Logistic
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Industry in Nutshell
Logistics includes all the processes involved from purchasing the raw materials until the product is delivered to the customers. It includes processes, such as, purchasing, inventory management, warehousing, production, storing, and shipping. Improvements in logistic management can benefit any company from large corporations to small businesses significantly.
Scarcity of Talent
Human capital is a company's most important resource. In general, talented people with a strong logistics or supply chain management background are hard to find. Labor markets in countries like the Netherlands and Belgium have become increasingly tight as a result of strong economic activity. Thus, it is difficult to find, attract, and keep suitable employees. The supply chain industry is suffering from a shortage of qualified supply chain managers according to the annual results of the "2012 3PL Logistics Study. While speaking at the three-day Automotive Logistics India Conference, held at Hotel Le Meridien, Chennai on December 9, 2010 VG Ramakrishnan, Senior Director of Transportation and Logistics Practice, Frost & Sullivan said: "Logistics professionals' talent shortage is going to be acute in the next five years.
WAVECO Solution
Our teams understand the sector thoroughly and are well acquainted with the issues associated with hiring the right talent. Having handled the sector for decades now, we have a competitive edge in terms of understanding the industry to the core, and having qualified team members with a solid background in the industry. Since most of our team members have been in the industry across one segment or the other, we understand the expectations of the candidates as well as the companies and act as consultants to both of them to help them take right decisions. Besides this, our strong network helps us map the right candidates for different profiles.