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.
|Key Points of Discussion
|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.
-Diversifying your vendors/suppliers
|Being able to source, digest, analyze, and communicate multiple streams of data and tie it back to business strategy.
|Data management/data analytics
-Sourcing and unifying multiple streams of data
-Tying back to business strategy
|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
-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.
-Creating a flexible workplace
-Pay per shift app
Read more: Visit our Business Engagement page to learn more about how and why we work with business.