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Supply Chain

Supply Chain Weak Links Affect Consumers Adversely

Supply Chain

The supply chain industry in Ireland continued to grow in the last 12 months with a number of multinational companies setting up EMEA manufacturing or virtual headquarters across the country from Galway to Cork and Athlone to Dublin. Candidates are coming to the Irish market in large numbers, in particular experienced Irish supply chain professionals are returning from Australia, Canada and the United Kingdom. This in turn increases supply of candidates but they are being more selective of the jobs and the salaries they require. There is currently a gap in the market between what companies are paying and what candidates can now demand. In 2016 salaries increased in the pharmaceutical, medical devices and food industries, however companies with exposure to Brexit in terms of exports will keep salaries constant as they navigate the ramifications of the changing political landscape.

 

After speaking with senior managers and directors all year about developments at their companies a number of key trends have emerged.

 

Real-Time Tracking for Consumers is Paramount for Customer Engagement

For any company that is supplying produce or specific products directly to consumers, real time tracking is essential to keep the customer engaged. With the world being “smaller” and more connected, consumers have a myriad of choice when it comes to spending their money. This leads to impulse buys and the expediency of a speedy delivery, is essential. This is making the visibility of tracking technology used by the company directly or third party logistics (3pl) providers vital.

 

Plan, Plan, Plan – Improvements are Always Needed

Brexit, currency fluctuations, increased tariffs, geographical disruption – supply shocks are everywhere. 2016 was a year of turbulence and change with most of the aforementioned occurrences unpredicted at the start of the year. However, regular planning or even reactive planning to changing market conditions was essential for nearly every company dealing with a changing geo-political environment in Ireland, the EU and beyond.

 

Flexible Supply Chains V Lean Supply Chains

The focus over the past number of years, and rightly so, has been to champion Lean principles throughout the supply chain. This has led to companies reducing costs and trying to improve processes on a regular basis. Between supply shocks and the changing global economic and political landscape, companies can be left with major stock shortages affecting key parts of their supply chain. With consumers being more transient, keeping or maintaining service delivery through a period of disruption is key. More and more companies have set up excess stock facilities and depots for excess raw materials to insure continuation of supply instead of irreparable damage to their brand over the long term period.

 

With expansions and new system implementations rampant as companies seek to increase market share and deliver a better service offering to consumers, supply chain experience to improve and create a flexible supply chain for a European marketplace is being sought in the form of senior contractors for certain durations from 2 months to 2 years. For those in Supply Chain or interested in getting into it, courses to upskill in a different ERP system would be hugely beneficial the movement evermore to Big Data and its usages across the supply chain function. Supply chain qualifications as a primary degree are becoming more in demand, putting certain candidates at a disadvantage therefore bettering a qualification is advisable. Undertaking a supply chain course, particularly one with classroom participation, thus drawing from other students’ supply chain experience would be advisable as more and more companies are looking for people to have a supply chain qualification on top of their initial degree.

 

Posted by Recruitment Consultant, Sigmar on 4 December 2017

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Sigmar Recruitment wins Recruitment Agency of the Year at ERF Awards 2021

Sigmar Recruitment wins Recruitment Agency of the Year at ERF Awards 2021

We’re thrilled to announce that Sigmar Recruitment picked up Recruitment Agency of the Year and Best in Practice – Sales & Marketing at the 2021 Employment & Recruitment Federation Awards on Friday 25th February 2022. In a year that Sigmar Recruitment will celebrate another major milestone; of being in business for 20 years, we are over the moon to receive this recognition. Speaking on the win, Sigmar CEO, Adie McGennis said; “It is a great testament to every single person in Sigmar and the professionalism, coolness and positivity they displayed over the challenges of the pandemic. Their ability to get involved in not just providing excellent service to our clients and candidates but initiatives such as Talent Summit and Ireland, Gateway to Europe, I’m so pleased for the team to receive this recognition. It has been a record-breaking year and this is the crowning achievement.” Alan Murphy who accepted the Best in Practice – Sales & Marketing Award added, “We are delighted to have won this award again after what has been a challenging but ultimately rewarding year in recruitment. It’s a testament to how the team adapted to the demands of the market and will inspire us to continue to grow our high performing team and offer a best-in-class service to our candidates and clients alike!” The postponed ceremony took place in the Shelbourne Hotel and was attended by over 360 guests. The awards are designed to identify and reward excellence in recruitment in Ireland and is judged by an independent panel, including representatives from the international recruitment sector, the National College of Ireland and DCU. A huge congratulations to all of our fellow ERF Award winners and nominees. Visit the Employment & Recruitment Federation website to see a full list of the 2021 winners. 

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Salary Guide 2022

Salary Guide 2022

Download - Salary Guide Ireland 2022 (PDF) Executive Summary From Adie McGennis, CEO What a year! We came into the year with high uncertainty but hope that we had all seen the chaotic stage of the pandemic over and a “New Normal” (or “New Abnormal”) giving stability and growth to businesses and economies.  Equity markets and job vacancies grew in the first half of 2021 to record levels. At Sigmar, we had experienced our strongest month in twenty years by May and have broken business records since then. It applied to both the permanent and temp/contract jobs market. This in itself, is unusual because generally strong markets see an increase in permanent hiring, and less utilisation of temps and contractors. Such was the nearly frenzied, demand that companies looked for any solution to enable their growth.  Salary inflation, as well as price inflation, began to increase, but all indicators show that further increases are coming. This was across the board, but particularly in IT and life sciences. Certain skills are experiencing double digit inflation, purely because demand is at an all-time high. Supply of skills by re-training or re-educating staff from sectors that suffered (retail, hospitality, etc.) was slow.  It does present opportunities for SMEs to compete with larger multinationals, as the employee experience has never been more important and the flexibility that SMEs can generally give and the speed by which they can move, can give significant edge.  Remote work obviously continued to increase significantly, and hybrid models seem generally to be the optimum for employees. Tax and legislative issues with working in a different country has slowed this internationalisation, but it does present excellent talent opportunities once it is well planned. Traditional professions, like accounting, HR and legal grew as pent-up demand was evident. In Ireland particularly, construction is very buoyant after the tight Covid restrictions closed many sites in 2021 lifted and the need for housing requires a large increase in activity in the coming years.  So, a year of unprecedented growth in demand for talent, giving challenge and opportunity. The recovery of economies will sustain this growth throughout 2022 but some apprehension prevails that global economic shocks could accelerate recession. So, it is difficult to be over-confident on a medium-term basis. Predictions are difficult but I would estimate that demand will begin to level out and drop late 2022 and return to more “normal” or pre-Covid levels in 2023.  The various Covid strains continue to challenge, but more importantly we hope everyone stays safe and healthy.