Analyst Insight: In a time of rapid political and economic change, uncertainty and tight budgets, R&D and education can often get short shrift. Perversely those are the times when the latest ideas are needed the most - especially for professionals wanting to learn and implement new techniques. – Kate Vitasek, faculty member, University of Tennessee's Haslam College of Business Administration
Analyst Insight: Today's supply-chain industry is currently dealing with a shortage of talent to fill critical positions. Unfortunately, many companies are also finding the skills in their current workforce lacking in order to manage today's complex business environment. In light of this, many universities are offering more educational opportunities to assist developing the talent base in the supply chain through online master's programs. – Karl Manrodt, professor of logistics and supply chain management, Georgia College, and Donnie Williams, assistant professor of logistics and supply chain management, Georgia College
Analyst Insight: The most important resource for the supply chain moving forward is people. However, the outlook is grim. The world's labor supply is shrinking, which has huge implications at a macro level on GDP and economic growth and at a business level in terms of available talent. The world labor supply hit an inflection point in 2012, when the proportion of nonworking age population "growth" became greater than the working age population. – John Johnson, senior content specialist, Gartner
Millennials aren't flocking to the logistics business, prompting The International Air Cargo Association (TIACA) to back a program of visits aimed at improving collaboration across the air cargo supply chain.
USC mechanical engineering junior Stephanie Balais developed a passion for aerospace after joining the university's AeroDesign team and helping to construct an airplane fuselage hours before transporting the plane to a competition in Kansas.