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Why the Supply Chain Isn’t Pitting Gen Z Against Millennials

29 Jul 2021
Category: News
Author: Evan Pundyk
Shape
When multiple generations come together, innovation begins.

The next-generation of workers are beginning to graduate college, and despite there being an increased need for talent, the supply chain and logistics industries are still struggling to recruit and retain younger employees.

It’s not for the lack of education of young professionals, either. Many universities across the country have added supply chain management programs to their roster, and jobs within the industry are expected to grow until 2028, according to the Bureau of Labor Statistics. However, a study by Bastian Consulting found that a majority of graduates are unlikely to apply for roles because 76% believe that isn’t enough being done to raise awareness of opportunities within the industry.

“Attracting younger supply chain professionals and transportation drivers who belong to the younger millennial and Gen-Z generations are vital not only to the survival of the industry, but its ability to thrive as the lifeblood of the American economy,” says Brian Holland, president and CFO, Fleet Advantage. “Younger generations want to feel like they’re an important part of the greater good, and this is the real message that needs to be communicated to budding professionals who are still deciding where to plant their professional roots. Graduates will be working with their skillsets wherever they land. However, the intricate technology and data analytics paired with supply chain management that is now being utilized to help the industry make its business decisions, is truly what will make younger generations want to stay and grow.”

“In addition to technology tools and resources, younger generations and professionals are also placing a high premium on companies that value diversification within their staff. Equal opportunity is very important to Gen-Z and younger millennials, and companies that demonstrate this as a priority, not just in marketing materials but also in the actions they take, will have a much better chance at attracting from this growing network of available talent,” he continues.

Regardless on the efforts a company puts into recruiting, there is still a large age gap between employees. This is when mentoring – and even reverse mentoring – can benefit organizations. Holland believes that Gen-Z and younger millennials are naturally multi-taskers as they have been raised in a digital environment, allowing them to add a unique perspective to traditional day-to-day tasks.

“In my experience, Gen Z has more curiosity than previous generations. They are unafraid to challenge the status quo, and they ask more questions than their millennial predecessors. The supply chain industry will benefit from the curious nature of the digitally native Gen Z workforce. I expect to see further innovation, automation and flexibility emerge in this historically rigid industry,” says Kari Heyens, VP of recruiting, Arrive Logistics.

Along with this, young professionals are looking to gain new perspective on legacy agencies and re-shape outdated philosophies and equipment. When employees come to work together, they can evolve the industry for the better.

“This isn’t about Gen-Z versus seasoned veterans of 25-plus years. Gen-Z students are honored to work alongside some of the industry’s longest-tenured professionals. But they’re also proud to know that as a young professional they are contributing to the success of the industry as a whole,” says Holland. “In addition to the new ways that data, technology and sustainability are reshaping these industries, they will also see that a new focus on safety initiatives are also critically important today. As these younger professionals make their way into management careers, they will help reshape these management philosophies into the future.”

In the last year we have seen how crucial supply chain management is across the globe. Supply chain professionals have faced significant pressure to source goods throughout the COVID-19 pandemic and are shifting focus into different areas. When generations of workers come together for the greater good of the industry, new waves of innovation begin.

Photo credit: stock.adobe.com/Supply & Demand Chain Executive, original article published here.


Tim Denoyer,
VP and Senior Analyst at ACT Research

As VP and Senior Analyst at ACT Research, Tim analyzes commercial vehicle demand and alternative powertrain development (i.e. electrification), and authors the ACT Freight Forecast, U.S. Rate and Volume Outlook. He previously spent fifteen years in equity research focused primarily on the transportation, machinery, and automotive industries, and co-founded leading equity research firm Wolfe Research.

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Scott Sandager,
Chief Administrative Officer 

Scott Sandager is the Chief Administrative Officer at Arrive Logistics. He joined Arrive in 2018, bringing over 14 years of logistics and brokerage experience, with expertise in project and change management, organizational design, talent development and customer satisfaction. Scott previously held many diverse roles of increasing responsibility with AFN, a Chicago-based freight brokerage.

Barry Conlon,
CEO & Founder at Overhaul

Barry Conlon is the CEO and founder of Overhaul, the global leader in active supply chain risk management and intelligence. With a remarkable career spanning over 30 years in supply chain security, he is widely regarded as a trailblazer in modern-day supply chain security standards and best practices.

Matt Pyatt, Chief Executive Officer

Matt Pyatt is the Chief Executive Officer of Arrive Logistics. He co-founded Arrive with President Eric Dunigan in 2014 after building his career at Command Transportation. As CEO, he is responsible for overseeing the company’s financial health, strategic vision and culture, as well as building a scalable leadership team to support Arrive’s growth.

Eric Dunigan,
President & Co-Founder

Eric Dunigan is the President of Arrive Logistics. He began his career at Command Transportation before co-founding Arrive with Matt Pyatt in 2014. As president, he is responsible for driving revenue and growth, as well as leading the Strategic Partnerships team — a veteran group of supply chain experts who work with Arrive’s customers to reimagine their shipping strategy.

Arrive Logistics VP of Market Intelligence David Spencer Headshot

David Spencer,
VP of Market Intelligence

David Spencer is the Vice President of Market Intelligence at Arrive Logistics. David joined Arrive in 2017 after spending six years at AFN focused on business intelligence. His department provides critical market data and expert analysis to internal teams and publishes monthly market updates for shippers and carriers under the Arrive Insights banner.

Andrew Clarke, Board Chair,
Arrive Logistics and Global Critical Logistics

Andrew Clarke is Board Chairman for Global Critical and DCLI, Inc., and a board member for Arrive Logistics and Element Fleet Management Corp. His 20 years of global transportation and logistics experience include time as CFO of C.H. Robinson, CEO of Panther Expedited Services, Inc. and SVP and CFO roles at Forward Air Corporation.

Dean Croke,
Principal Analyst
at DAT Freight and Analytics

Dean Croke is a Market Analyst at DAT Solutions, where he focuses on freight market intelligence and data analytics. His 35 years of experience with data analytics, transportation, supply chain management, mining and insurance risk management include time as co-founder of FleetRisk Advisors and in a number of other high-level roles with FreightWaves, Spireon, Lancer Insurance, Omnitracs Analytics (formerly Qualcomm) and more.

Asanka Jayasuriya,
CTO and Partner at 8VC

Asanka Jayasuriya is the CTO at 8VC. He is an accomplished engineering and product leader with 20+ years of experience in the cloud. He has a strong background in enterprise SaaS, PLG products, infrastructure, and security. Notably, he served as CTO and SVP of Engineering at SailPoint, leading their successful transition to the cloud and successful exit event. He also held senior leadership roles at InVision, Atlassian, and Amazon, driving growth, operational excellence, and innovation. At 8VC, Asanka works with the entrepreneurs and leaders in our portfolio as a virtual CTO supporting their growth.

Chad Eichelberger,
President at Reliance Partners

Chad Eichelberger is the President of Reliance Partners. Since 2015, he’s leveraged his extensive experience in risk management, compliance, best practices and contracts to lead the company’s logistics and truck insurance strategy and operations. Chad was previously the President of Access America Transport, where he led the company from $8M to over $600M in revenue.

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