We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • BLOGS & MORE
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • SCQ Forum
      • Reflections
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • BLOGS & MORE
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • SCQ Forum
      • Reflections
    • Mobile Apps
Home » STEM and the supply chain
Afterword

STEM and the supply chain

November 4, 2013
Peter Bradley
No Comments

On several occasions in the past couple of years, I've had conversations with executives from material handling equipment makers and integrators during which they've mentioned the number of openings their companies have for engineers. I often hear of large companies having 100 or more open slots.

Their comments are in line with press reports that the United States is producing far too few engineers to meet future demand. Observers point to China and India, nations that purport to graduate by an order of magnitude many times more engineers than the United States does. That those numbers are highly suspect is a topic for another time. The issue here is the widespread worry that we don't have enough students pursuing degrees in the STEM fields—science, technology, engineering, and math—to ensure our future competitiveness in a global economy.

Yet a number of economists now argue that while many employers see a dearth of STEM professionals, the nation actually doesn't have enough jobs for the graduates we are producing. Paul Beaudry, an economist from the University of British Columbia, argued in a paper he and colleagues published in January that the demand for skilled workers in the United States began to decline in about the year 2000—not coincidentally at the time of the dot-com bust.

Why the contradiction? If Beaudry and his co-authors are correct, the decline has been hidden from view by the peculiar way it has played out. In their paper, **ital{The Great Reversal in the Demand for Skill and Cognitive Tasks,} they wrote, "In response to this demand reversal, high-skilled workers have moved down the occupational ladder and have begun to perform jobs traditionally performed by lower-skilled workers. This de-skilling process, in turn, results in high-skilled workers' pushing low-skilled workers even further down the occupational ladder and, to some degree, out of the labor force altogether." Or, as he said during an interview on the superb radio program **italic{Marketplace,} "I wouldn't want to exaggerate—it's not like everyone is getting a barista job, but that's exactly the feeling." So the lack of good jobs for the mostly highly trained STEM professionals plays out in under- or unemployment for those with the fewest skills.

This is important to material handling, logistics, and supply chain management. Jobs in these professions are becoming increasingly technical, and the tools that support them are becoming increasingly complex. Certainly, supply chain analysts need a good understanding of math and statistics as well as the ability to work software tools to solve operational problems. If the next generation of potential STEM graduates perceives—accurately or not—that job prospects in those areas aren't promising and they turn to management consulting or, heaven forfend, Wall Street, we have a problem.

  • Related Articles

    Building resilience into the supply chain: interview with Yossi Sheffi

    Untangling the supply web

    Supply chain evangelist

Recent Articles by Peter Bradley

Revisiting the TPP

Building resilience into the supply chain: interview with Yossi Sheffi

A champion for supply chains: interview with Kevin Smith

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • The 3PL industry: time to reset

  • Supply chain resiliency starts with supplier mapping

  • Freight market growth expected to slow in 2021

  • Seizing the helm

  • The Top Supply Chain Pains That You Should Address For a Healthier 2021

Featured Video

Be8de8b1 9bd3 48d6 9400 0bf476fd1f5d

Optimization Through Lean Management 

Viewer Contributed
Uncertain times can put a tremendous strain on your business’s people, processes and supply chains. However, operations can mitigate some of these factors by adopting lean management principles and instilling a culture of continuous improvement. Raymond Lean Management Manager of Solutions and Support Centers Keith...

FEATURED WHITE PAPERS

  • The Top Supply Chain Pains That You Should Address For a Healthier 2021

  • Research Report: New Rules for Supply Chain Insights, Collaboration and Overall Resiliency

  • Logistics 2030 – Navigating a Disruptive Decade (Year 2 Report)

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing