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Maintaining compliance and closing the skills gap in manufacturing
Manufacturing is often touted as the backbone of innovation. And, today, manufacturing plays a crucial role in driving the global economy and society's response to the pandemic. But despite its resilience, manufacturing faces some challenges that could impact its future. Chief among them: a workforce skills gap and regulatory compliance.
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Addressing the Skills Gap in Manufacturing
The shortage of skilled workers has become a very real problem for the manufacturing industry – and one that can have a significant negative impact. Without the right people with the right skills, a manufacturing company simply cannot attain the operational excellence and productivity required to thrive. The ability to bring products to market cost-efficiently – all while meeting strict government regulations – is severely hindered. And digital transformation is throttled. You may have first noticed the drying-up of suitable talent a few years ago; well paid jobs that used to be filled immediately started taking a month, then two, then three to fill. Before you knew it you had a backlog of openings and very few ideal internal or external candidates with the skills required to step-up.