Rethinking Old Hiring Rules to Achieve a Diverse Workforce

Posted by IMEC on Jun 20, 2022 12:19:23 PM

This is an original article from the NIST Manufacturing Innovation Blog.

Many manufacturers have struggled for years to hire qualified workers. The outlook is for more of the same. With an aging workforce, emerging new technologies requiring more skilled talent, and the continuing decline of trades education in high schools and community colleges, an estimated 2.1 million manufacturing jobs could go unfilled in the U.S. by 2030.

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The True Cost of Turnover

Posted by Glenn Edwards on Jun 17, 2022 8:00:00 AM

If we have a lost cost in our business of $100,000, $500,000 or $1,000,000 would you know about it? Should you know about it? Would you take action to reduce the lost cost?

What is the actual cost of turnover for your business?
Unfortunately, well over 90% of companies do not capture this true cost or know how to calculate it specifically for their company. To get a total annual cost, one must look at the cost per person multiplied by the number of employees lost in a year.

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10 Steps to Recession Proof Your Business

Posted by IMEC on Jun 7, 2022 9:00:00 AM

This article is written by OTB Solutions.

My clients are experiencing both prosperity and uncertainty. Many clients are having record-breaking sales and profits this year. Often the challenge now is meeting the growth in orders and hiring team members to support this growth. Sales leaders are happy, CEOs are happy and the shareholders are pleased we are meeting and often exceeding their growth objectives.

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MANUFACTURING CAREER PATHWAYS: IMEC Registers its First Apprentices

Posted by Mary Hallock on Jun 3, 2022 2:33:51 PM

IMEC is committed to helping companies provide structured training to their employees through registered apprenticeship programs. As of last month, IMEC has been approved to sponsor 13 registered apprenticeship programs validated by the U.S. Department of Labor.  

The Role of Apprenticeships in Manufacturing 
Apprenticeships are an important part of many companies’ training landscapes. Improving recruitment, developing a highly skilled workforce that leads to improved productivity, reducing turnover costs, and improving employee retention are all benefits of a strong training program that includes apprenticeships. 

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Beyond Headlines: What to Do With the Latest Economic News

Posted by IMEC on May 19, 2022 2:13:39 PM

This article is provided by ITR Economics in partnership with IMEC.

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Cybersecurity and Industry 4.0 – What You Need to Know

Posted by IMEC on May 17, 2022 3:26:50 PM

This is an original article from the NIST Manufacturing Innovation Blog.

This blog is part one of a series on cybersecurity and Industry 4.0.

This morning my favorite local morning news program had an interesting segment on new slang words and what they mean. While the definitions were probably not necessary for Millennials or Generation Z, for Baby Boomers like me it was an eye-opening vocabulary lesson. I must admit I didn’t know what boujee meant, even though I had heard it a few times – like when my niece said the wine glasses I used at Thanksgiving were boujee.

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ELEVATE COMPANY CULTURE: DEI 101 for Manufacturers

Posted by Paola Velasquez on May 4, 2022 1:01:21 PM

Words can mean different things at different times. It is easily confusing to understand the words diversity, equity, and inclusion (DEI) and their relevance to manufacturing. So, let’s clarify some of the common words. But first, the reality is that manufacturing has been introducing diversity into the workplace for decades, Rosie the Riveter exemplifies how six million women joined manufacturing in World War II. Jump forward to 2022 and the workforce is ever more diverse as demographic shifts reshape the workplace.

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Cybersecurity for the Manufacturing Sector: Reduce Data Integrity Breaches with NIST SP 1800-10

Posted by IMEC on May 3, 2022 10:35:14 AM

This is an original article from the NIST Manufacturing Innovation Blog.

Industrial control systems (ICS) help manufacturers boost productivity, optimize efficiency and advance production lines. Historically, ICS networks were isolated from the information technology (IT) networks and internet, or “air gapped.” Today, air gapping is no longer an effective security strategy, and for various business reasons, many ICS manufacturing networks are now integrated with IT networks and connected to the internet. This makes ICS more vulnerable to cyber threats such as malware, malicious insider activity and human error.

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BUILD YOUR TEAM: Career Pathways in Manufacturing

Posted by Trista Bonds on May 2, 2022 9:52:54 AM

IMEC believes building quality, customizable training programs, and defining career pathways are the solutions to manufacturing workforce challenges of shortages of skilled workers, retiring workforce, and meeting the needs of innovative technologies that the current skills don’t quite match. The new Career Pathways in Manufacturing program aids companies in recruiting, succession planning, and developing the workforce of the future with skills training in high-demand technical areas.

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Technology Selection: The Latest Updates

Posted by Ken Wunderlich on Apr 26, 2022 10:20:14 AM

There are literally thousands of options that you can pursue in manufacturing, with the potential return on investment varying from a -100% return to a 100%+ return. The challenge for manufacturing companies is to have a process to determine what the next steps should be. IMEC has a basic process that can help you to navigate these waters and bring some clarity to your next step.

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