How to address the growing skills gap in global trade management
Ongoing changes in the regulatory, technological, and business environment in which global trade professionals operate, has led to companies reporting difficulties finding people with the right set of skills to meet the challenges of this increasingly complex and technology-driven profession.
Now more than ever, logistics and supply-chain specialists need a diverse range of skills to do their jobs and advise business leaders about regulatory and compliance strategies. Communication and leadership skills, legal knowledge, negotiation techniques, technical know-how, business acumen, and problem-solving abilities are all part of the supply chain professionals’ toolkit now, and companies are looking everywhere to find the talent they need.
At the same time, companies involved in international trade are operating in an environment that is increasingly digitized and automated, so implementing a modern GTM system to manage it all has become almost mandatory. Even an automated software system cannot do everything by itself, so companies need people who understand how to use these systems and how to get the most out of the powerful tools such systems provide.
This combination of needs means that companies need to simultaneously invest in training their people to fill individual skills gaps and in upgrading their technology to remain competitive in their respective industries. In short, pairing the right technology with the right people is key to addressing the global trade profession’s growing skills gap.
Download our new white paper to understand:
- How global trade has evolved
- The difficulty filling key roles
- The different skills needed
- How to work towards the right solution