Private Client Specific Docs

What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge

Issue link: https://read.uberflip.com/i/1519751

Contents of this Issue

Navigation

Page 2 of 17

3 3 The Descartes Systems Group, Inc. | www.descartes.com | Surviving the Supply Chain and Logistics Workforce Challenge Strategies, tactics and technology to improve supply chain and logistics productivity Descartes' study How Bad Is The Supply Chain and Logistics Workforce Challenge? showed that 76% of respondents are facing notable workforce shortages in their supply chain and logistics operations. Most companies have grappled with this issue since mid-2020 when economies started to pick up during the pandemic and it has persisted, even as many economies continue to perform better than expected post-pandemic. So, there has been considerable time for organizations to develop strategies, tactics and technological approaches to mitigate the impact of a continuing tight market for supply chain and logistics laborers, knowledge workers and managers. Here's what supply chain and logistics leaders said: Worker productivity The top organizational strategy overall to improve worker productivity was to automate non-value-added and repetitive tasks (54%), which speaks to the many functions in supply chain and logistics that are routine and non- integrated, requiring manual intervention. Comingling operations and centralization were next (50%) and points to finding synergy in consolidating duplicate functions across business units to create scale and efficiency more effectively. Automating non-value-added and repetitive tasks increased to 60% for industry-leading financial performance organizations and dropped to 36% for financially below-average ones. This indicates that better financial performers are more willing to take on the more contentious aspects of consolidation to get to a higher performing organization. From a country perspective, France was the highest for automation (62%), Belgium/ Netherlands for comingling (64%) and the U.S. for centralization (56%). 54 % 50 % 50 % 7 % Automate non-value added and repetitive tasks Co-mingling operations with other divisions to create scale and synergy Centralization (e.g., centralized planning) None of the above What organizational strategies and tactics is your organization using to improve worker productivity?

Articles in this issue

Links on this page

view archives of Private Client Specific Docs - What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge