MHI Solutions

Education

Does the Skilled Labor Shortage Have You Down?

MHI, in partnership with Smart Workforce Strategies, published a white paper documenting the successes that supply chain companies and local schools have had with collaborations.

By Patrick Davison

The skilled labor shortage phenomenon has been gaining traction in the news lately. A perfect storm of demographics and changes in educational initiatives are creating conditions where employers are having a difficult time finding job candidates with the skills or credentials needed to fill their job openings.

According to the World Economic Forum, this issue is being exacerbated by changes in technology, creating conditions where talent shortages, mass underemployment and unemployment as well as growing inequality, reskilling and upskilling of today’s and tomorrow’s workers will be critical. It will also be critical that businesses, educators and individuals take a more active role in supporting workforce considerations in lifelong learning and retraining.

Material handling and supply chain are not immune to this predicament. And, in fact, some estimates are particularly bleak in the sense that the rapid demand in growth and technological change experienced in the industry may not be offset by proportional rises in job candidates with the skills needed to perform these jobs.

What are businesses to do? One first step could be to proactively collaborate with local educational institutions to identify programming and curricula addressing the needed skills or certifications. “No company can solve critical skill shortages alone,” says Dr. David DeLong, president of Smart Workforce Strategies and a research fellow at the MIT AgeLab. “Effective partnerships and collaboration between industry and academia are going to be essential to closing the skills gap in this country.”

Read more…


This issue of MHI Solutions tackles the important topic of digital technologies in the supply chain industry, especially as it relates the transportation and logistics. Transportation plays a central role in supply chains, whether they are local or global enterprises. And just like the overall supply chain, transportation is facing a digital revolution including new solutions for tracking road, rail, sea and air freight and parcel transportation. These digital technologies are disrupting the industry, but they are also providing im-portant new solutions for transportation inefficiencies and urban logistics challenges. They are also creating new digital business models that enhance transparency and sustainability and contribute to end-to-end supply chain visibility. Like the innovations impacting supply chains, these trends are being driven by the growth of e-commerce and the consumers’ never-ending need for better, faster and cheaper. Ignoring them is done at your own peril.

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