APICS The Association for Operations Management and the Cameron School of Business at the University of North Carolina Wilmington released the third quarterly APICS Operations Management Employment Outlook today. Data reported in the October 2009 survey indicate that 51 percent of survey respondents with hiring responsibility anticipate hiring staff in the next 12 months and 67 percent of those (34 percent of survey respondents with hiring responsibility) anticipate hiring in 1 or more of the following operational areas; execution and control of operations, purchasing /customer relationship management (CRM), quality, resource planning and supply chain management. Resource planning (10.1 percent) and supply chain management (9 percent) are expected to see the greatest rate of growth, according to the APICS Operations Management Employment Outlook.
These data reflect an increase of 4 percent from the second quarter of 2009. In contrast, 29 percent of survey respondents with hiring responsibility anticipate layoffs during the same period of time, with 23 percent of those (meaning, 7 percent of survey respondents with hiring responsibility) planning to layoff in 1 of the following operational areas; execution and control of operations, purchasing/CRM, quality, resource planning and supply chain management. These data reflect a decrease of 7 percent from the second quarter of 2009.
â€œThe increases in hiring and decreases in layoffs detailed in the report are especially promising when contrasted with data from the first and second quarters of 2009,â€ said APICS CEO Abe Eshkenazi, CSCP, CPA, CAE. â€œOperations management jobs are integral to the productivity and financial stability of organizations across industries. Indicators of a return of these jobs bode well for the economy as a whole.â€
â€œHiring and employment are critical elements of economic forecasting,â€ said Drew Rosen, professor of operations management at the University of North Carolina Wilmington and a member of the research team. â€œThe data in this report indicate a positive change in the economy and improved unemployment numbers over the next year.â€
The APICS Operations Management Employment Outlook charts future hiring and employment data for the operations management profession. This outlook differs from other published indices as it is forward looking, whereas other indexes are calculated based on historical data. This valuable new forecasting tool gives industry professionals and economists another source of key data to use in predicting economic growth or decline.
The initial data collection took place in March 2009, with a second and third round of data collection in July and October 2009. A random sample from a population of 30,000-plus operations management professionals was surveyed to identify prevailing compensation levels and anticipated hiring trends for operations management professionals over the next year. The survey has a margin of error of less than 5 percent at a 95 percent confidence level. The most current APICS Operations Management Employment Outlook surveys are available at www.apics.org/research.
Click here for a direct link to the Employment Outlook Report.
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About APICS The Association for Operations Management
APICS The Association for Operations Management is the global leader and premier source of the body of knowledge in operations management, including production, inventory, supply chain, materials management, purchasing, and logistics. Since 1957, individuals and companies have relied on APICS for its superior training, internationally recognized certifications, comprehensive resources, and worldwide network of accomplished industry professionals. For more information, visit www.apics.org.
About the University of North Carolina Wilmington
The University of North Carolina Wilmington is a comprehensive public masterâ€™s university focused on high quality teaching, research and outreach. UNCW offers bachelorâ€™s degrees in 52 majors, 35 masterâ€™s degrees, a Ph.D. in marine biology and an Ed.D. in educational leadership. For the eleventh consecutive year, UNCW is ranked among the top 10 public masterâ€™s universities in the South by U.S. News and World Report. The university was also named among the 2010 â€œBest in the Southeastâ€ by The Princeton Review, for the sixth consecutive year.