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Trends Impacting Competition for Talent in Supply Chain

Posted on August 2023

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In today's rapidly changing business landscape, competition for talent in the supply chain industry has intensified. The changing nature of work and the demands of the modern-day professional have forced companies to rethink their hiring and retention strategies. Nick Aoun, Associate Director at DSJ Global, provides valuable insights into these emerging trends.

"The demand for top level talent far outweighs the true specialists that are currently available."

One of the areas seeing the highest demand, according to Aoun, is IT Procurement. Professionals in this niche are especially sought after in Europe, where businesses are in fierce competition to bring the best onboard. However, attracting and retaining such talent requires more than just a competitive salary.

Aoun emphasizes the need for companies to elevate their offerings to potential employees. This doesn't only mean monetary compensation, but also a holistic approach that considers every aspect of a candidate's work-life needs and desires. He says:

"Companies must enhance their benefits and attraction to candidates. This can be achieved through providing remote/hybrid working options, improved benefits packages, better work/life balance, and market rate salaries."

While these factors are certainly crucial, Aoun also stresses the importance of organizational culture. Company culture, as he rightly points out, stands as a significant determinant in both attracting and retaining talent.

"It is vital to remember that company culture is one of the most important levers to pull when hiring and retaining talent."

The challenges of attracting and retaining talent in the supply chain industry can't be overcome with a one-size-fits-all approach. In the words of Nick Aoun, to stay ahead in this competitive market, businesses need to offer not just competitive compensation but also an environment that promotes flexible work arrangements, allowing employees to thrive both personally and professionally.​

For businesses looking to navigate this challenging talent landscape, partnering with experts in the field can make all the difference. DSJ Global, with its deep insights and expertise, is perfectly positioned to guide companies in these endeavors. If you're a company on the hunt for top-tier talent, don't hesitate to request a call back to tap into the wealth of industry knowledge at DSJ Global.