The word on the street is that supply chain expertise is in short supply. That just makes finding and hiring the right supply chain professional that much harder.
Career Builder identified Logistician/Supply Chain Manager as a Top Growth Job for 2013. According to Career Builder, since 2010 this position has experienced 8 percent job growth. However, there are few people for the job — there is only one active candidate for every five jobs posted.
The Wall Street Journal recently reported that colleges and universities have recognized this as an opportunity — “more than a half-dozen universities have recently introduced undergraduate majors, M.B.A. concentrations and even entire degree programs dedicated to procurement, inventory management and global supply-chain strategy.” The article continues by describing how companies such as General Dynamics Corp., Panasonic, Dell, Johnson & Johnson, and Target are scooping up graduates who have received a degree in supply chain management — the “hot new MBA.”
Finding the right person for a job opening is essential. Hiring the wrong person is a costly mistake not only financially, but also in terms of team morale. It is therefore important to make sure you take the necessary steps to identify and hire the right person. But, given the current environment, how do you find the right person for your job opening?
Working with schools to identify upcoming or recent graduates who are/were stars is one approach. Another is to look within the industry and identify individuals who are a good match. Another strategy is to look outside the industry. While this may seem counterintuitive, bringing in a talented professional from outside the industry could provide the fresh ideas and insight that your company needs. Similarly, take a look inside your organization — is there an employee who would thrive in a new role — even if it is outside their current field? Creativity and vision are key here.
Working with a strategic advisory firm is an option as well. This type of partnership, such as the ones I build with our clients, can make identifying the right talent for the right position easier. An advisory firm often has the pulse on where the most talented people are in the supply chain services and distribution industry. This type of partner can launch a successful candidate search process, get new hires up and running, and help retain talent for the long run.