Because not enough students are going into trade schools there is a shortage of people with the needed skills, according to a report on the so-called "skills gap," produced by The College of William and Mary on behalf of companies who distribute equipment for construction, agricultural, industrial and related industries.
Ninety-seven percent of millennials think they'll be the generation to finally achieve equal opportunities for women in the workplace. However, they are pragmatic about when it will happen, estimating it will take another 21 years. The most optimistic were established male leaders, who estimate the playing field will be level in the next 14 years, despite the fact they hold the power and influence at a time when progress is stalling.
At 29 years of age, Katy Conrad, site lead at Shell's Geismar Chemical Plant, is a terrific ambassador for her profession. She loves everything about supply management - working with smart engineering and business professionals, solving tough problems, and making a bottom-line impact. At Shell, she has delivered significant savings, built a regional B2B sourcing strategy, and held an overseas assignment.
A recent survey of 37,000 global employers performed by staffing firm Manpower reported that 36 percent say they're having trouble filling available positions. Of those respondents, 35 percent cite a lack of hard skills or "technical competencies" as the reason, while 25 percent cite a lack of experience and 19 percent say a lack of soft skills makes it difficult to fill available roles.
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