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.