Logistics: Building skills to prepare for the jobs of tomorrow

As one of the key foundations for manufacturing, trade and growth, logistics is a strategic component of every economy. The sector can also contribute significantly to job creation. For example, in the UK, logistics is a $120billion industry that employs about 8% of the workforce. In India, it is a $160billion industry accounting for 22 million jobs, with employment growing 8% annually.
In 2016 and 2018, the World Bank’s Logistics Performance Index found that many developing countries face a significant skills gap in the logistics sector, especially at the managerial level. Similarly, several studies conducted in emerging economies such as China, India, and South Africa report shortages of supply chain talent.
In that context, emerging economies must tackle two critical challenges in order to develop a competitive logistics sector:
- How can governments plug the skills gap in logistics?
- How can the sector cope with the rapid changes brought about by technology, such as warehouse automation “freight uberization” or online platforms matching demand and supply, and their impact on the labor market?
- Tags:
- capacity building
- skills building
- digital jobs
- jobs
- Human Capital
- labor market
- skills
- automation
- Future of Work
- supply chains
- trade facilitation
- logistics
- Sum4All
- sustainable mobility
- sustainable transport
- Sustainable Communities
- Youth
- Public Sector and Governance
- Private Sector Development
- Labor and Social Protection
- Global Economy
- Education
- Information and Communication Technologies
- Trade
- Transport
- South Africa
- China
- India
- United Kingdom
- Netherlands
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- Singapore