The supply chain industry in Asia Pacific is struggling to attract young talent.
Technology has changed the type of skillsets required in supply chain roles, but new research revealed the industry is not prepared for the advancement in tech.
Research conducted by Bastian Consulting, revealed that the overwhelming majority of respondents think graduates are unlikely to apply for roles in supply chain.
Seventy-two per cent of respondents said graduates are more likely to explore roles in sectors other than supply chain.
Why are young people avoiding jobs in a booming industry?
The survey of more than 500 supply chain executives from Australia, New Zealand, Singapore, Malaysia, Hong Kong, Japan and Thailand, showed that 76 per cent of respondents say there is not enough being done to raise awareness of the opportunities available in the supply chain.
“Over the past 12 months, supply chain has made the headlines and made the public more aware of its important role in society as well the major contribution it makes to the global economy. These results clearly show that the industry can do more to communicate the diverse opportunities available in this growing and exciting sector,” Tony Richter, Founder of Bastian Consulting said.
“We’ve never been busier… it is a bit puzzling as to why the staff is not available” tony says.
Respondents were also in agreement that employers are not doing enough to engage with young people, as 70 per cent said organisations are lacking in apprenticeships or graduate recruitment program opportunities.
Industry needs to do more to “communicate the diverse opportunities available”
Tony Richter says that while there is a lot of investment going into technology, the industry needs to do more to invest in raising awareness of the profession as well as market the many opportunities available to young people.
“People use to think about logistics as warehousing and trucking, transport and forklifts. From a diversity perspective, it was almost entirely male driven”
Tony says.
Tony adds that the sector is on an evolutionary journey, but notes there is more work to be done in terms of the gender balance.
In New Zealand, Singapore, Malaysia, Hong Kong and Japan, the majority of survey respondents think there is a gender imbalance across the supply chain workforce.
On the contrary, just over half of respondents from Australia and Thailand do not think there is a gender imbalance issue in the supply chain industry.
How does supply chain tackle this?
“The tech side of supply chain see’s more gender balance. Not only supply chain, but the tech sector as a whole,” Tony says.
Interestingly, despite the perception that the supply chain sector is grappling with an ageing workforce, less than half of respondents said there is an ageing workforce issue in supply chain.
However, he admits diversity in supply chain is going to be a long term journey,
“Typically in the warehouse and operational areas, that are really male dominant in terms of culture,” Tony says.
"There needs to be a lot of work around investing, encourage and welcoming in those environments. But it won't happen overnight"
Technology is playing a huge role in supply chain and its changing the game
Just over half of respondents said technology has changed the type of skillsets required in supply chain roles. Respondents were more united in their view that the industry is not ready for this change, as 68 per cent of respondents said that the industry is not prepared for the shift in skillsets that will be required.
Tony on the growth of digital supply chains.
Tony says AI and blockchain are a “huge” focus, especially when it comes to adapting the technology to supply chain.
“One of the big areas we’re seeing a lot of focus on right now is implementation and integration.”
Tony notes the opportunities in connectivity of multiple technologies, in a logistics or supply chain environment, is in demand.
“One of the biggest issues facing the supply chain industry is a lack of talent”
Tony says.
This is clearly being felt across the entire APAC region.
“Creating an inclusive culture, equal opportunities and career development programs alongside a united effort to demonstrate that this industry is more than just forklifts and warehouses, should be high on the agenda for any business looking to attract new talent in this sector,” Tony concluded.
Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.
This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.
In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.
All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.
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Boeing’s aircraft deliveries hit a seven-year high, bolstered by demand and new orders, including Alaska Airlines’ purchase of 105 jets.
Boeing has reached its highest level of airplane deliveries in seven years, marking a strong recovery after a challenging period for the aerospace giant. The company is ramping up production of its 737 Max and 787 Dreamliners to meet growing demand from airlines worldwide.
Investors are optimistic as Boeing shares have climbed significantly over the past year, reflecting renewed confidence in the company’s long-term prospects. Airlines are responding with new orders, and Boeing has already secured 1,000 gross orders through November.
Alaska Airlines recently placed an order for 105 Boeing 737 Max 10 jets, further signalling industry faith in the manufacturer. Robust travel demand continues to drive growth for Boeing and its competitor, Airbus, highlighting a rebound in global air travel.
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US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.
US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.
The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.
The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.
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