State of the Supply Chain Job Market: Labor Hoarding and Co-Sourcing
The supply chain labor market has been going through volatile changes and disruptions. Staffing has been a challenge at the front line and in professional ranks for the past two plus years. In the last six months, there have been signs that economic activity is slowing. Some spaces, including technology, have seen the beginnings of layoffs. This is what we would expect given history. To date, this type of activity has been less prevalent in Supply Chain jobs. So what is different about jobs in Supply Chain and will we see this continue? Supply Chain leaders are using different approaches and we will discuss a few of them. One such shifting dynamic is labor hoarding - an age-old term used to describe the retention of a company’s labor base during down economic times.
Why You Should Not Present a Lowball Job Offer
By providing a lowball job offer to a qualified applicant, you are only cheating yourself and your business’s bottom line. Not to mention, you can quickly tarnish your employer brand. Candidates will likely share their negative experiences with their frien