The manufacturing industry faces signiûcant challenges, including a talent shortage, technological advancements, and market changes. For example, the National Association of Manufacturers (NAM) has reported that over 2.1 million manufacturing jobs could go unûlled by 2030 due to the skills gap, highlighting the critical talent shortage faced by the industry (The Manufacturing Institute). And, according to a McKinsey report, the implementation of automation and robotics has led to a 70% increase in productivity in some manufacturing processes. However, this also requires a workforce skilled in operating and maintaining advanced technologies, exacerbating the talent gap (McKinsey & Company). Furthermore, the shift toward reshoring and the need for more localized production is causing many manufacturers to ramp up operations. A Deloitte study projects a 40% increase in domestic manufacturing output over the next decade, which will require manufacturers to adopt strategic workforce planning to meet growing demand (Deloitte). While employment and wage rates can üuctuate weekly and monthly, the future state is clear: to remain competitive, manufacturers need to implement workforce strategies today that address these issues and ensure long-term success. Here’s how manufacturing leaders can develop and implement effective workforce strategies.
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