in projects, allowing for a deeper understanding of different facets of the business.
2. Close-knit team
Working in a smaller team helps to foster a sense of camaraderie and close working relationships. The collaborative environment often means more direct communication and a supportive culture where your contributions – and your unique character – are easily recognised and appreciated.
3. Flexibility and innovation
Smaller consultancies tend to be more agile and flexible. With fewer layers of management and fewer bureaucratic obstacles, decision-making is quicker and there’s more room for innovation. If you have an entrepreneurial mindset, this environment can be highly rewarding.
4. Work-life balance
As with larger agencies, this can vary, but smaller consultancies may offer better work-life balance compared to their larger counterparts. The culture can be less formal and more flexible and accommodating, leading to a more enjoyable and balanced work experience.
Small consultancy: The cons
1. Limited resources
Smaller firms may not have the same amount of available resources as big consultancies. This can mean reduced access to the latest tools and technologies, fewer training opportunities and potentially a narrower scope of projects.
2. Less prestige
A smaller consultancy might not have the same brand recognition as a larger one. This could impact your resume and the perceived value of your experience in the eyes of future employers.
3. Career progression
The flexibility and hands-on culture we mentioned above may also result in a less clear-cut or structured career path. With fewer senior positions available, advancement can sometimes be slower or less predictable.
Making the right decision
Choosing between a big and small consultancy ultimately comes down to personal preference, the kind of workplace culture you are seeking, your personality and mindset and – of course – your career goals. Here are some tips to help you decide:
1. Carry out an honest self-assessment
Consider your career aspirations, work style and personal values. Do you thrive in a structured environment with clear progression, or do you prefer a flexible, innovative space where you can try out lots of different projects and tasks? If you aren’t sure, ask your peers and friends about their impressions of the way you work or think back to what past employers or college tutors said about your strengths, attitude and approach.
2. Do your research
Look into specific companies you have an interest in; their cultures, workplace hierarchies, opportunities and the types of projects they handle. Talk to current and former employees if you can to get a sense of what day-to-day life is like. You can also talk to the team at Bramwith who will be more than happy to discuss what kinds of procurement and supply chain companies and roles might suit you.
3. Consider both short and long-term goals
A job isn’t necessarily for life, but it’s a good idea to think about where you want to be in 5-10 years. Then you can start working out which environment aligns better with your long-term career objectives and your life plans.
4. Work-life balance
This is the perfect moment to evaluate how important work-life balance is to you. Consider the typical hours and travel requirements of roles at both big and small consultancies. Will you be able to cope with staying late regularly without it affecting your mental and physical health? Or perhaps you are happy to sacrifice your personal life to achieve more in your career. There is no right answer here, it is all about discovering what is best for you.
5. Networking
Learning from others is incredibly valuable. Leverage your network to gather insights and advice from professionals who have experience in both settings. Their firsthand knowledge can provide useful perspectives to ensure you make the right decision.
Your next steps
In the end, both big and small consultancies offer unique opportunities and challenges. By carefully considering your preferences, motivations and career goals, you can make a decision that will set you on a path to a fulfilling and successful career in procurement and supply chain.
Whether you’re looking for a new role or starting out in your career, we’d love to help. We are connected to some of the most exciting, innovative and successful procurement and supply chain businesses in the world. Companies that are actively looking for talented and ambitious professionals. Contact us today and start your journey to your ideal procurement and supply chain role.
