More Related Content Similar to 2014 Talent Study - Summary Charts - 18 AUG 2014 (20) More from Lora Cecere (20) 2014 Talent Study - Summary Charts - 18 AUG 2014 1. Supply Chain Insights LLC Copyright © 2014, p. 1
Supply Chain Talent Study
Summary Charts
June-August 2014
2. Supply Chain Insights LLC Copyright © 2014, p. 2
Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
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Most Companies Are Manufacturers;
Companies Have an Average of 14K Employees
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Respondents Are Primarily in a Supply Chain Role,
Have 14 Years in Supply Chain on Average
and 43% Are Director or Above
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Most Have a Supply Chain Organization,
for 12 Years on Average
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Most Common Definition of Supply Chain
Excellence Is “Right Product, Right Place,
Right Time at the Right Cost”
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Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
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46% Consider Supply Chain Talent to Be
One of Their Top 3 Elements of Business Pain
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Two in Five Report Their Company Is Worse Than Its
Peers at Managing Supply Chain Talent
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Companies Performing Worse Than Peers Due to a
Lack of Support, Poor Staff Development
and Poor Recruiting
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Open-Ended Responses to Why Performing Better
Than Peers on Supply Chain Talent
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Reluctance to Embrace New Ways
Is Top Supply Chain Talent Issue Today
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Top Talent Issues Expected in 5 Years Include
Lack of Career Path, Changing Skill Needs,
and Lack of Executive Understanding
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Talent Improvements Expected in Embracing New Ways,
Attracting Right People, Having Key Skills
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New Challenges to Watch for Include Retirement of
Key People, Turnover, Lack of College Skills, Finding Talent
in Emerging Countries & Talent Being Pulled Away
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For Supply Chain Positions, Respondents Report
Averages of 15% Turnover, 13% Open Positions
and Positions Open 4.5 Months on Average
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Over Half Report That Middle Management
Has Greatest Shortage of Supply Chain Talent
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The Easiest Supply Chain Positions to Fill:
Customer Service and Transportation
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Team Work and Oral Communication Are Among Both
Most Important and Top Performing
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Greatest Gap in Entry-Level Skills vs. Importance:
Analytical, Written, and Creative Thinking
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Greatest Opportunity for Entry-level Skills:
Analytical, Written, Oral, Creative Thinking & Relationships
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Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
27. 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
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Training and Salary Are the
Primary Gaps in Talent Solutions
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Greatest Opportunity to Improve Talent Solutions
Lies in Training New and Existing Employees
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Ideas for Attracting and Retaining Talent Include
Supply Chain Support, Work Value, and Development
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Agenda
Study Overview
Talent Status & Issues
Talent Solutions
Talent Recruitment & Training
32. Supply Chain Insights LLC Copyright © 2014, p. 32
Nearly One-Third Report Having a Supply Chain
Human Resources Department
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Two-In-Five Report That Middle-Management
Supply Chain Positions Are Filled from Within
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Personal Referrals Are the Most Common Source and
Among Best Performing for Hiring Middle-Management
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Best Sources for Middle-Management Include
Outsourced Recruiters and Personal Referrals
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86% Offer Employee Training, but
Only 9% Increased Their Training Budget in 2014
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Training Budgets Increase Primarily Due to
Changing Needs, Decrease Due to Lower Revenue
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66% Have Cross-Functional Training,
but Only 23% Have Planned Training Program
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Procurement Is Among Cross-Training
That Is Both Most Needed and Most Offered
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Greatest Gaps in Cross-Training Are Reported in
Strategy and Sales
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Greatest Cross-Training Opportunities Lie in
Sales and Strategy
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Primary Benefits to Hiring In-Country Include
Operations, Cultural Knowledge and Language Skills