Articles Tagged with ''skills gap''

Manufacturing is entering a new era. Are your operations ready?

JACKSONVILLE, Fla.– After years of experimentation, artificial intelligence is now a core priority for manufacturers, but a new study shows that adoption is moving faster than the foundations needed to support it.

A poll asked Koreans what they would prefer to be: an automotive assembler with a high school degree earning a good salary or an office worker with a liberal arts degree earning less. Some 76 percent chose the automotive job.

ROCHESTER HILLS, MI—FANUC America has established the FANUC Automation Endowed Scholarship Fund in collaboration with the SME Education Foundation. 

OMAHA, NE—Manufacturers can attract new workers by offering better relocation benefits.

BLUE SPRINGS, MS—Juniors and seniors at New Albany and Union County schools in Mississippi will soon have a unique opportunity to learn and earn. In collaboration with local partners, Toyota is launching its 4T Academy in Mississippi. The hands-on training program is designed to place students directly into Toyota production jobs right out of high school.

Every industrial revolution has eliminated old jobs and created new ones. In many cases, manufacturers weren’t aware that these new jobs were even necessary. To succeed in this age of Industry 4.0, manufacturers will need to do more than just develop a workforce capable of dealing with upcoming technologies, they will need to foster a workplace culture of problem-solving and continuous improvement.

ZURICH—A global survey conducted by ABB has revealed that a significant workforce education gap could derail efforts by U.S. and European manufacturers to reshore or near-shore operations to build resilience in the face of global challenges.

In my June column, I described the magnitude of the skilled workforce problem and some efforts by industry and associations to overcome the problem. This month, I will talk about what federal and state governments are doing to help, and I’ll offer one simple, no-cost, government action that must be implemented immediately.

Training the next generation of manufacturing workers is essential to the success of U.S. manufacturing and the economy. A recent McKinsey study found that restoring growth and competitiveness in 16 key manufacturing industries could boost annual U.S. GDP by more than 15 percent.