In a project of the Washington Council on International Trade & the Trade Development Alliance of Greater Seattle, international trade found international trade as a key driver of Washington State’s economy. In fact, approximately 40% of all jobs are tied to international trade. A glimpse of the findings are found in the info graphics below.
Business Challenges That Drive The Supply Chain Agenda
60% Have Open Positions – More vacant jobs than talented well-trained workers
15% Of Positions Open, on average – Positions are typically vacant for five months or more
Global Supply Chain Challenges
Results from a 2012 UPS change in supply chain survey targeted at 125 U.S. based high tech companies demonstrates concerns in the following areas. Results are relative to the global supply chain and the three “pain points.”
42% of supply chain decision makers say that managing inventory is their primary concern.
48% of supply chain managers say extended lead times are another primary concern.
38% of supply chain decision makers say end to end visibility is another primary concern.