In logistics it's all about goods? One might think so. But it is way more than that. It is about people and resources.
This blog demonstrates it with absolute clarity: The success of transportation and logistics operators depends
decisively on the quality and qualifications of its employees. It is likely that this prerequisite will not decrease,
but increase in the future. Considering that, exactly this requirement for success already causes difficulties
today. Qualified personnel determines the factors for the success and survival not only of companies, but also
of entire supply chains.
Many young individuals, managers, and decision-makers do not consider the industry to be attractive enough
to apply for a position in it. That is bad news. The good news is - every company whose managers are capable
of remedying this existence-threatening situation, simultaneously open the door to the future. One important
way to do so is through 'employer branding'. For small and mid-sized enterprises, building a 'recruiting alliance'
with peers can also have a major impact. Successfully handling the future entails things, which are weakly
developed today, namely, adequate future awareness in the executive rankings, or implementation and
regular
use of techniques and tools of corporate foresight.
Thriving in the World of Supply Chain Skill-Set Catastrophe
We live in times of terrible catastrophes and surprising structural breakdowns. The world is spinning faster than
ten years ago. The race is on! Good employees aren't just a commodity anymore; they've become an insufficient
resource. A company's workforce is more than a certain 'head count' or number of 'full-time equivalents'. It's
made up of people with a wide range of technical and soft skills and unique perspectives on their work and their
employer. Diversity is increasing, with employees of different ages, genders and cultural backgrounds working
together. That's a welcome development, because mixed teams often perform better.
The starting position of transportation and logistics companies couldn't be better. They can offer their staff
varied types of work, often in an international and cosmopolitan working environment. That should translate
into popularity with job seekers. But the reality is somewhat different.
Supply Chain
The transportation and logistics industry are confronted with an image that's less than ideal. Work in warehouses
, on ships or in trucks and trains tends to be associated with unpleasant working conditions and a less than
attractive career path. The next generation of talent isn't just concerned with salary and career development,
they want to work for a company with strong values too. We need to mull over a few questions given below:
Will sector companies nonetheless succeed in capitalizing on their advantages and winning the best
employees?
Will they be able to build a strong employer brand?
How will they improve their recruiting, compensation and development strategies?
Will transportation and logistics companies be able to inspire them?
To get some answers, I've put together a holistic scenario.
Will transportation and logistics executives be standing in the winner's circle by 2025? - this paper by PWC
local
offers suggestions on how transportation and logistics companies can position themselves. One thing is clear: the
race is a marathon, not a sprint. Talent management will need to be at the top of the agenda for transportation
and logistics leaders for decades to come.
Studying this paper will help you get off to a running start in your company's own race for talent.
Current Scenario:
The factor with the greatest impact on the talent shortage is changing job requirements. Today, an ideal
employee has both tactical/operational expertise and professional competencies such as analytical skills. More
than 50% of companies say this combination is hard to find. But tomorrow's talent must also excel at leadership,
strategic thinking, innovation and high-level analytic capabilities.
Mostly companies say "perceived lack of opportunity for career growth" and "perceived status of supply chain
as a profession" as having a high or very high impact on their ability to find, attract and retain talent.
From the viewpoint of a few companies, supply chain is as important as other disciplines. In contrast, most
companies see supply chain talent's value in a situational context - i.e., either a commodity or corporate asset,
depending on the level and position.
Leading companies are working on the shortage problem. They are taking steps to create more robust talent
pipelines, and develop their supply chain workforce - through clear career path, education, cultural adaptation,
talent development partnerships and other means.
Take a look at some Talent Management Myths:
Talent management is HR's responsibility
Talent can neither be measured nor managed
We cannot afford to spend on talent recruitment and development
Talent development is primarily about teaching supply chain contentA one-size-fits-all solution will
work for talent development. Internal (or external) resources are always better
Talent development will happen naturally and informally
We are so far behind that we should give up now. In order to provide a broad perspective on supply
chain talent development, we focused on below mentioned categories of talent management:
Specific supply chain strategies are influenced by external parameters, business plan strategies and
performance expectation as tactical supply chain strategies. (External parameters force to drive corporate-
level
business plans while performance strategies are shaped by business plan strategies)
Top External Parameters
Changing oil/Raw material prices
Government Regulatory Changes
Increased competition from established competitors
Spot shortages of key raw materials
Changing customer requirements
Business Vision
Achieve high service quality
Reduce the cost of purchase
Company Name: DiLX
Company URL: https://www.dilx.co/insights/supply-chain-skill-set-catastrophe-what-can-go-wrong-and-how-to-deal-with-it/
