Search Company:
DHL Concerned that Demand for Supply Chain Professionals Exceeds Supply by Six to On.
US – WORLDWIDE – DHL has called upon industry leaders to recognise the growing talent gap crisis in the supply chain sector, saying that the impact of digitalisation and the status of the supply chain profession are driving a global industry talent shortage. The US Bureau of Labor Statistics reports that jobs in logistics are estimated to grow by 26% between 2010 and 2020. Furthermore, one global study estimated that demand for supply chain professionals exceeds supply by a ratio of 6:1, with some predicting that ratio could be as drastic as 9:1.
DHL surveyed more than 350 supply chain and operations professionals in five global regions. The findings revealed that there are a number of reasons contributing to the talent shortage crisis in a rapidly evolving field. The report ‘The Supply Chain Talent Shortage: From Gap to Crisis’ was commissioned by DHL and authored by Lisa Harrington, President of the lharrington group. The report highlights the key supply chain talent challenges experienced today, and identifies opportunities for businesses to compete on a global stage. The survey revealed the top factors driving the talent shortage:
- Changing skill requirements: Today, the ideal employee has both tactical/operational expertise and professional competencies such as analytical skills. 58% 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 and technological capabilities.
- Aging workforce: As much as a third of the current workforce is at or beyond the retirement age.
- Lack of development: One third of companies surveyed have taken no steps to create or feed their future talent pipeline.
- Perception that supply chain jobs lack excitement: The industry is still contending with the impression that other fields are more prestigious and offer more opportunities, fuelling lack of interest in the industry within the world’s future workforce.
Lisa Harrington explained:
“Leading companies understand that their supply chains – and the people who run them - are essential to their ability to grow profitably. However, the task of finding people with the right skillsets required to run these highly complex operations is increasingly difficult – especially at the middle- and upper management levels. Unless companies solve this problem, it could threaten their very ability to compete on the global stage. Read more
Source: HANDY SHIPPING GUIDE
