Butch Sweedar’s Post

𝐀𝐈'𝐬 𝐑𝐨𝐥𝐞 𝐈𝐧 𝐒𝐨𝐥𝐯𝐢𝐧𝐠 𝐓𝐡𝐞 𝐓𝐚𝐥𝐞𝐧𝐭 𝐑𝐞𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐂𝐫𝐢𝐬𝐢𝐬 𝐈𝐧 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 The manufacturing sector is facing a significant challenge when it comes to talent retention. As more companies embrace digital transformation, the need to not only attract but retain skilled workers is at an all-time high. High-tech environments, like smart factories, are helping to increase job satisfaction and retention rates by improving job quality, streamlining processes and providing on-demand, flexible training. According to Deloitte’s recent research, high-tech manufacturing environments have contributed to higher retention rates and reduced training time for roles like welding by 50% to 60%. https://lnkd.in/gsghryB4 #Manufacturing | #Talent | #Recruiting | #Retention

An estimated 1.9 million U.S. manufacturing jobs might go unfilled between 2024 and 2033 because of ongoing workforce challenges, according to a new Deloitte report. According to the study, up to 3.8 million manufacturing jobs will be needed until 2033 as significant investments drive growth. If current challenges aren't addressed, Deloitte says, more than half of those roles could remain vacant. With 65% of manufacturing leaders reporting attracting and retaining skilled workers as their biggest challenge, Deloitte says investments in technologies that address the new manufacturing workforce could be pivotal to success. "Technology plays an important role in shaping the future of workforce development. It can act as a magnet in both attracting and retaining skilled individuals. As gleaned from our interviews, high-tech manufacturing environments seem to appeal to the workforce. Manufacturers that have built smart factories to enhance performance are also noting higher retention in these high-tech facilities," the report states. The report was authored by John Coykendall, Kate Hardin, John Morehouse, Victor Reyes, and Gardner Carrick. Read the full report, Taking Charge: Manufacturers Support Growth with Active Workforce Strategies, right here: https://lnkd.in/gSstjzDE 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐭𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐚𝐧𝐝 𝐞𝐧𝐠𝐚𝐠𝐞 𝐭𝐡𝐞 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 For information on how Canvas Envision facilitates faster learning with interactive, model-based work instructions, go to Canvas GFX and click Contact Us. #industry40 #smartmanufacturing #iiot #manufacturingsector #deloitte #digitaltransformation #manufacturingexcellence #canvasenvision

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SCM CONSULTING: OUTSOURCING MANAGEMENT OPTIMIZATION https://lnkd.in/eQydta5f In outsourcing, by carefully selecting, monitoring, and coordinating outsourced activities, organizations can leverage the specialized expertise of external partners while maintaining control over costs and quality. This facilitates resource allocation, allowing the company to concentrate on core competencies and strategic initiatives. Effective outsourcing management also mitigates risks, enhances flexibility, and fosters strong partnerships with external vendors, contributing to overall business resilience and competitiveness in a dynamic global market. Pathway Consulting / https://path.com.co +30 years of international, multi-industry experience in Supply Chain Management designing, implementing, and managing outsourcing programs in different industries. #advertisingandmarketing #analytics #automotiveindustry #aviation #bankingindustry #bestadvice #bigdata #biotechnology #branding #business #businessintelligence #careers #cloudcomputing  #computing #construction #consultants  #creativity #culture #customerrelations #data  #datamining #design #digitalmarketing #ecommerce #economics #economy #education  #emotionalintelligence #engineering #entrepreneurship #euro  #executivesandmanagement  #fashion #finance  #finances #fundraising #future #futurism #gender #gettingthingsdone #greentech #health  #healthcare #hiring #hiringandpromotion #hr  #humanresources  #informationsecurity #innovation #inspiration  #investing #job #jobinterviews #jobsearch  #jobseekers #leadership #linkedin #machinelearning #macroeconomics #management  #managementconsulting #marketing #markets #mentalhealth #mindfulness #money #motivation  #networking #operationsmanagement #personalbranding #personaldevelopment #philanthropy  #productivity #productmanagement #programming #projectmanagement #publicrelations  #realestate #recruitment #riskmanagement #sales #socialentrepreneurship #socialmedia  #socialnetworking #softwaredesign #softwareengineering #startup #startups #strategy  #sustainability #technology #travel #venturecapital #whatinspiresme #onlineshopping    #SCMExcellence #ContentCreation #Ghostwriting #CipherInSCM #PathwayConsulting

Here's my latest article as an official member of the Forbes Technology Council. Let's show just how innovative and rewarding a career in Manufacturing can be! And if you're #hiring in #manufacturing, I'm curious to hear your perspective on the role of technology in helping to attract and retain top talent. 👉 Read the article here: https://lnkd.in/epddvr2y #thoughtleadership #manufacturing #talent Epicor #technology #innovation #recruiting #customerexperience

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Did you know a staggering 56% of manufacturing employees may be leaving their current jobs within the year? Dive deeper into this issue and explore potential solutions. Read it now! https://hubs.la/Q02K3cT50 #HeavyIndustry #LaborChallenges #ManufacturingTrends #WorkforceRetention

Srinand Somasundara Sharma of AkzoNobel provides insights into the journey of technology integration, its impact, and the challenges encountered along the way. This conversation formed part of IMA India’s ‘From Manual to Digital: HR’s Tech Transformation’ study, which highlights both, successful tech strategies and common obstacles encountered in the journey towards a more digitally integrated HR function. To view the complete video, click on this link - https://lnkd.in/gD-vy_RH #IMAIndia #CHRO #HR #Technology #Digitalisation #TechTransformation

Interesting read. Deloitte projects that as many as 3.8 million additional employees could be needed in manufacturing between 2024 and 2033. Filling open positions—and keeping them filled—is a top concern for many manufacturers: 65% of respondents in the National Association of Manufacturers' 2024 Q1 outlook pointed to attracting and retaining talent as their primary business challenge. As the need for higher-level skills grows, Deloitte predicts that as many as five in 10 of the skilled open positions, 1.9 million jobs could remain unfilled if manufacturers are not able to address the skills and applicant gaps. #CFOInsights #CEOInsights #HumanResources #employeebenefits #compliance #benchmarking #manufacturing

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