The manufacturing sector has always played a crucial role in the economy. But our industry has been grappling with a notable shortage of labor in recent years.
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This scarcity of skilled workers is a pressing concern for industry leaders, who recognize the potential consequences for production levels and overall economic growth.
Deloitte’s research has shown that the manufacturing industry is expected to face a staggering shortfall of millions of jobs in the next seven years. So, the effect of this labor shortage can’t be understated.
Can technology alone solve these workforce challenges? Based on our experience, beginning with technology alone isn’t the most effective approach.
Manufacturing companies that achieve long-term success prioritize people as their starting point, with technology playing a supporting role in their operations.
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