Finding potential leaders among supply chain employees begins with treating everyone fairly, not equally, says Gough Grubbs, senior vice president of Stage Stores. Not everyone has the desire or drive for leadership and recognizing those who do is the first step toward success, he says.
Private companies, expecting revenue growth to soar far past that of gross domestic product (GDP), are in a hiring mode not seen since pre-recession days.
While various GDP forecasts for the United States call for 2014 growth of less than 3 percent, the average predicted revenue gain for the next 12 months, among 213 private companies surveyed by PricewaterhouseCoopers between January and April, was 8.5 percent.
How can a $1.3tr industry, getting bigger every year, be hidden in plain sight? Easy. The vast U.S. logistics business, which delivers 48 million tons of freight (worth about $48bn) daily and already employs roughly 6 million people, operates mostly behind the scenes.
Supply chain fleet managers are the uncelebrated heroes of today's economy. By orchestrating the vital link between supplier and consumer, they are responsible for ensuring the uninterrupted flow of commerce despite numerous challenges affecting productivity, safety and customer satisfaction. Here is a look at the top supply chain fleet management challenges in 2014, along with key tips to help fleet managers overcome those challenges.
Analyst Insight: APQC's research indicates that organizations need to prepare for the future in terms of supply chain talent. New supply chain hires are often only somewhat prepared for the jobs they will be doing, and although most organizations recognize the need for talent management programs directed at supply chain staff, many have not created such programs. What does this mean for organizations that have large numbers of employees on the brink of retirement? - Andrea Stroud, Research Program Manager, APQC
There is a serious and growing talent shortage in the supply chain profession. Art van Bodegraven of Discovery Executive Services discusses what's behind the talent gap and and how to address it.