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Tuesday December 13, 2005
Retail, Fast Moving Consumer Goods and Logistics
Fast moving consumer goods: fast moving careers Fast moving consumer goods (FMCGs) is a giant industry that is perpetually expanding - Asia Times Online reports that in China it has grown by a jaw-dropping 40 percent over the last five years. It is a haven for jobseekers. As the need for newer, more innovative products arises, so does the need for competent, talented individuals whose skills might bring what was once merely imagined onto supermarket shelves and then into millions of consumers' homes. Professionals in the FMCG industry usually follow one of three very distinct career paths: Thus, professionals in the industry hail from a variety of academic disciplines and universities. A career in FMCG, say human resources executives from Real World, is the right fit for someone who: In the bustling Asian cities of Beijing, Shanghai, Shenzen, Hong Kong, Bangkok, Singapore, Tokyo and Manila, major and minor players in the industry have begun to hire at all levels, after several years of conservative or even 'freeze-hiring'. With Asian markets showing signs of economic recovery, companies are starting to get over their fears of another downturn and are finally looking to grow and expand their businesses. According to Kelly News Services, hiring specialists say they received significantly more calls this year from Asia-based multinationals inquiring after promising candidates than in years past. The selection process at multinational FMCG companies remains tough, with rigorous screenings that include interviews, ability tests, presentations and team exercises. But employees of multinationals are rewarded by starting salaries that are 20-30 percent higher than those offered at local firms. They are also equipped with training programs, possible transfers between departments (such as from sales to marketing), and opportunities to travel to or work at international offices. Who's hiring in Asia? Local/regional FMCG companies Inter Sonic International - Taiwan Intergroup Far East Ltd. - Hong Kong and Shanghai Texchem Group - Malaysia Boonrawd Group - Thailand San Miguel - Philippines Trends in logistics The Asian economic revival -and its subsequent hiring boom- is perhaps most pronounced in the logistics sector. Major and minor players in the logistics industry are seeking fresh talent. Hiring growth in logistics and trucking are up at least 30 percent across the board in all regions of Southeast Asia, reports Kelly News Services. As more and more Asian residents get hooked on placing orders on the internet, companies expect business to thrive. The search for staff is on, and headhunters, particularly in Singapore, Hong Kong and China, are being bombarded with requests for jobseekers with experience in the logistics sector - professionals who are capable of planning, moving and delivering at short notice. In Singapore, the Manpower Employment Outlook Survey reports that local and multinational firms are actively recruiting, as are those in the logistics hub of Hong Kong. But this year's biggest story in the logistics industry is China, where Kelly News Services reports that expansions from Hong Kong are the trend, and the industry is looking to hire 600,000 new professionals. For those already employed in the logistics industry, the picture just keeps getting better, with a forecasted pay increase from 9 to 13 percent in the coming year, reports human resource consultancy Hewitt Associates. Top logistics multinational firms, such as Kimberly-Clark, are also offering general and specialised job training, the possibility of transfers to different departments - such as from Sourcing & Supply Management Analyst to Transportation or Customer Service Analyst - and the opportunity to work at offices abroad as added bonuses. As compensation and benefits have soared, competition for positions at the largest and best-known companies has become cutthroat. Fresh graduates will need outstanding academic performance, strong communication skills and a genuine interest in the industry if they are to succeed in the two-interview recruitment process with senior management. Hiring specialists say the minimum requirements for a middle management position in logistics include: Sources: Kelly News Services, Asia Times Online, Real World, Retailer Survey Sentiment ?Asia by Jones Lang La Salle, Manpower Employment Outlook Survey, Classified Post, Hewitt Associates, Kimberly-Clark, Payscale.com.
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