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Retail Business Review | Friday, July 29, 2022
Transgistics Talent acknowledges that "talent war" is a reality within the final mile logistics space.
FREMONT, CA: Last-mile delivery aims to deliver a package to its intended recipient as quickly as feasible. The ever-changing market and the desire for a convenient consumer experience in various industries, such as e-commerce, food, and retail, have fueled this development. With geopolitical events and the pandemic causing worldwide supply chain disruptions, having top expertise in transportation and logistics is more important than ever. As a result, there are fewer and fewer qualified candidates available to help navigate these choppy waters.
According to James Tolan, Managing Partner of Transgistics Talent Acquisition, an executive search firm committed to providing executives from middle management to the C-suite to Transportation & Logistics firms across the country, Transgistics Talent Acquisition specializes in recruiting executives from middle management to the C-suite, "Competition for top talent is fierce; you could say we are experiencing a talent war. We have never seen such a strain on the number of really qualified candidates in the past, as factors that have impacted heavily include the 'Great Resignation', private equity roll-ups and consolidation, compensation plan competition, combined with record inflationary pressure on profit points in the industry."
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Few businesses have been unaffected by the ripple effect of cargo and ground transportation capacities caused by blatant global events. This has prompted firm boards to be more deliberate in their search for the proper management team to weather the storm and thrive during it. Some predict it could take between 36 and 48 months to return to pre-pandemic levels.
"We are currently in a growth phase for expanding our search capabilities to also include a strong team to place middle management to complement the A-list of C-suite execs we have typically been retained to deliver," Tolan states.
Initially, the skill shortage was limited to the final mile/home delivery sector. Still, it has expanded to encompass the transportation and logistics industry, including 3PL, Contract Logistics, TL and LTL, and more.
"Many of our legacy clients have tapped us to strengthen their key leaders throughout the organization through our retained search services, but the talent market is changing. The days of one-sided interviews are over, with most top candidates fielding multiple offers from direct competitors at the same time," adds Tolan. "The companies that will win the talent war will do so with a superior people culture, competitive comp plans and a clear path for growth and upward mobility."
Transgistics Talent Acquisition provides companies with talent-driven market intelligence based on meticulously analyzed market trends.
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