Retail Asia 2018 RA September.October 2018 (Online) | Page 22

FOCUS Retail workforce Developing the right talent to prepare for the digital economy Within the next 20 years, 59% of retail and wholesale jobs have a high chance of becoming automated, according to the report Future of Retail Work: A guide to transforming workforces in a digital age of disruption by business consultancy Deloitte. Muneerah Bee finds out what this means for retailers in Asia, especially in economies that are facing a persistent labour crunch. G iven the fast-paced nature of the retail sector, the industry is seeing more automation these days to make up for the lack of manpower, while employers are tackling the shortage of retail labour with technology and self-service concepts. Various functions such as operations, human resources (HR) and even online shopping are being done electronically with less human intervention. As retail technologies keep progressing towards a digital world, it is inevitable that some mundane tasks and traditional retail roles will be replaced. For example, as more retailers adopt the growing trend of unmanned stores, a store may do away with some cashiers as it brings in automatic checkout machines. With these time-saving implementations, the existing staff can be reskilled and upskilled to do other more important tasks. Employees who understand digital technologies and who can translate data into actionable insights will be increasingly in demand within the sector as the industry evolves. In fact, consulting agency Cognizant’s report on 21 Jobs of the Future — which highlights new jobs that will arise 10 years from now — suggests that new vacancies such as virtual store Sherpas and digital tailors will exist to deliver instant, virtual customer service and advice and elevate the retail experience, especially on 20 Retail Asia September/October 2018 digital mediums. “Retailers and retail professionals must be prepared to embrace change. The objective for brands is to hire and retain the right talent, as well as keep their skills relevant to the retail industry,” says Shinsuke Kafuku, president and CEO of World Mode Holdings Group, of which iDA Singapore is a subsidiary. Launched in Singapore in September this year, Japanese fashion retail consultancy iDA Singapore aims to build a community of 600 qualified retail professionals in the republic by end- 2019. Riding the online wave Kafuku points out three important industry trends that are having an impact on retail labour in Asia — accelerating globalisation, fast-advancing technology evolution especially in Singapore, and an overflow of information. With these trends, high customer service standards are becoming more important for bricks-and-mortar stores as customers expect good quality service that cannot be easily attained through online shopping. This means that customer service training for retail professionals is becoming increasingly important, he reiterates. Similarly, Allie Teh, senior consultant — Sales & Marketing, Luxury, Retail & Technology at recruitment consultancy Robert Walters Singapore, shares that “The objective for brands is to hire and retain the right talent, as well as keep their skills relevant to the retail industry.” — Shinsuke Kafuku, President and CEO, World Mode Holdings Group