14 DC VELOCITY NOVEMBER 2019 www.dcvelocity.com
newsworthy
CSCMP panel shares key ways to
attract and retain millennial workers
Harnessing the talent of the millennial generation is no easy
task, but it’s increasingly important at a time when the largest
generation of youth in history makes up nearly 50% of the
global workforce. In that spirit, the Council of Supply Chain
Management Professionals (CSCMP) recently assembled a
panel of three millennial entrepreneurs to share their thoughts
on attracting young talent and integrating it into the larger
workforce.
Moderated by Professor Felisa Higgins of Penn State
University, the panel featured Seema Bansal, co-founder of
Venus ET Fleur, a supplier of preserved rose arrangements;
Chieh Huang, CEO of Boxed, an online and mobile wholesale
retailer offering direct delivery of packaged bulk items; and Eric
Termuende, co-founder of No W Innovations and author of the
book Rethink Work. The group addressed a range of questions
about the gig economy and millennials’ “journey to change the
world,” all through the lens of attracting and retaining talent in
today’s supply chain environment.
So, what should managers know about the millennials they
oversee? The panelists offered the following observations:
b Transparency and trust are key factors in attracting and
retaining millennial workers. Companies must be honest about
employment expectations and clearly articulate the culture of
their company.
b Focus on who people are not what they are, advised
Termuende. Rather than paint all millennials with a broad
brush, try focusing on matching the right individual to the right
position, regardless of what generation they were born into.
b Build a collaborative environment where “people are heard,”
advised Bansal, noting that this is an important way to tap the
creativity of the millennial generation.
b As managers, understand that you will spend considerable time “keeping the peace” between millennials and
other generations in your workforce, added Huang. Leaders
should approach this as if they were tackling a supply chain
problem: by removing the friction to create a smoother-running operation.
go figure …
17%
The drop in the volume of used Class 8 trucks sold in
September compared with sales the same month a year
ago. This represents the 11th consecutive month of contraction for the category.
SOURCE: ACT RESEARCH
CRN, a brand of The Channel Co., has named
Barcoding Inc. to its 2019 Solution Provider
500 (SP500) list, an annual ranking of the
largest North American IT channel partner
organizations by revenue. … Global transportation and logistics services company
Pilot Freight Services was recognized by
Technicolor, a third-party logistics service
provider for major motion-picture studios,
as its 2018 Logistics Provider of the Year.
… For the seventh time in 13 years, Hong
Kong Air Cargo Terminals Ltd., an independent cargo handler, was honored as
“Air Cargo Handling Agent of the Year”
at the World Air Cargo Awards 2019. …
MatchBack Systems Inc., a software-as-a-service solution for planning, optimizing, and
automating shipping container street-turns,
has won the 2019 Entrepreneurial Award
from the Greater Green Bay (Wisconsin)
Chamber of Commerce. … CHEP Canada, a
provider of supply chain shipping platforms
and solutions, was named a 2019 “Best
Performer in Northern America” in this year’s
Sustainability Leadership Awards program.
The awards, which are based on assessments
by independent rating agency EcoVadis,
recognize companies leading the charge in
sustainability performance and innovation
around the globe. … Less-than-truckload
carrier Dayton Freight Lines Inc. was named
the 2018 Midwest Regional Carrier of the
Year by third-party logistics service provider
American Group. … Temperature-controlled
storage specialist Lineage Logistics LLC has
received a 2019 Better Practice award from
the U.S. Department of Energy’s (DOE)
Better Plants program. The DOE recognized
Lineage for pioneering a way to cut energy costs and increase its use of renewable
energy sources by precisely timing electricity
consumption. … Penske Logistics was recognized by aluminum recycler Novelis with a
supplier excellence award for logistics solutions. Penske provides dedicated transportation service to Novelis North America and is
a part of its closed-loop automotive-indus-try aluminum supply chain, shuttling loads
between plants in New York and Michigan.
accolades
