The Art of Overcoming the Supply Chain Talent Shortage

The Art of Overcoming the Supply Chain Talent Shortage

talent shortage

A veteran recruiter explains where the supply chain talent shortage is headed and how companies can overcome the challenges.

A recent report on the supply chain talent gap draws a sobering conclusion: The supply chain management profession finds itself in crisis. Unless you do it right, attracting and hiring skilled professionals can be challenging.

Deloitte’s third annual Supply Chain Survey, released last year, also states: “Many organizations are confronting critical shortfalls of talent. Years of headcount reduction, training-budget cuts, and the retirement of highly skilled individuals have hollowed out the ranks of veteran professionals.”

The Deloitte findings are echoed in another report by the Haslam College of Business at the University of Tennessee. While the driver shortage is well known, the report maintains the talent gap encompasses every level of supply chain management and is likely to grow worse as baby boomers retire.

So what is an organization to do? How can you become better prepared and make your search for talent more effective?

Few people are better positioned to answer these questions than Rodney Apple, founder and president of SCM Talent Group. With almost 20 years of experience as a supply chain recruiter, he has filled more than 1,000 supply chain positions ranging from executive-level at Fortune 500 companies to leadership and staff-level roles across large networks of manufacturing and distribution facilities within the United States.

We sat down with Apple to get his thoughts on the realities of the supply chain talent drought.

EBN: What is the status of the supply chain shortage from your perspective?

Apple: I work with a lot of companies in key industries across the supply chain, from junior to C-level positions. Here’s what I’m seeing: It’s not getting any better. If you break it up into job level, entry-level positions tend to be less challenging to fill since more universities are now offering supply chain degrees. Supply chain students at Michigan State University, which offers the top-rated program, can count on multiple offers and interviews before they even graduate. The same thing goes for Penn State, University of Tennessee, and other universities with top-tier supply chain programs.

Middle management, let’s call it junior to mid-level, that’s where companies are struggling; that’s where you find the bulk of people doing the work, and that’s where most of our searches are. It really is about sheer numbers, a generational issue. At the executive level, enough people have risen up, but I’m concerned that as baby boomers retire, it could create a problem in the near future.

Which positions tend to be the most challenging to fill?

Junior-level positions, those who have between one to four years of experience. When you land your first job out of college, you keep your head down and get immersed in the job that has to be done. You’re not actively looking for a new job. So you really have to do a lot of direct sourcing to find the analysts, engineers, inventory managers, and planners and sell them on why they should make a career move at this stage of their career. They are not in management but doing tactical, analysis kind of work. Those are the most challenging positions.

At what point do companies ask for your help?

Small and medium-sized companies often come as soon as a position needs to be filled since they don’t have dedicated resources for recruiting. If they have tried themselves and the search has been unsuccessful, the need is urgent by the time they come to us.

What challenges do companies run into when trying to recruit talent?

When you look at the supply chain function, it’s typically the most complex, diverse, and challenging. Unlike recruiting for clear-cut, core corporate functions such as IT and Finance, the supply chain sector will yield a much greater variety of job profiles. Add the complexity of different job levels and geographic factors that may involve distribution centers and plants spread out all over the country, and you will see why it can be challenging to find the right fit.

Companies also tend to understaff or undervalue the supply chain recruiting function. Coupled with a lot of internal movement, from the corporate office to the field and back, it’s like a game of musical chairs — you’re always backfilling internal movement. If you’re also looking for a high-demand skillset, it can be similar to finding a needle in a haystack.

How should a company prepare to increase the likelihood of a successful search?

First of all, you need to up your game when it comes to finding and sourcing candidates. You have to master the intake process. Before you even post a job opening, sit down with the hiring team or manager. You have to truly understand your company’s unique value proposition, selling points, culture, and what makes it exciting to work for your company. Then, you have to gather information on what I call the supply chain footprint; you have to understand the company’s organizational structure — the number of plants, warehouses, key challenges, key opportunities, key projects — and look at its size, scope, and complexity, including the process, system, and talent.

Next, you have to understand the position you’re trying to fill: the selling points, key deliverables, key challenges, key traits, and so forth. Use that information to build the position profile. A lot of companies start with the job description and fill it with skills and qualifications, and that is not the best way to go about it.

What’s the next step?

You take that information and sit down with hiring team to develop what I call an omnichannel sourcing strategy. There are a lot of channels to tap into. Many make the mistake of thinking the act of posting gets the job done, but you can never just sit back and wait. You may be able to get away with that if there’s an abundance of talent in the marketplace or if you’re a marquee employer, but in the supply chain you have to employ other sourcing tactics, which could include proactively reaching out to universities in the region and even nationally that match up with people in the workforce.

You also need to direct source across different channels. Come up with a targeted list not only of industries, but of companies who may employ the type of talent that you’re looking for. You don’t always need to shop in same industry because supply chain tends to be a transferable skillset, especially in logistics, procurement, and inventory planning. Other channels not to be left out include LinkedIn, Google search strings, top supply chain associations, membership directories, and employee referrals — you want to have strong referral programs to allow people to easily share job opportunities with their networks and potentially build an internal resume database if you have frequent openings.

What part of the search process tends to be forgotten?

When you’re a smaller company, you have to understand your unique value prop. It’s critical that you find a candidate who’s looking for the same work environment that you offer; I call it the ‘motivational fit.’ You may not want to source someone from a Fortune 500 who’s used to robust process systems, organizational structures, volumes, scope, and immense complexity.

Look at companies in your own range. Can you find people who want to continue working for similarly sized companies with similar challenges and opportunities? You may want to engage search firms if you only have a few openings to fill per year as it costs less than employing a full-time recruiter. Every company needs to figure out what talent acquisition resources they need from a people, process, and systems/tools perspective in efforts to proactively hunt people down because that’s what it takes to land top supply chain talent these days.

What can you do to make it last?

Make sure you have a strong onboarding program. Don’t just throw the person into the fire. On the onset, establish goals and expectations. The new hire should understand what needs to be accomplished and outline key deliverables, projects, and performance expectations. This is where management and leadership come in to make people successful, especially in a smaller company. Most companies are doing a pretty good job in this area with mentorships, additional training, courses, and so on, to help the employee reach his or her career goals.

Some companies are also moving away from the rigid once-a-year performance review to more real-time, on-the-spot, feedback. Everyone wants to advance. If your company requires everyone to be in a position for 24 months before they can even apply, you run the risk of losing them. In general, you should be more flexible how you move talent throughout the organization. It can do wonders.

What is your experience when it comes to looking for supply chain talent? What do you consider to be key steps to success?

This article originally appeared on EBN Online.

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YouTube for Business 101

YouTube for Business 101

YouTube is a useful engagement tool for businesses — here’s what you need to know.

This is part one of a three-part series on YouTube for business. Check out part two, Cheap and Easy Tools for Creating YouTube Videos, and part three, Seven Ways to Get More Views on Your YouTube Videos.

YouTubeVideo is not just for funny cats and cover artists anymore — it’s the most popular form of content being consumed online. As such, YouTube has become the second largest search engine in the world, with more than one billion users conducting over 3 billion searches per month.

Take a moment to let that sink in. After Google, people are searching YouTube for content. Strike that: Over one billion people are searching YouTube for content.

This has raised the eyebrows of content marketers across many industries, including B2B businesses, who recognize the enormous potential for reaching customers through this medium.

If you haven’t considered distributing content through YouTube, you may soon find yourself scrambling to catch up with your competitors who are. For those who don’t know much about YouTube or are clueless about how it can work for business, here are a few basics to get you started.

What is YouTube?

YouTube is a free video-sharing website and social media platform that allows users to view, upload, share, rate, and comment on content. It was launched in 2005 by three former Paypal employees and purchased by Google in 2006. It now operates as a subsidiary of Google.

You do not have to be a registered user to view content, but you must be registered to upload content. Registered users can also subscribe to content providers’ channels to receive updates when something new is available, and can create playlists of favorite videos to view at any time.

In addition to being available on the YouTube website, YouTube videos can be embedded, shared, or uploaded to other sites (such as Facebook).

Why is it good for business?

YouTube has massive potential for businesses. Here are just five reasons to participate.

1) Reach

With over one billion users viewing nearly 5 billion videos per day, YouTube reaches more 18-49 year olds than any cable network in the U.S.

Other interesting statistics:

  • Users watch around 3.25 billion hours of video every month.
  • Videos with over 1 billion views: 10,113
  • 80% of views are from outside the U.S.
  • More than half of views are from mobile devices.
  • You can navigate YouTube in 76 different languages.

2) Improved search rankings

YouTube videos are included in Google’s search results, ranking above web pages in certain searches. Potential customers searching for products and services like yours will be more likely to find you in such instances.

3) User experience

Video has become so popular for a reason: People like consuming it. By producing content in this medium, you are offering a user experience that is in high demand.

4) Build your brand

Video is the ideal storytelling platform, and it’s also perfect for how-tos, product demonstrations, and other content that demonstrates your company’s expertise. Show your brand personality and engage your audience while building your reputation as a thought leader in your industry.

5) Track performance metrics

YouTube Analytics makes it easy to see who is watching your videos and how they are engaging with them. Run reports on audience demographics, revenue, engagement, traffic sources, and more.

How do I get started?

There are two avenues for businesses who are looking to reach YouTube’s more-than-3-billion users.

For one, businesses can buy ads that run before other videos, beside playing videos, and in search results. Video ads are not covered in this post, but you can learn more about them here.

Secondly, businesses can create their own YouTube channel and upload original content as part of their inbound marketing programs. To get started, you will need to sign into your business’ Google account or create one. Find the sign in button at the top-right corner of the YouTube homepage.

sign in

With your account, you will own your very own “channel,” on which you will post your content. Branding your channel is an important step, as this will be the face of your company on this platform. Below are some tips.

Anatomy of a branded YouTube channel

Coyote Logistics, a 3PL provider, has done an excellent job of branding its YouTube channel.

anatomy-of-a-branded-youtube-channel

Company Logo

Upload your company’s logo by hovering over the channel icon and clicking the pencil icon when it appears.

Branded Banner

Upload an image that represents your brand and what users will find on your channel. Hover over the channel art, click the “Add channel art” button or the pencil icon in the upper-right corner and select “Edit channel art.” Coyote Logistics makes a bold statement (very representative of its brand personality) here. For the best results on all devices, YouTube recommends uploading a single 2560 x 1440 px image.

Social Icons

Provide links to your other social channels by hovering over the channel art, clicking the pencil icon in the upper-right corner, and selecting “Edit links.” Add the URLs for each of your channels under “Custom links.” 

Customize Layout

Click the customize button to create a layout for your channel. You can add up to 10 “sections,” which allow you to group videos in a particular way. For example, you could add sections of recent uploads, popular uploads, playlists, etc.This helps visitors to decide what to watch — and lets you promote content you wish for visitors to see.

About

Navigate to the About section to add a channel description, business email address, country, and social links (if you haven’t already).

about

Uploading videos

Once you have your channel set, you’re ready to start adding your original content. YouTube Help has a wealth of resources to help you get started, problem-solve, and learn more. The below video offers an introduction to uploading videos in just a few quick steps.

Other terms to know

Playlist: Playlists let you organize your videos into different categories, like interviews, tips, product demonstrations, etc. Learn more.

Channel trailer: A short video, like a movie trailer, that gives visitors an idea of the kinds of videos they’ll find on your channel. Learn more.

YouTube Red: This is the premium subscription option that allows you to view videos without ads, watch videos offline, and more.

How does your company use YouTube?

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What’s Preventing Onshoring from Taking Off?

What’s Preventing Onshoring from Taking Off?

.spaceship launch

There is no easy answer to the burning question why the onshoring movement refuses to truly take off.

The issue of onshoring is frequently painted in black and white. While the media often likens the return of companies to the United States from overseas to a stampede, skeptics may be too quick to downplay the positive impact of the recent movement in manufacturing.

Nevertheless, those who were looking for a true Renaissance of American manufacturing have reason, at least so far, to be disappointed. Even among some high-profile companies — most notably Apple and GE — that announced their return with great fanfare, reality has set in. GE has battled high turnover rates at its re-opened Kentucky plants, as workers reportedly refused to perform certain tasks, while Apple has been stumped by the shortage of engineers.

Although the number of companies bringing production back home has risen significantly in recent years — from 64 in 2011 to 300 in 2014 — they are still outnumbered by those going in the opposite direction.

However, the issue is more complex than net gains or losses. According to new research by Morris Cohen, a Wharton School professor of operations and information management, and Hau L. Lee at Stanford University, “There is an unprecedented amount of restructuring going on.” In some cases, departments within the same company are onshoring and outsourcing at the same time, each weighing the perceived pros and cons differently.

In a Knowledge@Wharton interview, Cohen elaborated on the trend: “I’m going to go to China. I’m coming back from China. The same company simultaneously is making what seemed to be opposing decisions. And when you asked them why, they would give the same reasons. It’s because of labor costs. It’s because of market access. It’s because of this and that.”

In fact, they found there appears to be no dominant reason why companies make one decision or another in favor of onshoring or staying put.

And barriers seem to remain the same as when the onshoring movement began to gain momentum: The lack of skilled workers, coupled with an aging workforce, still rank high on the list of negatives. The rapid pace of offshoring in 1990s and early 2000s made younger generations lose faith in the viability of a manufacturing career.

Patrick Van den Bossche, the Americas lead partner at A.T. Kearney’s Strategic Operations Practice — which released its inaugural Reshoring Index last year — explained the problem on Manufacturing.net: “Think about it — if you have a kid in school, with everything that happened in the last few years, with manufacturing moving overseas as fast as it did, would you feel comfortable to tell your kid to develop a career in manufacturing? I don’t think so.”

At the same time, countries like China, Brazil, and Eastern Europe, previously known for their low-skilled labor, are quickly improving and investing in high-tech industries. With a greater pool of skilled workers abroad, a move back to the United States will seem less urgent. And with the arrival of robotics, the issue of labor costs will likely take on even less significance.

So the big question is, how should the United States stand up to the competition? What do you think?

A version of this article previously appeared on EBN Online

Lifespan of a Blog Post vs. a Print Ad

Lifespan of a Blog Post vs. a Print Ad

blog-post

A blog post not only stays around longer than a print ad, it can better engage potential customers.

The 24-hour news cycle has evolved into the 24-second news cycle with the rise of online media outlets and social media. So, when it comes to advertising your business, generating leads, making sales, and being perceived as a thought leader, you must consider the lifespan of your print ad and its purpose, versus the lifespan of a well-orchestrated blog and its potential.

Though often confused, there is a distinct difference between advertising and marketing. With a print ad, you are obviously advertising your business concisely, with a limited number of words and images. But, this form of advertising has a limited lifespan (only as long as that piece of print media is in the hands of a reader). So, it should be only one small piece of your marketing puzzle.

In contrast, a blog bridges advertising with progressive marketing techniques. It reaches your target demographic in a different way by conveying knowledge and building trust. It works on improving your “image” as well as branding your company as a thought-leader. A blog makes a more personal connection with the reader, while an ad is very obviously trying to sell something — and consumers gravitate toward knowledge rather than a simple sales pitch.

Looking at Longevity

A blog can live on indefinitely. What you post today may still be relevant and a popular read several months from now. Because of this, your company can reach a larger number of consumers within its target demographic for a long period of time, surpassing a print ad’s capacity for results. A blog also reaches consumers in a more relevant, memorable way. Marketing experts would agree: Getting your clients or customers to remember you is half the battle.

Your company’s advertising can include the placement of an ad in print media like newspapers, magazines, or direct mail. Print ads through community newspapers or direct mail flyers are useful for specific purposes, like targeting customers in a localized area.

But, you will find that advertising of this kind comes with a sizable price tag and has limited benefits. According to a Marketing Profs digital report, print advertising ranks as the largest expense of most marketing plans, with public relations and marketing strategies rounding out the important trio.

So how long will a print ad live? According to a marketing study published by Fast Company, a newspaper ad has a maximum lifespan of 2-3 weeks, and an ad placed in a monthly magazine may live up to three months.

In contrast, when a blog post goes live, it may generate the most hits within the first week, but it will continue to serve as available content that consumers will access for months, or even years, down the road. If the blog is well constructed, you may find that a year later it is still ranking in the top five search results for certain targeted long-tailed keywords.

So, it is important to consider the “quality of life” of your blogs and print ads. A blog feeds consumers’ need for more information before they commit. In fact, prior to contracting your services or buying your product, your potential customers will research the topic online and read blogs posts that present information in a vendor-neutral format.

Successful businesses react to this by creating a constant stream of this fresh content, organized into a library of posts (that stand the test of time), then use that content as bait to attract potential prospects. One study revealed that when it comes to blogs, the combination of proper timing and useful insight can result in a 33% higher lead conversion rate and a 38% increase in revenue over the prior year.

Blogs’ Benefits and Social Media

When you publish a print ad, you’ll never really know what your readers think about it. With a blog, you get feedback and you engage the reader, who is also a potential customer. It creates a more viable connection and provides greater insight that you can leverage to garner more customers through:

  • Tracking and analytics: Feedback is a powerful tool. Google Analytics can tell you what types of articles are capturing your readers’ attention. You can learn how much time they spend on a page and how they share it. You can leverage this information to determine what sort of content you need to create to reach more customers and generate more leads.
  • Shares and comments: Readers love to interact with online content, reading and commenting to express their opinion or thoughts. The comment section of your blog can become a community of readers. If a reader found your blog insightful or inspiring, they may also share it with their contacts or friends through social media. Your business becomes a part of a larger community that is connected through dialogue.

Advertising in any form, digital or print, is only a single component of any complete, multi-level marketing process. Innovative marketing today must include several different components, like well-articulated blog posts that utilize SEO, and connect potential customers to your company by offering information they can use. Blogs are a long-lasting porthole to your business, the product or the services you offer, and your professional insight or vision.

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Six Ways to Improve Your Content Marketing in 2016

Six Ways to Improve Your Content Marketing in 2016

 Improve your content marketing strategy in 2016 by following these six tips.content-marketing

We know that content marketing is a highly effective tool for companies of all shapes and sizes, be they B2C or B2B. (If you’re not using inbound marketing, here are five reasons why you should be.) But, considering this strategy takes considerable time, effort, and resources, are you getting the most out of your efforts?

Long gone are the days when a weekly blog and vague presence on social media will cut it — 2016 is calling for a diversified content marketing strategy that speaks to today’s sophisticated consumer base.

Here are 6 ways to improve your content marketing strategy in 2016:

1) Be mobile-friendly.

Google announced in May 2015 that the number of searches on mobile devices has now surpassed those conducted on desktops in the US. And we know that reality isn’t limited to personal Internet use. Evidence suggests B2B buyers are increasingly using mobile devices to do research, make inquiries, and purchase products. If your website isn’t mobile-friendly, your company is missing out the significant share of customers who demand mobile-optimized content. What’s more, Google now penalizes non-mobile sites in searches, meaning your website will fall further below the fold, as more companies cater to smartphone screens.

Here’s how to make your supply chain website mobile-friendly.

2) Diversify your content.

A blog for which you provide regular, original content is an excellent start . But, unfortunately in this day and age, it’s not enough. Offering content in different formats provides a richer experience for your leads, adds depth to your brand identity, and allows you to reach and connect with more consumers. There are a dizzying number of options out there, including podcasts, slideshares, videos, graphics, ebooks, and whitepapers, to name a few. Choose a couple that fit your brand best, and see where they take you. Which leads me to…

3) Do video.

Video is not just for funny cats and cover artists anymore — it’s the most popular form of content being consumed online. YouTube is the second largest search engine in the world, with more than one billion users conducting over 3 billion searches per month. What’s more, the number of videos uploaded to Facebook has increased by 94% over the last year, with more than 50% of Americans who use Facebook daily viewing at least one video per day. Some brands have capitalized on this trend. (See the Budweiser puppy commercial, viewed over 30 million times.) But there is a lot of potential there for businesses in all industries — a little creativity and some time and effort adding video to your content marketing suite could really pay off.

4) Tug at the heartstrings.

There’s a reason the Budweiser puppy video has enjoyed so much success: we love a feel-good story. An ad that evokes strong emotions makes us associate those feelings with the brand. Studies show that emotions play a leading role in B2B purchases, too, and your content marketing should leverage that idea by telling great stories and by promoting the value you offer. Content that tells a great story connects people to your brand on an emotional and intellectual level, helping earn their trust and loyalty. Similarly, by touting figures that illustrate the value your company offers its customers — like money saved, convenience, or top-of-the-line performance — you remind people what it is you can do for them. And there’s no better way to win hearts (and leads) than reminding them what they’ll get out of your relationship.

5) Focus on relationship marketing.

HubSpot identifies relationship marketing as the #1 game-changing marketing trend to tackle in 2016. While this term largely falls under the CRM umbrella, it can play an important role in your content marketing strategy as well. Providing existing customers with custom-tailored content and information shows that you understand their needs, and it makes communications infinitely more personal. You’re not just blasting out some mass communication that ignores the facts that you know about your client  — for example, a mass email titled “Baby it’s cold outside!” to a client based in Florida. Modern technologies like geo-targeting and CRM software make personalizing content and communications much easier, but it will still take extra time and resources. That’s the (absolutely worth-it) cost of long-term, loyal customers earned through relationship marketing.

6) Seek professional help.

Even if you’re part of the 58% of companies that handles content in-house, a little help from the experts will only improve your results. Hiring an SEO-savvy copywriter, for instance, can impact your bottom line. Or working with a firm like Fronetics can help you develop and execute a content marketing strategy designed to grow brand awareness and to meet your specific business goals. Here are six other digital and content marketing tasks to outsource. A fresh perspective from outside your company may be just what your marketing efforts need to excel in 2016.

 

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