Skill Dynamics Releases Skills Report 2025, Addressing Critical Skill Gaps and Industry Challenges in Supply Chain Management
London, UK – October 8th 2024
Skill Dynamics, the leading provider of role-based, practical eLearning for procurement and supply chain teams, is proud to announce the publication of its highly anticipated Skills Report 2025. This comprehensive report offers an analysis of the evolving landscape of supply chain and procurement, highlighting key trends, challenges, and opportunities for industry professionals.
In collaboration with Supply Chain Management Review, the Skills Report 2025 dives into the critical importance of continuous learning and upskilling within procurement and supply chain management. With technology advancing and industry disruptions becoming the norm, cultivating a resilient and future-proof workforce is no longer just beneficial—it's essential.
Key Findings
Observations and challenges within the supply chain:
- Interpersonal Skills: 72% of survey respondents highlighted interpersonal skills as critical to their roles, with cost management (71%), strategy (65%), and project management (62%) also deemed essential.
- High Turnover Concerns: 64% of companies are worried about the loss of critical skills due to high employee turnover, while 47% are concerned about increased error rates.
- Competency and Confidence: Though 90% of respondents feel adept at using new technology and software, a staggering 73% feel uncertain about dealing with the evolving nature of their roles, underscoring the need for targeted support and training.
- Industry-Wide Issues: Nearly one in four supply chain and procurement leaders have yet to see significant improvements despite major investments in digital technologies designed to drive efficiency.
Finding a solution to employee churn and skill shortages:
- Retention Is Key: 63% of professionals consider a competitive salary a crucial reason to stay with their current employer, followed by feeling valued (56%), company culture (47%), and incentives (44%).
- Investment in eLearning: Organizations that prioritize employee training and utilize modern tools like eLearning are better positioned to build resilient and future-proofed supply chains.
- Success Metrics: Skill Dynamics has helped over 520 global companies upskill their teams, reduce employee churn, and decrease carbon output through cost-effective online training.
- Skill Assessment Tools: Skill Dynamics' sophisticated skill assessment tool creates tailor-made learning plans, utilizing over 1,000 role/level combinations suitable for every position in procurement and supply chain teams.
The Skills Report 2025 reveals critical insights into today's workforce challenges, demonstrating that the traditional approach of placing a 'help wanted' ad to attract multiple qualified candidates is now obsolete. The findings emphasize the urgent need for comprehensive training programs that equip teams with essential skills for the evolving supply chain and procurement landscape. The report identifies digital aptitude, demand and supply planning, negotiation, and cost management as vital competencies necessary for business success.
Skill Dynamics is at the forefront of transforming corporate learning for supply chain and procurement teams through its advanced eLearning academies. Trusted by leading global brands, Skill Dynamics leverages the latest cognitive learning theories and cutting-edge technology to deliver high-impact, practical training that enhances performance and supports operational goals.
For further insights, download the full Skills Report 2025.
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