• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing:  ProQuest, Crossref, Electronic Journals Library , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2018 Vol.9(4): 153-158 ISSN: 2010-023X
DOI: 10.18178/ijtef.2018.9.4.606

Towards Effective Human Capital Development for the Logistics Industry

Abdelghani Benayoune
Abstract—In its effort towards diversifying its economy and generate new jobs, the logistics industry has been identified as a key contributor to economic diversification. The Logistics Strategy of Oman highlighted that the country has the opportunity to generate about OMR 14 billion over the next two decades from logistics-related activities which would contribute approximatively 12% to the GDP. The report also stated that Oman is expected to generate about 80,000 logistics-related jobs by the end of the decade and 300,000 jobs by 2040. One of the key objectives of logistics strategy is to support the development of human capital that is indispensable to the long-term growth of the logistics industry. However, according to the same report, there is currently a huge gap between the education skills required by the logistics industry and those which are available in the market. This skills gap poses a genuine threat to economic growth and affects the competitive ability of the logistics industry. Therefore, the development of human capital to match the forecasted and planned growth of the Oman logistics industry becomes critical in realizing the aspirations set out in the logistics strategy. The paper discusses the projections of manpower requirements as per the logistics strategy. Key human capital development challenges and possibilities with regards to Logistics industry are also discussed. The paper closes with some conclusions and recommendations relative to future research.

Index Terms—Logistics, supply chain, human capital, nationalisation, skills gap.

Abdelghani Benayoune is with the International Maritime College, Oman (e-mail: a.benayoune@imco.edu.om).


Cite: Abdelghani Benayoune, "Towards Effective Human Capital Development for the Logistics Industry," International Journal of Trade, Economics and Finance vol.9, no.4, pp. 153-158, 2018.

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