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In this highly competitive job market, more is needed for students to learn the supplychain theory simply. Due to the quick movement and fast reaction of global logistics, the new generation entering the supplychain industry must learn and master some vital technical and soft skills.
It is still critically important that SupplyChain employees understand the basics of how the SupplyChain works. This basic knowledge is essential because the SupplyChain experts are the ones who will define, design and shape the direction that Technology takes as it applies to the Digital SupplyChain.
A study commissioned by the World Bank calls for a substantial increase in logistics training at all levels to address a global shortage of logisticsskills. One response to the need for more innovative educational models is the MicroMasters Credential in Supply […].
Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supplychains rather than temporary fixes, we believe a comprehensive approach to reskilling supplychain professionals is essential to meet future demands.
SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.
It requires a collective effort between suppliers, logistics providers, manufacturers, and customers to keep things moving efficiently. Many are integrating Sales & Operations Planning (S&OP) with finance and logistics to improve decision-making.
We enable them by providing high-quality supplychain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, SupplyChain Digitalization , , and Negotiation in Procurement.
Zaragoza, Spain, where the Zaragoza Logistics Center is based, an employment bright spot in Europe. The unemployment rate in Europe is around 12% and in Spain is about 25%, yet the current jobless rate for graduates of the MIT Zaragoza Master in Logistics and SupplyChain Management program in Zaragoza, Spain, is zero.
Why Choose a Job in the SupplyChain Industry? And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. Getting Started in SupplyChain. For example, you can be doing finance in supplychain, or you can be doing operations.
Quantum Leap to the Top 10 SupplyChainSkills of the Future! . We’ve just introduced a new Job Board here at SupplyChain Game Changer! Consider what constitutes SupplyChain. The skills that SupplyChain people needed decades ago will evolve with the continued advancement of technology.
Our research advisory report for 2023 begins with a review of the themes of our prior three years of predictions and the derived learning for the supplychain management community.
Managed services solutions offer transportation management system (TMS) software and third-party provider expertise in one package. The managed services space appears to be growing in all segments, including the one occupied by shippers with annual transportation budgets in the $10 million to $50 million range.
Customs experts are an often unsung, but important, part of strategic Logistics operations. On the Argentus blog, we support our recruitment business by shining the light on all things SupplyChain Management. Import/Export professionals are on the Logistics branch of the larger SupplyChain Management tree.
The role of supplychain workers, simply put, is to contribute to or manage the process of producing the right amount of the right goods and getting them to the end-customer at the right time, ensuring customer satisfaction while being profitable. This adds up to considerable potential for varied and satisfying supplychain careers.
Whether you are in Logistics, Distribution, Transportation, Procurement, Purchasing, Planning, Warehousing, Management, and more your skills will become harder and harder for employers to find.
Impact on SupplyChain: The realm of SupplyChain has witnessed a profound impact courtesy of Professor Rodriguez, a distinguished SupplyChain Management instructor and seasoned logistics professional.
The SupplyChain Matters blog announces the availability of our latest recorded podcast- What SupplyChain Leaders Should Anticipate in Leadership and Workforce Reskilling Needs in 2025. Podcast Overview This episode is a prelude to our annual 2025 predictions Research Advisory that will publish in January.
In this SupplyChain Matters posting we want to alert our readers to an upcoming and rather timely podcast that will initially publish next week on this platform. This podcast is titled- What SupplyChain Leaders Should Anticipate in Leadership and Workforce Reskilling Needs in 2025.
One prominent speaker was MIT Professor Yossi Sheffi, Director of the MIT Center for Transportation and Logistics , who specifically addressed advanced AI’s impacts on supplychain processes and future decision-making.
That will have a direct impact on the dynamics of global container shipping, airfreight and logistics networks. Our overall theme for industry and global supplychains for 2023 is a Year of Adaptation, Realignment and Response to Economic and Geopolitical Forces. Global Wide Transportation and Logistics.
Every part of your SupplyChain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. With the advent of the Digital SupplyChain professionals in the field need to know more than ever before and have a broader skill set.
Many supplychain operations workers were declared essential to public health and to emergency response. Online retail has become essential as has online customer fulfillment logistics. Such capabilities will provide added acceleration to logistics in-transit visibility at some point in the near future.
The Teamsters labor union, after negotiating significant wage, cost-of-living and other benefit increases from UPS, has also vowed to increase organizing efforts within existing transportation and logistics non-unionized workforces including Amazon.
That’s fine because the supplychain is typically an enabler for business, except in the case of transport companies and 3PLs, which of course, exist to service other companies’ supplychains. Both of them cost money, but if you can finance either option, the long-term results should be well worthwhile.
Here is our interview with a true SupplyChain leader, Mike Croza! Like many people who “fell” into SupplyChain and Logistics, the profession was not an initial chosen field. And as SupplyChain is now mainstream and seen as a very strategic part of the business, solutions and capabilities need to be built.
Part Three of this series shared our fourth prediction that was focused on different priorities for supplychain talent, skills retention and employee retention strategies with different priorities in 2023.
Transportation Industry Labor Contracts Among other labor contracts scheduled for 2024 negotiations are: Canadian railroad workers involving CN Rail and Via Rail S. Labor contracts involving other key industry participants including Lockheed and engine supplier Pratt & Whitney , a division of RTX Corporation are upcoming this year.
The Ferrari Consulting and Research Group , through its affiliated SupplyChain Matters blog, announces the release of a second published research advisory in an overall three-part series: The Importance of SupplyChain and Human Resources Strategy Alignment for Addressing Talent Recruitment and Retention Needs- Part Two.
The SupplyChain Matters blog calls reader attention to a recently published podcast featuring supplychain technology industry analyst Bob Ferrari speaking on a very timely topic.
The Ferrari Consulting and Research Group highlights the release of a second published research advisory on the Importance of supplychain and HR alignment for talent lifecycle needs. Background.
The SupplyChain Matters blo g provides highlights of the ASCM 2023 Salary and Career Report released this week which depicts responses depicting high job satisfaction and compensation levels. In the area of increasing Diversity, Equity and Inclusion, the responses indicate some narrowing of gaps but added efforts needed.
The global wide transportation and logistics industry output contraction of 2023 taking an added economic toll on services providers and on certain service levels. However, efforts will take on different levels of prioritization among specific industries or businesses.
More shippers today appear to be outsourcing some or all of their logistics. How does a company decide that outsourcing logistics is the right choice? Robinson help companies simplify their global supplychains. Robinson supplies a competitive advantage to companies of all sizes. >>Please Choose country.
Technologists utilize the term “narrow AI” to depict artificial intelligence and machine learning technology that is currently being successfully deployed among specific supplychain business process and decision-making areas.
That is especially the case with global transportation costs and disruptions on the increase. production workers such as those in the automotive, commercial aircraft and logistics services industries that have and continue to occur, workers equate wages to both skill levels along with overall cost of living economic dimensions.
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