Logistics is a key component of manufacturing, trade, growth and such other factors of every economy. This sector is also a significant contributor to job creation in most developed and developing countries. In India, logistics accounts for approximately 160 billion creating 22 million jobs with the rate of employment rising at a rate of 8 percent annually.
Managing the challenges tactfully:
The logistics performance index of the World Bank found that a number of countries are facing a considerable skill gap in the logistics sector, especially at the level of management. On the other hand, numerous studies conducted at the emerging nations like South Africa, China and India show that there is a shortage of skilled employees in the transport and logistics sector.
Having a systematic program to build human resources: Developed nations are now attempting to launch a logistic skill framework in which the government is working closely with the private industries to manifest the opportunities for professional development. Providing guidelines and specific information about the required general and technical management skills needed for different posts can be of immense help.
Creating an action plan for freight transport and logistics can ensure recruitment as well as retention of skillful workers. The skill development program should be arranged in such a way that it complements the recruitment and retention process, boost the image of the sector and train as per the diversity of the working conditions.
Redesigning skill development programs by incorporating technology:
It goes without saying that a boost in technology can transform the face of the logistics industry to a great extent. Innovations that are responsible for disrupting the chain of supplies like big data, blockchain, asset sharing platforms, and the internet of things among others.
With an increase in the automation of the warehouse, a warehouse executive might not have to dedicate so many hours to moving goods. On the contrary, skill development programs should be redesigned for the inclusion of responsibility like environmental compliance, health, and safety, optimization of inventory and oversight of different types of cargo.
Besides the transformation of existing job profiles, technology also helps in creating new jobs. Right from data analysts to blockchain engineers to drone operators, a number of professions can attract freshers.
These are crucial factors underlining the significance of skill development in logistic training so that workers can exploit these advantages for redesigning their jobs. It is also important to teach technology management for augmenting productivity.
Besides implementing the proper skill development program, it is important to consider including apprenticeship programs. It should also define the standards along with methodologies of assessment and training. Also, mentoring the professionals by trained experts can keep in sync with the current trends in the transport and logistics sector of the country. Having an adept and competent logistics sector is very important for a well to do the flow of trade. This, in turn, has a positive effect on strengthening the economy and the creation of better jobs.