May 31st, 2016

Hiring and Retaining the New Supply Chain Workforce

Hiring and Retaining the New Supply Chain Workforce

Skills requirements for the supply chain workforce are changing fast, driven mainly by the growth in globalisation and the technology advances which will continue to transform the way supply chains operate. Moreover, tribal knowledge; the inherent wisdom acquired and held by veteran employees, is under threat as industries feel the effect of an aging workforce. As recently revealed in Logistics Bureau’s 2015 Australian Supply Chain Report, the logistics and warehousing sector fields a workforce comprising nearly 40% of employees over 45 years of age.   The New Supply Chain Workforce: What’s Changing? Careers in supply chain are in demand, but still there is a shortage of candidates with the right mix of skills to be effective at a transformational time in the industry. In short, supply chain companies need more generalists, but can’t afford to lose the specialist knowledge held by employees who may soon step down from full-time employment and enjoy their well earned retirements. It’s pretty much a seller’s market out there too, so if your company can’t offer something to make it stand out from other supply chain workforce buyers, hiring top talent isn’t going to be easy. Similarly, retention can be tricky when other employers are trying to lure your best employees away.   Preparing the New Supply Chain Workforce So what does it take to hire and retain the right talent in 2016 and beyond? Three words can answer that question—visualise, prioritise, and collaborate! Visualise: Perhaps I should really say “help employees to visualise”. What I’m talking about here is providing clarity around the potential career path of each individual in the supply chain workforce. Give your employees a view of their growth opportunities within your organisation. Companies which do this enjoy better employee engagement and retention. Prioritise: Unless your company is very small indeed, it’s time to shift the approach to recruitment and raise its priority. If you want to hire the best talent you can afford, waiting until you have an appointment to fill is probably a mistake. Companies which have the most success in hiring for the new supply chain workforce are those which remain constantly on the lookout for recruits. When openings do become available, those companies already have their finger on the pulse and target potential talent which they’ve already identified. Collaborate: The need for collaboration kicks in when your new hires are on board. Don’t waste any time...

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