The Future of Hiring for Supply Chain & Logistics
The supply chain and logistics industry has been experiencing significant shifts in hiring trends, driven by a combination of technological advancements, evolving consumer demands, and the lasting impacts of the COVID-19 pandemic. For hiring managers and senior leadership, understanding these trends and implementing effective strategies to attract and retain talent is crucial for maintaining a competitive edge.
1. Increased Demand for Skilled Professionals
The demand for skilled supply chain and logistics professionals has surged. According to a report by the Association for Supply Chain Management (ASCM), the industry is projected to grow by 4% annually through 2026. This growth is fueled by the need for efficient supply chain operations, especially with the rise of e-commerce.
To attract top talent, companies must offer competitive salaries and benefits. Providing salaries that meet or exceed industry standards, coupled with comprehensive benefits packages, can make positions more attractive to potential candidates.
Additionally, investing in employee development is key to retention. Offering continuous learning opportunities, such as certifications and advanced training programs, can help employees feel valued and motivated to grow within the company. Employee development programs can also be used as a recruiting tool to attract talent by offering long-term advancement within the organization.
2. Creative and Flexible Work Models
The pandemic has accelerated the adoption of remote and hybrid work models in all sectors. Moreover, the rising cost of childcare and the increased need to care for aging family members, have also contributed to workers pushing for more flexible work schedules. The National Association of Manufacturers (NAM) interviewed employees and 63.5% of those workers reported that “they would look for more flexibility in their next role if they were to leave their current company.” To remain competitive, supply chain teams may need to get creative to accommodate these demands.
Offering flexible work arrangements goes beyond remote or hybrid options and may include exploring unique shift arrangements and augmenting teams with temporary “floater” workers as needed. Cross-training employees on multiple production processes will also promote flexibility by allowing workers to swap shifts across teams.
3. Emphasis on Technology and Automation
The rapid integration of new technology and automation into supply chain operations is reshaping the industry. A study by Deloitte found that 79% of supply chain leaders are accelerating their digital transformation efforts. This transition often brings to light skill gaps between tech and manual production processes that an organization needs to fill quickly.
To hire top tech talent, a company must showcase its commitment to technological innovation. Highlighting the use of cutting-edge technologies in job postings and during interviews can appeal to candidates who are eager to work with the latest tools and systems.
Reskilling current employees, especially those workers with heavy institutional knowledge, can help teams bridge the digital gaps and enhance productivity. To retain talent, offer reskilling programs that include hands-on workshops, seminars, and access to online courses.
4. Growing Importance of Sustainability
Sustainability has become a key focus in supply chain management. Companies are increasingly adopting eco-friendly practices to meet regulatory requirements and consumer expectations. According to a report by McKinsey, 43% of supply chain leaders consider sustainability a top priority. Additionally, the IBM Institute for Value reports that 71% of employees and job seekers were more attracted to environmentally sustainable companies.
Promoting your company’s sustainability initiatives can attract environmentally conscious candidates, especially of the younger generation. Highlight your commitment to reducing carbon footprints, using renewable energy, and implementing sustainable sourcing practices in your job descriptions and company website. Prominently display green certifications and impact statistics on recruiting materials.
Involve employees in sustainability efforts by creating green teams or committees. Encouraging employees to participate in sustainability projects can foster a sense of purpose and belonging, enhancing job satisfaction and retention.
Implementing these strategies not only enhances the ability to attract and retain skilled talents but also drives long-term success and resilience in the ever-changing supply chain and logistics industry. Partner with Top Stack to assess your competitive advantage, source talent, and reduce the time to hire.
