If any industry wants to keep their work force strong, they need to attract and embrace millennials. Many businesses are struggling to fill new manufacturing roles involving Industry 4.0 and technology but, if there is anything millennials love it is tech. "Millennials grew up as digital natives; not only are they adept at using technology, but they find comfort in it, and are attracted to companies that utilize it fully. Implementing technology is the key to increasing interest in the manufacturing industry." Stepping into the future with your manufacturing techniques could also mean great things for the future of your staff.
Manufacturing is undergoing a makeover. Amidst growing pressures from competitors mixed with constantly evolving technologies like IoT and smart factories, the manufacturing industry is changing more than ever before. A recent survey shows 94.6percent of manufacturers think positively of their company, and believe they are headed for growth on all fronts. While the manufacturing industry seems to be headed for success, companies must conquer the issue of a labor to make this growth a reality. A number of factors, from the introduction of automation to policy changes and economic growth, have led to an increase in workforce demand, highlighting the need for a skilled labor in the industry. Up to 72.9 percent of manufacturing companies surveyed listed recruitment and retention of a workforce as their number one business challenge, and over 30 percent of respondents note that a shrinking labor pool correlates to lost business opportunities. Read More