Sourcing and Prequalification

The Impact of Labor Shortage on Supply Chain Management

Avetta Marketing
min read

An imminent labor shortage in key regions is set to shake up global supply chains. According to the latest research by Korn Ferry, businesses across the globe could be dealing with a labor shortage of  85.2  million skilled workers by 2030. The dent in revenues is projected to be around  $8.45  trillion or the combined equivalent of the GDPs of Germany and Japan.In this white paper we discuss:the labor shortage crisis from a supply chain management lens  common methods and strategies to combat the labor shortage  the potential of robotic process automation for purchasing and supply chain management   This white paper was co-authored by thought leader and Avetta Fellow, Brian Fielkow. He is a highly regarded business executive and author with extensive supply chain, safety, and leadership experience.

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Supply Chain Management
Supply Chain Risk
Sustainability
Workforce Management