Kentucky Futuring Panel Recap

Supply Chain Management Futuring Panel

Listening to business and industry: As the Kentucky Department of Education begins the process of creating a high school pathway for supply chain management in their state, we facilitated a discussion with business and industry participants.

SCM trends and related skills: Among many topics covered during the Futuring Panel, participants shared and prioritized the top trends and related skills that will be needed by Kentucky’s future workforce.

Specific Trend Key Points of Discussion Skill Sets 
Building flexibility into your workforce and supply chain to adapt to change. The focus of SCM is different than it was 5 years ago – we are thinking of it more as a mesh network now. -Adaptability 
-Diversifying your vendors/suppliers 
-Risk management 
Being able to source, digest, analyze, and communicate multiple streams of data and tie it back to business strategy. Data management/data analytics -Systems integration 
-Sourcing and unifying multiple streams of data 
-Tying back to business strategy 
-Reporting results/implications 
-Communication skills 
Rebranding the supply chain to obtain, retain, and promote supply chain talent. “Making supply chain cool.” -HR / talent management / recruitment 
-Providing and receiving feedback 
Automation’s ability to help a business deliver to customers on-time Creating fully and semi-robotic facilities.  
-Strong computer skills 
-How you relate to and work with automation (mechanical) 
-Systems integration and critical thinking to cross-check automation 
-Communication skills – knowing where to go ask 
Global economic uncertainty increasing, caused by geo-political issues  Need to mitigate the risk or look at alternatives for price increases in traditionally, “low-cost” countries. -Ability to recognize price vs. value 
-Risk management 
-Understanding how to calculate total cost (total-cost model) 
Changes in organizational communication and an increase in employee-focused initiatives Employers are looking to attract and retain talent with incentives that respond to today’s employee needs. -Leadership 
-Employee retention 
-Creating a flexible workplace 
-HR changes 
-Pay per shift app 

Read more: Visit our Business Engagement page to learn more about how and why we work with business.