Over the past few years, there has been a remarkable resurgence of manufacturing in the United States. Illinois in particular has experienced a great deal of growth, making manufacturing Illinois’ largest industry. This growth brings positive impacts such as having a higher economic contribution to our state and the fact that manufacturing continues to generate various job opportunities.
This is an original article from the NIST Manufacturing Innovation Blog.
Is your organization, like so many others today, struggling to recruit and retain a well-qualified and high-performing workforce? Are your workers excited to be a part of your team and motivated to serve your customers? Do they care for one another and the success of your business?
This article first appeared in Industry Week.
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.
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.
This is an original article from the NIST Manufacturing Innovation Blog.
Up and down busy streets nationwide, the same six-word banners stand outside in front of hundreds of businesses. Affixed to poles on front lawns or hanging above entrance doors, these inescapable banners, while the numbers may vary, almost always have the same wording:
In the spring of 2021, IMEC, Illinois Manufacturers Association (IMA), Technology & Manufacturing Association (TMA), and Valley Industrial Association (VIA) partnered with the W.E. Upjohn Institute for Employment Research to survey manufacturers about their adoption of Advanced Manufacturing Technologies and processes, achieving a phenomenal 87% response rate.
Written by Matthew Inniger of Manager of the Advanced Technology Program of CIFT, part of Ohio MEP. This article first appeared on the NIST Manufacturing Innovation Blog.
This is an exciting time in the food manufacturing industry. The innovations and technology associated with Industry 4.0 are making it easier for small and medium-sized manufacturers to overcome obstacles in ways that at one point would not have been considered. While manufacturers have previously been slower to move toward incorporating advanced industry technologies due to the high level of regulation and biologically complex products with which they work, innovation is becoming more widely accepted as a key to industry sustainability. Two examples of such Industry 4.0 technologies are automation and augmented reality.
Many manufacturers continue to face challenges in their quest to recruit employees. If you are struggling with acquiring talent, consider doing more to attract mid-career workers – individuals in their thirties, forties and fifties who seek new employment opportunities. Armed with experience and skills acquired during years of working, they can be hired to fill critical roles and help propel your company forward.
Here are some helpful tips:
Many organizations are experiencing the full force of change. This new speed of change is creating a shift in what employee’s value and what they are looking for in an organization. And because of this, organizations are now reflecting more on their culture and considering ways to enhance employee engagement and retention. Now is the ideal time for organizations to reflect on their legacy learning approaches and ask themselves: “will our existing learning approaches to enhance employee engagement, leadership development, change management, and problem solving help us transform our culture to best meet the future demands of our customers and stakeholders?” Perhaps, if the focus is on developing the team and not just the individual learner.
