If manufacturers don't find a way to develop the current workforce and arm employees with the skills needed to work in modern manufacturing plants, it's anticipated that more than two million jobs will go unfilled.
Following in the footsteps of e-commerce giants like Amazon, more manufacturing companies are eagerly pursuing opportunities to expand supply chains on a global scale, increase inventories and jumpstart the entire manufacturing process.
Integrating veterans into the workforce is a smart and straightforward way for industry employers to invest in the future of America's veterans while also investing in the future of manufacturing.
World Economic Forum: A.I. and robotics will create almost 60 million more jobs than they destroy by 2022
Saheli Roy Choudhury for CNBC: The outlook for job creation is more positive today because companies better understand what kind of opportunities are available to them due to developments in technology, according to WEF.
As the baby boomers born in the 1940s and 1950s start to retire, this means that the manufacturing, lumber, distribution, and retail sectors look set to suffer from a lack of sufficiently-skilled staff in the next 20-30 years.
Manufacturers Are Concerned Skilled Labor Shortage Could Stymie Innovation, Finds L.E.K. Consulting Survey
Workforce Investments, Not Downsizing, Are Priority as Plans for Automation Increase
We wanted to take a moment to highlight three people we have worked with in 2018 and talk about special ways they are helping the MFG skills gap.
Unless we start investing in digital tools that connect our workers and help foster knowledge sharing and communication, we are not helping them take on more advanced equipment and complex problem solving.
The majority of small manufacturers in the US are more optimistic about the market in the near future than they were a year ago. 60% of small manufacturers surveyed said that their business would either mildly or strongly increase this month vs. the same month last year.
- Investment of â‚¬30 million in state-of-the-art 3D-printing factory - Creation of more than 50 new advanced manufacturing jobs at Materials Solutions in Worcester - Part of Siemens' strategy to build a global AM services business - New AM factory will be fully powered by Siemens Digital Enterprise solutions
Purvai Dua for London Loves Business: Britains manufacturing sector could add Â£455bn over the next decade and create thousands of jobs if it unlocks the fourth industrial revolution
Alan Tovey for The Telegraph: The 'fourth Industrial Revolution is upon us and there is an urgent need for STEM experts and their fresh ideas, says the Telegraphs industry editor
Harold L. (Hal) Sirkin for Forbes: People with skills and talent typically gravitate to "superstar cities," such as New York and Los Angeles, or to "knowledge and tech hubs" like Boston, San Francisco, Seattle and Washington, D.C., not to small towns in the South.
It is evident from our research that not only are workers not afraid of losing their jobs to automation, they are more than willing to retrain to leverage the efficiencies and benefits of artificial intelligence (AI) and robotics in the workplace
John Schmid , Milwaukee Journal Sentinel: Does Wisconsin have the deep reserves of digital-age systems engineers who are coveted in the new manufacturing economy
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NORD's New Line of Small CLINCHERTM Parallel Shaft Gear Units Provide More Power, Flexibility, and Reliability
NORD's redesigned line of small CLINCHER parallel gear units showcase increased power and torque capacity for a variety of applications. These re-engineered versions will be replacing the existing SK0182NB, 0282NB, and 1382NB units. They are lightweight, have improved heat dissipation, are more cost-effective, and are available with NORD nsd tupHTM sealed surface conversion for wash-down and extreme environments.