The November numbers are in and there is solid evidence that industry supply chains across the globe, with few exceptions, have reached significant highs in manufacturing and supply chain output levels. Industry teams are incredibly busy and optimistic in their planning for 2018. But again, Supply Chain Matters needs to call attention of the caution signposts.
Supply Chain Talent Management
A reminder to Supply Chain Matters readers that nominations from industry procurement organizations for the fourth annual 30 Under 30 Rising Supply Chain Stars recognition program are due no later than this coming Sunday, December 3. 2018.
Supply Chain Matters continues with reviewing and self-scoring each of the 2017 Predictions for Industry and Global Supply Chains published at the beginning of this year. This Part Two posting provides an assessment of our prediction for a supply chain talent perfect storm and the prediction for added product sourcing challenges due to increased anti-trade actions.
The U.S. Bureau of Labor Statistics reported that the number of job openings approached a record 6.3 million at the end of June. Likewise, in both May and in June, the manufacturing sector spanning the Eurozone countries added jobs at the fastest pace recorded in the past 20 years. The predicted supply chain talent perfect storm appears to be prevelant.
Wal-Mart held its annual meeting of stockholders last week and declared that the world’s largest retailer has started to invent the future of shopping again. While one large retailer can portray an optimistic view of the future, the reality is that former methods, practices and culture are all subject to added change.