Ongoing e-commerce growth fueled by a variety of factors, from COVID-19 to the increased popularity of online shopping, continues to change the way consumers shop and interact with brands. But what does it mean specifically for the supply chain and logistics industry?
A recent Wall Street Journal article pointed out that, while some brick-and-mortar retail jobs have been eliminated, more jobs in fulfillment, delivery, and related e-commerce roles were created between 2007 and January 2020 than those lost, according to Michael Mandel, chief economic strategist at the Progressive Policy Institute. While the U.S. job market continued to dip after January, the proportional rise of supply chain and logistics industry jobs is predicted to continue, which is welcome news for people across the country looking to break into this high-growth industry.
In a global economy of growing consumer expectations with new brands entering the e-commerce space and well-established brands ramping up their e-commerce offerings, a digitized supply chain backed by an experienced team helps businesses stay competitive. With this continued trajectory towards a need for increased supply chain and logistics talent, digitally transforming the supply chain to increase flexibility, visibility and reduce costs will enable all the players in the market to effectively confront these challenges.
As the WSJ points out, automation in the workforce can create anxiety about job loss, while in fact, automation often creates more and better-paying jobs than it eliminates. Companies that adopt automation use it not only to streamline production, but to find new ways to offer valuable goods and help make its workforce more efficient.
Likewise, along with creating more jobs, advancements in automation create greater accessibility to supply chain technology; so organizations of all sizes can opt in to digital transformation and create stronger e-commerce strategies that will help them compete with a growing influx of e-commerce brands across categories.
For companies looking to enhance e-commerce strategies and the way they execute supply chain outcomes, automating processes for sourcing and delivering goods through technology can offer a clearer view into the supply chain and help organizations empower their workforce to drive better business decisions.
To learn more about how a multi-carrier shipping system can meet your e-commerce shipping needs, contact us today.