If you’re seeking to advance your career in the supply chain discipline, you might be heartened to know that conditions may soon make it easier to find a senior level position in the supply chain discipline. Many experts believe that there will soon be a large talent gap within the profession. And when there’s a talent gap, there will be a larger number of positions to fill than normal, thereby giving you a much better chance at landing a good job toward the top.
There are a number of trends that are occurring within the supply chain discipline that, when combined together, create a perfect storm that has led to supply chain discipline professionals predicting a shortage in talent in the next few years.
These trends include:
Business faculty shortages – Of the current full-time business faculty in the U.S., roughly one percent are within the supply chain field. A shortfall of new business doctorates that will be available for faculty employment is also expected.
The profession dynamics are changing – It’s expected that 75 percent of supply chain jobs will change this year, suggesting that hard analytical skills are no longer sufficient for the job. Soft and hard skills, cross-functional competencies and leadership competencies will be essential.
The workforce will diminish – Around 60 million Baby Boomers will end up leaving the workforce by 2025; however, only 40 million people are expected to enter.
Demand for new supply chain talent will increase – At the moment, the demand for professionals in the supply chain discipline exceeds the supply by roughly six to one.
On their own, these trends may not draw the conclusion that the supply chain discipline is heading towards a talent gap, but when taken together the prediction seems very likely. Because of this, you may want to consider the supply chain discipline as a career option. For more information on how to find a senior level position in the supply chain discipline, be sure to contact us at Optimum SCR today.