Among the challenges that badger the Indian supply chain industry, a significant one is the dearth of skilled workforce. And while the government is progressively working towards fixing the issue, it will ultimately take high level of collaboration and communication between the government, the industry and educational organisations to bring about a change. To that end, the Headsup Corporation and the National Institute of Industrial Engineering (NITIE), Mumbai, signed a MoU to provide solutions to create a skilled workforce. The objective of the collaboration is to mutually develop human capital on a large scale to address the transformation of traditional logistics to digital logistics.
“Through this partnership, our focus is on promoting courses and programmes that will improve logistics efficiency, primarily through digitization, and creating a technology-savvy workforce in this domain by giving varied certifications. Training, Teaching students and officers about PM Gati Shakti and National Logistics Policy is also a major focus of this association, where we will jointly work towards a more efficient Indian Logistics Sector!”Prof. Manoj K. Tiwari, Director, NITIE
In order to achieve the desired goals, both parties will be working together to enhance the workforce’s capabilities by delivering training programmes, designing and developing specialised courses, and building an industry-ready talent pool. Along with this, they will organise seminars, conferences, and workshops to create awareness about the logistics and supply chain sector. Headsup Corporation and NITIE will be working together to put together training, branding, and career development initiatives for the logistics and supply industry.
“For Headsup, this memorandum of understanding marks a key turning point since it strengthens our dedication to staying on top of market trends and advancements. We are thrilled about the countless opportunities that this partnership will bring to light. To build a better future for the supply chain and logistics industry, we look forward to working with NITIE.”Sumit Kumar, Director of Headsup Corporation
The following prove as a challenge in creating a skilled workforce for India’s supply chain sector:
- Lack of Proper Training: The supply chain industry requires employees with a diverse range of skills, including logistics management, inventory management, procurement, and transportation. However, many of the educational institutions in India do not offer courses that specifically prepare students for these roles. As a result, employees often require significant on-the-job training, which can be time-consuming and expensive for employers.
- Low Skilled Workforce: India has a large population of unskilled laborers who lack formal education and training. Many of these workers are employed in the informal sector, and their skills may not be suitable for the supply chain industry.
- High Attrition Rates: The supply chain industry is known for its high attrition rates, which means that companies have to constantly hire and train new employees. This can be a costly and time-consuming process that impacts productivity.
- Rural-Urban Migration: Many skilled workers from rural areas migrate to urban centers in search of better employment opportunities. This creates a shortage of skilled workers in rural areas, where many manufacturing and supply chain companies are located.
The rapid rate of growth in India’s supply chain industry is a two way street. It is one of the major employment generating sectors, yet yearns for educated and skilled workforce as it increasingly embraces technology in every aspect. The current workforce also needs reskilling and upskilling to maximise output, meet market demands, and reap the benefits of the industry’s modernisation. The transformation of the logistics sector presents significant growth and development opportunities, and India is well-positioned to take advantage of these opportunities.