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SUPPLY CHAIN TALENT CRISIS | THE IMBALANCE IN THE FUTURE LOGISTICS MANAGEMENT WORKFORCE

Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

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Page 1: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

SUPPLY CHAIN TALENT CRISIS | THE IMBALANCE IN THE FUTURE

LOGISTICS MANAGEMENT WORKFORCE

Page 2: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

JOIN THE CONVERSATION ON TWITTER

@XENETA_AS

Page 3: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

ABOUTXENETA

At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta.

With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution to these challenges.

WE ARE TRANSFORMING GLOBAL LOGISTICS

Page 4: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

ARE YOU PAYING THE RIGHT CONTAINER

FREIGHT RATES?

DISCOVER SAVINGS POTENTIAL IN REAL

TIME.

CONTACT US.

Page 5: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

SUPPLY CHAIN PROGRAMS AREN’T GRADUATING ENOUGH NEW PRACTITIONERS

TO REPLACE THOSE EXITING IN THE WORKFORCE, BUT THE TALENT CRISIS IS ABOUT MORE THAN DEMOGRAPHICS: A

SHIFT IN THINKING MUST ALSO TAKE PLACE AT THE CORPORATE LEVEL AND IN

ACADEMIA TO DEVELOP TALENT THAT CAN COLLABORATE IN TODAY’S SUPPLY CHAINS.

- Amydee M. Fawcett and Stanley E. Fawcett

Page 6: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

IF BUSINESSES WANT TO BE ABLE TO STAY AFLOAT

DURING THIS SHORTAGE OF WELL-TRAINED PERSONNEL, THEY’RE GOING TO HAVE TO

CHANGE THE WAY THEY APPROACH THE SITUATION.

Page 7: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

LACK OF TECH SKILLS

Page 8: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

THE REAL ISSUE IS THAT THE

OTHER NECESSARY SKILL

SETS, THE ONES NECESSARY TO

MAKE GOOD SUPPLY CHAIN LEADERS, ARE

WHAT IS LACKING.

Page 9: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

IT IS ESSENTIAL THAT WE RECOGNIZE THAT MOST MANAGERS DO NOT CURRENTLY

POSSESS THE SKILLS OR MINDSET NEEDED TO OPERATE IN AN EXTENDED ENTERPRISE

ENVIRONMENT

- Amydee M. Fawcett and Stanley E. Fawcett

Page 10: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

THINK OUTSIDE THE SQUARE

Page 11: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

ULTIMATELY IT COMES DOWN TO A VERY SIMPLE IDEA. NOT ALL PEOPLE NECESSARILY PLAY WELL WITH OTHERS. THAT’S NOT TO SAY THAT THEY AREN’T CAPABLE OF WORKING IN A TEAM SETTING. IT SEEMS THAT AN INDIVIDUALISTIC APPROACH IS TYPICALLY MORE PRAISED.

Page 12: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

THIS CAN LEAD TO WOULD-BE LEADERS LACKING IN THE

NECESSARY SKILLS TO PERFORM AND WORK AS A COHESIVE UNIT,

WHICH IS EXACTLY WHAT IS DEMANDED OF A SKILLED SUPPLY

CHAIN MANAGER.

Page 13: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

IN ADDITION TO THE LACK OF COHESION, THERE’S ALSO A LACK OF INNOVATION. TIMES ARE CHANGING, THERE’S SIMPLY NO DENYING THIS FACT.

CUSTOMERS’ DEMANDS AND EXPECTATIONS ARE GROWING INCREASINGLY HUNGRY FOR RAPID DELIVERY AND BETTER SERVICE. WITH THAT SAID, THE WAY THINGS HAVE BEEN DONE IN THE PAST SIMPLY AREN’T GOING TO CUT IT.

FOR THIS VERY REASON, SUPPLY CHAIN MANAGERS NEED TO BE ABLE TO THINK IN WAYS OTHER THAN THE STRAIGHTFORWARD, LATERAL PARADIGM THAT TENDS TO BE ALL TOO COMMON IN OUR EDUCATION.

IT IS ESSENTIAL THAT WE RECOGNIZE THAT MOST MANAGERS DO NOT CURRENTLY

POSSESS THE SKILLS OR MINDSET NEEDED TO OPERATE IN AN EXTENDED ENTERPRISE

ENVIRONMENT

- Amydee M. Fawcett and Stanley E. Fawcett

Page 14: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

LEARN HOW XENETA CAN HELPYOU GET INSIGHT AND

INTELLIGENCE INTO YOUR GLOBAL OCEAN FREIGHT PRICES AND CHANGE YOUR LOGISTICS

BUSINESS:

REQUEST DEMO NOW

Page 15: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

PERHAPS THE MOST POIGNANT LESSON TO BE LEARNED IS THIS. THE FAULT ISN’T SO MUCH WITH THE FRESH FACES THAT ARE LOOKING TO STEP INTO THE GAME, BUT MORE OF THE TOOLS THEY’RE GIVEN TO WORK WITH.

IF YOU WANT QUALITY PEOPLE, YOU HAVE TO GIVE THEM THE RIGHT TOOLS IN ORDER TO HONE THEIR SKILLS AND DEVELOP THE SKILL SETS NECESSARY TO BE SUCCESSFUL.

IT’S FAR TOO EASY TO FALL INTO THE TRAP OF COMPLACENCY, WORKING WITH THE OLD WAYS OF DOING THING AND EXPECTING DIFFERENT RESULTS, SOMETHING VERY SIMILAR TO EINSTEIN'S DEFINITION OF INSANITY. THE QUESTION IS, WHAT ARE YOU GOING TO DO TO MAKE A DIFFERENCE?

Page 16: Supply Chain Talent Crisis | The Imbalance in the Future Logistics Management Workforce

TOOLS NEEDED TO SUPPORT PERSONNEL GROWTH