The last decade has been one of the most dramatic periods of economic growth and transformation, especially in Asia Pacific (APAC) region. The rise of APAC economies and rapid technological advances in various fields such as manufacturing, ecommerce and automation have highlighted the increasing importance of having robust and resilient supply chains in the region. However, despite more complex business needs in APAC over the past decade, regional supply chain leaders have not changed. Companies need to invest in supply chain leadership in APAC to better meet the business requirements.
Positive changes in the last 10 years
Local talent representation for senior APAC supply chain leaders has more than tripled in the last 10 years, from
This is an area of positive change that shows local talents have been given increasing responsibility.
One area of positive change among APAC supply chain leaders is the increase in local talents over the last decade. Despite that, their profiles remain unchanged in professional experiences, background and gender diversity.
Areas which remain unchanged in the last 10 years
73% of APAC supply chain leaders have been internally appointed; limiting external perspective.
Less than half of APAC supply chain leaders have multi-functional experience, limiting their exposure in the supply chain field.
Gender diversity continues to be a big challenge with female supply chain leaders representing 7% of the talent landscape.
The depth of experience prior to appointment as APAC supply chain leader remains high at over 20 years, partly reflected by the increasing importance of the role.
Average number of companies APAC supply chain leaders work for in their professional career, limiting their external perspective.
How to Develop the Best Talent in Supply Chain
APAC is a region of growing importance for global MNCs and its influence will only grow in the following decades with hundreds of millions of new entrants to the ranks of middle class. The investment and development of APAC supply chain leadership today will allow companies to significantly outpace competition to win in APAC. Key areas of developments include having proven leadership and sufficient depth of experience as well as leaders who have multi-industry and cross-functional experience who can provide external perspectives to the company. Finally, the ability to attract diverse talents and local leaders who understand the region well will be critical for the success of MNCs in the future.
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