Supply chains were originally defined as encompassing all activities associated with the flow and transformation of goods from raw materials through to the end user, as well as the associated information flows.
Workforce Development The war for talent in the supply chain and logistics industry has reshaped strategies for hiring, recruiting, training and maintaining top talent management. Many supply chain and logistics organizations find it increasingly challenging to recruit talent for critical jobs.
The high turnover of supply chain and logistics employees is also rapidly increasing and contributing to the problem. Those supply chain leaders who attempt to hire from within the company only come to the realization they should have invested in mentoring and training programs years ago.
Recruiting, training, and mentoring high-performance talent It is crucial to develop more than one strategy to recruit and train talent. Adoption of new technologies, processes and business models requires your employees to posses the latest knowledge of those technologies, processes and business models.
In many cases, recruiting talent with the vision of giving them in-house training is the best and most efficient option. Invest in the future of your supply chain New college graduates are in high demand for the entry level of the supply chain, which possesses positions second in demand only to middle-management roles.
Recruiting from engineering and tech programs is a good place to start. Offering paid internships or scholarships to students majoring in supply chain management might garner interest in pursuing careers in the industry.
This could boost scholastic achievement that would be beneficial for both students and the future of supply chain organizations.
Sending guest speakers to campuses who can explain the benefits of being part of the high-tech supply chain and logistics family, and how the industry is moving fast toward a brilliant future, is a great way to foster excitement for a supply chain career path.
There is currently a need for a program like this to inform young people of the possibilities that the supply chain and logistics industry holds.
Cross-functional training and skill development Nurturing talent development in supply chain planning and sales and operations planning is critical, as finding those skillsets prove one of the greatest challenges supply chain leaders are facing today.
It is hard to find and train a replacement of a position that requires understanding of technology, process mechanics and the business process. To solve this problem, is it highly recommended to develop a plan of cross-training and skill development across jobs in order to improve organizational resiliency.
Training programs should incorporate individual skill assessment. This way it is easy to identify skills gaps. Programs should also be designed according to learning pace, style, and personal objectives with specific goals and timelines. Tisha Danehl Vice President of Ajilon Professional Staffing Show the love Thoughtful and well-developed compensation and incentive programs should be an integral part of your retention strategy.
The best formula to retain talent is to make your employees feel valued. Recognition plays a big part in this. A sense of being appreciated acts as a boomerang, boosting job satisfaction, creating harmony in the work environment and triggering loyalty. Once you were able to recruit and train your talent, retention should be the easiest part of the process.
Create a culture of appreciation, respect and value for your employees and success will follow.Based in Greenville, ECU offers two bachelor’s degrees in supply chain attheheels.comts with two years of college experience can complete the university's bachelor's of science in business administration degree completion program with a concentration in operations and supply chain management.
No matter how attainable that goal is, one of the major secrets behind Amazon’s massive transformation from a simple online bookseller to the most dominant and formidable force in the retail industry is its innovative and highly efficient supply chain.
A supply chain is the connected network of individuals, organizations, resources, activities, and technologies involved in the manufacture and sale of a product or service.
Operations management focuses on carefully managing the processes to produce and distribute products and services. Major, overall activities often include product creation, development, production and distribution.
(These activities are also associated with Product and Service Management.) Related. Tax efficient supply chain management is a business model that considers the effect of tax in the design and implementation of supply chain management. As the consequence of globalization, cross-national businesses pay different tax rates in different countries.
The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management .