2014 Talent Study - Summary Charts - 18 AUG 2014
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Transcript of 2014 Talent Study - Summary Charts - 18 AUG 2014
Supply Chain Insights LLC Copyright © 2014, p. 1
Supply Chain Talent Study
Summary ChartsJune-August 2014
Supply Chain Insights LLC Copyright © 2014, p. 2
Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
Supply Chain Insights LLC Copyright © 2014, p. 3
Study Overview
Supply Chain Insights LLC Copyright © 2014, p. 4
Most Companies Are Manufacturers; Companies Have an Average of 14K Employees
Supply Chain Insights LLC Copyright © 2014, p. 5
Half of Respondents Work in a Process Industry
Supply Chain Insights LLC Copyright © 2014, p. 6
Respondents Are Primarily in a Supply Chain Role,Have 14 Years in Supply Chain on Average
and 43% Are Director or Above
Supply Chain Insights LLC Copyright © 2014, p. 7
Respondents Are Primarily Based in the US or Canada
Supply Chain Insights LLC Copyright © 2014, p. 8
Most Have a Supply Chain Organization,for 12 Years on Average
Supply Chain Insights LLC Copyright © 2014, p. 9
President or COO Is Most Common Supply Chain Leader
Supply Chain Insights LLC Copyright © 2014, p. 10
Most Common Definition of Supply ChainExcellence Is “Right Product, Right Place,
Right Time at the Right Cost”
Supply Chain Insights LLC Copyright © 2014, p. 11
Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
Supply Chain Insights LLC Copyright © 2014, p. 12
46% Consider Supply Chain Talent to BeOne of Their Top 3 Elements of Business Pain
Supply Chain Insights LLC Copyright © 2014, p. 13
Two in Five Report Their Company Is Worse Than ItsPeers at Managing Supply Chain Talent
Supply Chain Insights LLC Copyright © 2014, p. 14
Companies Performing Worse Than Peers Due to a Lack of Support, Poor Staff Development
and Poor Recruiting
Supply Chain Insights LLC Copyright © 2014, p. 15
Open-Ended Responses to Why Performing Better Than Peers on Supply Chain Talent
Supply Chain Insights LLC Copyright © 2014, p. 16
Reluctance to Embrace New Ways Is Top Supply Chain Talent Issue Today
Supply Chain Insights LLC Copyright © 2014, p. 17
Top Talent Issues Expected in 5 Years IncludeLack of Career Path, Changing Skill Needs,
and Lack of Executive Understanding
Supply Chain Insights LLC Copyright © 2014, p. 18
Talent Improvements Expected in Embracing New Ways, Attracting Right People, Having Key Skills
Supply Chain Insights LLC Copyright © 2014, p. 19
New Challenges to Watch for Include Retirement of Key People, Turnover, Lack of College Skills, Finding Talent
in Emerging Countries & Talent Being Pulled Away
Supply Chain Insights LLC Copyright © 2014, p. 20
For Supply Chain Positions, Respondents Report Averages of 15% Turnover, 13% Open Positions
and Positions Open 4.5 Months on Average
Supply Chain Insights LLC Copyright © 2014, p. 21
Over Half Report That Middle ManagementHas Greatest Shortage of Supply Chain Talent
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The Easiest Supply Chain Positions to Fill:Customer Service and Transportation
Supply Chain Insights LLC Copyright © 2014, p. 23
Team Work and Oral Communication Are Among Both Most Important and Top Performing
Supply Chain Insights LLC Copyright © 2014, p. 24
Greatest Gap in Entry-Level Skills vs. Importance:Analytical, Written, and Creative Thinking
Supply Chain Insights LLC Copyright © 2014, p. 25
Greatest Opportunity for Entry-level Skills:Analytical, Written, Oral, Creative Thinking & Relationships
Supply Chain Insights LLC Copyright © 2014, p. 26
Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
Supply Chain Insights LLC Copyright © 2014, p. 27
Competitive Salary, Promoting from Within, and Corporate Image Are Among the Most Important and Best Performing
Talent Solutions
Supply Chain Insights LLC Copyright © 2014, p. 28
Training and Salary Are the Primary Gaps in Talent Solutions
Supply Chain Insights LLC Copyright © 2014, p. 29
Greatest Opportunity to Improve Talent Solutions Lies in Training New and Existing Employees
Supply Chain Insights LLC Copyright © 2014, p. 30
Ideas for Attracting and Retaining Talent IncludeSupply Chain Support, Work Value, and Development
Supply Chain Insights LLC Copyright © 2014, p. 31
Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
Supply Chain Insights LLC Copyright © 2014, p. 32
Nearly One-Third Report Having a Supply ChainHuman Resources Department
Supply Chain Insights LLC Copyright © 2014, p. 33
Two-In-Five Report That Middle-Management Supply Chain Positions Are Filled from Within
Supply Chain Insights LLC Copyright © 2014, p. 34
Personal Referrals Are the Most Common Source and Among Best Performing for Hiring Middle-Management
Supply Chain Insights LLC Copyright © 2014, p. 35
Best Sources for Middle-Management Include Outsourced Recruiters and Personal Referrals
Supply Chain Insights LLC Copyright © 2014, p. 36
86% Offer Employee Training, but Only 9% Increased Their Training Budget in 2014
Supply Chain Insights LLC Copyright © 2014, p. 37
Training Budgets Increase Primarily Due to Changing Needs, Decrease Due to Lower Revenue
Supply Chain Insights LLC Copyright © 2014, p. 38
66% Have Cross-Functional Training, but Only 23% Have Planned Training Program
Supply Chain Insights LLC Copyright © 2014, p. 39
Procurement Is Among Cross-Training That Is Both Most Needed and Most Offered
Supply Chain Insights LLC Copyright © 2014, p. 40
Greatest Gaps in Cross-Training Are Reported in Strategy and Sales
Supply Chain Insights LLC Copyright © 2014, p. 41
Greatest Cross-Training Opportunities Lie inSales and Strategy
Supply Chain Insights LLC Copyright © 2014, p. 42
Primary Benefits to Hiring In-Country Include Operations, Cultural Knowledge and Language Skills