Insync Recruitment Group has been very busy, not only interviewing candidates and meeting with businesses but attending industry events and so much more! Bring on Q2… 😊
Insync Recruitment Group is a proud privately owned small business that will continue to promote our standout Candidates, Jobs and Recruitment/Industry updates while throwing in the odd funny which we all need from time to time...
Rapid rising costs of food, fuel and transport are not going to change soon according to an RMIT professor, as long as supply chain disruptions continue.
Professor Vinh Thai, who teaches at the RMIT School of Accounting, Info Systems and Supply Chain, said reduced sailings, shortage of empty containers and port congestions have significantly added costs to the supply chain, indirectly increasing costs of food and other commodities.
These inflationary woes, especially impacting essential items, won’t improve any time soon given the uncertainties that persist across global supply chain networks.
“This is not expected to improve any time soon, given the uncertainty of the ongoing war in Ukraine, skills shortage, congestion in some world’s major ports, and unpredictable geopolitical events such as the conflict between China and Taiwan,” said Vinh.
“Businesses need to build up and enhance their supply chain resilience capability to ensure the costs of transporting essential items aren’t being passed onto Australians. Their supply chains should be able to efficiently predict, respond and recover from disruptions,” he said.
Promoting best practices, investment promotion and buyer-seller matching events for supply chain diversification through the Supply Chain Resilience Initiative with Japan and India was a step in the right direction but more needed to be done according to Vinh who supported the development of a national supply chain resilience strategy.
“The government can further support this by introducing policies which support the development of the national supply chain capability through building key infrastructure including digital in logistics, especially maritime logistics, given the maritime dependency of Australian trade,” he said.
“On a global scale, governments need to be working together to provide incentives for cross-border supply chain collaboration, especially in the South East Asia region and take a more proactive role in logistics and supply chain manpower development.”
Professor Vinh is the founder of the Australian Maritime Logistics Research Network (AMLRN), connecting maritime academics and industry professionals in Australia and overseas.
Credit: Prime Mover Magazine.
Just like the industry we recruit within; we do not stop over the Christmas & New Year period!
The Insync team enjoyed a long lunch out at Jensens Restaurant this week to celebrate Christmas and another challenging yet successful year in business! The food and service was incredible, highly recommended!
As always, a fantastic catch up with Paul & Caroline Zalai of Freight & Trade Alliance planning out 2023. The industry has been in dire need of a solution for entry level candidates, and we are in talks on how we make this a reality! Watch this space for more!
Christian was lucky enough to attend Logixboard's Melbourne Cup Harbour Cruise aboard Glass Island. A fantastic day of sun, company & flowing drinks! Thank you to Logixboard for the invite - looking forward to the next one already!
Keep an eye out for Leanne's article in the latest FTA 'Across Borders' on Post COVID Employee Trends. If you are interested in joining Freight & Trade Alliance, contact them at info@FTAlliance.com.au
The Insync Recruitment Group team took a much-needed break from their desks and enjoyed a round of golf and a couple of drinks at Holey Moley in Alexandria. It was a well-contested day with plenty of laughs as well as some interesting swing techniques going around!