{"id":2124,"date":"2019-03-27T16:48:39","date_gmt":"2019-03-27T21:48:39","guid":{"rendered":"http:\/\/dev-mhisolutionsmag.officialdirectory.com\/?p=2124"},"modified":"2019-06-19T16:20:43","modified_gmt":"2019-06-19T21:20:43","slug":"the-supply-chain-shift-toward-technology","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2019\/03\/27\/the-supply-chain-shift-toward-technology\/","title":{"rendered":"The Supply Chain Shift Toward Technology"},"content":{"rendered":"

\"\"<\/a>Companies exploring ways to combat workforce shortages are finding that technology is impacting their workforce talent strategies.<\/p>\n

* By Doug Reed *<\/em><\/p>\n

Last December, The Conference Board\u2014a think tank sharing insights about future developments and issues facing business among top executives in multiple industries\u2014released a report detailing why blue-collar workers are now scarcer than white-collar workers. The findings confirm the reverse of a multi-decade trend in the U.S. job market while forecasting that growing blue-collar labor shortages will continue in 2019 and well beyond.<\/p>\n

Gad Levanon, lead report author and The Conference Board\u2019s chief economist for North America, said that the report confirms what those in the supply chain have already been experiencing: workforce shortages in transportation, production and manufacturing. \u201cThe trend is partially due to the increase in the number of people attaining bachelor\u2019s degrees, who typically do not want those types of jobs, as well as to the increasing retirement of Baby Boomers, a workforce segment that once held many of the blue-collar jobs,\u201d he said.<\/p>\n

So how can companies cope? \u201cIncreasing pay is the most obvious answer,\u201d replied Levanon, \u201cbecause it not only helps keep your workers, but gives you a greater opportunity to recruit workers from other companies. But that\u2019s not always the most popular choice.\u201d<\/p>\n

Other options include lowering educational requirements, providing in-house training, relocating to different areas with a more available and accessible workforce, and expanding the diversity among the pools of potential candidates\u2014such as how the trucking and transportation industries have been working to attract women to jobs previously dominated by men\u2014he added.<\/p>\n

\u201cBut I see more companies increasingly automate in such a way that they need fewer workers. However, that also means they\u2019re going to need a different type of worker,\u201d noted Levanon.<\/p>\n

The increasing investment in technology isn\u2019t just limited to automating blue-collar jobs. Indeed, as more companies place higher importance on their supply chains as a competitive advantage, they\u2019ve increasingly adopted other next-generation technologies such as predictive analytics, digitization, machine learning, artificial intelligence and more. There may be greater numbers of white-collar workers than blue-collar workers out there now, but the ones with proven experience and qualifications in these specific, technology-oriented areas within supply chain organizations are just as difficult to find.<\/p>\n

Read More…<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Companies exploring ways to combat workforce shortages are finding that technology is impacting their workforce talent strategies. * By Doug Reed * Last December, The Conference Board\u2014a think tank sharing insights about future developments and issues facing business among top executives in multiple industries\u2014released a report detailing why blue-collar workers are now scarcer than white-collar …<\/p>\n","protected":false},"author":46,"featured_media":2087,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,10,13],"tags":[127,128,129,123,120,124,121,125,122,130,119,126],"class_list":["post-2124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-trends","category-industry-trends","category-technology","tag-bill-ferrell","tag-clemson-university","tag-deloitte","tag-deonn-griffin","tag-gad-levanon","tag-gartner","tag-jeff-christensen","tag-randy-bradley","tag-seegrid","tag-supply-chain-workforce-shortages","tag-the-conference-board","tag-university-of-tennessee-knoxville"],"yoast_head":"\nThe Supply Chain Shift Toward Technology - 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