MHI Solutions - Volume 4, Issue 2 - (Page 7)

CEO UPDATE A Supply Chain's Most Important Resource: People Improving Supply Chain Performance MHI 2016 Board of Governors John Paxton, Chairman, MHI Terex Corporation Gregg Goodner, President, MHI Hytrol Conveyor Company, Inc. Brett Wood, Vice President, MHI Toyota Material Handling USA, Inc. Jay Anderson Steel King Industries, Inc. Steve Buccella Dematic Corporation Bryan Carey Starrco Co., Inc. Brian Cohen Hanel Storage Systems David Lippert Hamilton Caster & Mfg. Co. Kevin O'Neill Steele Solutions, Inc. George W. Prest MHI Larry Strayhorn WEPCO, Inc. Colin Wilson NACCO Material Handling Group, Inc. David Young EGA Products, Inc. MHI Solutions is published quarterly for MHI 8720 Red Oak Blvd., Ste. 201 Charlotte, NC 28217-3957 704/676-1190, fax: 704/676-1199 Published by 5950 NW 1st Place Gainesville, Florida 32607 352/332-1252, 800/369-6220, fax: 352/331-3525 Publisher: Jessica Semonin Editor: Robin Lamerson Project Manager: Heather McMillen Publication Director: Robert Shafer Advertising Sales: Alex Hammond, Chris Zabel, Erin Pande, Jason Zawada, John O'Neil, Tracy Goltsman, Wayne Jury Research: Brianna Martin Designer: Sharon Lynne ©2016 Naylor, LLC. All rights reserved. The contents of this publication may not be reproduced by any means, in whole or in part, without the prior written consent of the publisher. More than 11 million people work in the U.S. supply chain- that is 8.6 percent of the nation's workforce. However, a shortage of skilled workers remains. Without a doubt, the skilled workforce shortage is the biggest challenge facing this industry. The need for new skill sets to run the new breed of digitized, connected supply chains will only intensify this talent gap. As lower-skilled jobs are increasingly replaced by a more connected, automated supply chain, new, higher-skilled, higher-paying jobs will be created as entirely new categories of work are defined. By taking advantage of technology and innovation, these supply chain jobs will be safer, productive, flexible, engaging and more digitally focused. But where do we find the talent and how do we retain it? The supply chain workforce shortage was the most important issue that came out of the soon-to-be released 2016 MHI Annual Industry Report: Accelerating Change: How Innovation is Driving Digital "Always-On" Supply Chains. According to the report, the workforce shortage is the biggest challenge facing supply chains. A full 58 percent of respondents indicated that they face a significant challenge in hiring and retaining a skilled supply chain workforce. Additionally, 56 percent say that training their workforce to use new technologies is a top priority. We, as an industry, need to do a better job of spreading the word that supply chains require a diverse group of professionals that utilize innovation, creativity and smart thinking to not only drive operational efficiency but to keep the economy going. Because supply chains work behind the scenes, you only hear about them when there is a disruption. Through initiatives like the video campaign and the New Generation Supply Chain Workforce track at MODEX 2016, MHI is working to increase awareness of the amazing and rewarding career opportunities available in this industry. MHI's Career & Technical Education Program and College-Industry Council on Material Handling Education are also focused on this issue. Both are holding Student Days at MODEX 2016 with high school and university students. MHI is also organizing a Career Forum at MODEX where MODEX attendees can view jobs that are available from MODEX exhibitors. That's a start, but we need to do much more. This issue of MHI Solutions focuses on this important topic, from changing skill sets to developing a talent management strategy on how to work with the new generation of supply chain professionals. We have also included detailed information on MODEX 2016, being held in Atlanta as you read this. MODEX is where the brightest minds in the supply chain gather to discuss the trends of today and the challenges of tomorrow. With 800 exhibits and over 100 educational sessions, it's also where leading companies get reliable information and solid advice about capital expenditures and supply chain investments. Many of these investments are among the submissions for the 2016 MHI Innovation Award which you can view on page 89. The Innovation Award winners will be announced at MODEX during MHI Industry Night on April 6. I hope this issue of MHI Solutions helps provide the information and resources you need to address workforce issues in your supply chain. Remember every day is a good can make it a great day! Cheers! George W. Prest Chief Executive Officer, MHI PuBLISHED MARCH 2016/MHI-Q0216/2358 * MHI SolutIonS 7

Table of Contents for the Digital Edition of MHI Solutions - Volume 4, Issue 2

CEO Update
Emerging Technologies Produce Business Benefits and Talent Challenges
Developing a Talent Management Strategy
Collaborating with Education
Love your Supply Chain Career?
The Power of Mentoring
Eleven Ways to Diversify the Supply Chain: Insights from the Field
How Do You Build A Successful Career in Supply Chain?
Donated Equipment Gives High School, Community College Students Hands-On Experience
Industry Focus: Retail
MODEX 2016
2016 MHI Innovation Award to be Presented at MODEX 2016
Industry Trends
Economic Market Analysis
The Jobs, Wages, Output and Taxes of the Supply Chain
Safer Handling
Solutions Group Update
Fulfillment Update
Solutions Spotlight
Scholarship Winners: Where Are They Now?
MHI News
Index of Advertisers

MHI Solutions - Volume 4, Issue 2