The manufacturing industry is at a crossroads. Although innovation continues to push boundaries, the sector faces a growing skills gap that threatens its future competitiveness – 2.1 million jobs are projected to be unfilled by 2030. An aging workforce, coupled with a shortage of qualified younger workers who lack the necessary skills and interests, is creating significant challenges for manufacturers.
But what’s causing this gap, and how can manufacturers address it?
Read: A Guide to Industry 4.0: The Future of Manufacturing
One of the most pressing issues is the retirement of skilled workers who have spent decades mastering the intricacies of manufacturing. These seasoned professionals possess invaluable skills and knowledge about shop floor operations, troubleshooting and production efficiencies which have been honed over decades.
As they exit the workforce, manufacturers face a significant challenge: finding replacements with comparable skills and interest to fill this difficult void, leaving companies without the expertise needed to maintain productivity, customer demands and quality.
Although the demand for skilled workers grows, the younger generation seems less inclined to pursue careers in manufacturing. Misconceptions about the industry – often viewing it as outdated or physically demanding – are deterring potential workers.
Also, many young professionals lack the hands-on skills needed to thrive in modern manufacturing environments. Advancements in technology have led to the integration of automation, robotics and artificial intelligence (AI), demanding a new set of skills.
Read: AI for Your Industry: The Manufacturing Sector
In response to these challenges, many manufacturers are turning to technology to fill the gaps left by retiring workers. However, even though machines can handle repetitive tasks and improve accuracy, the demand for skilled operators, technicians and programmers to maintain and optimize these systems is on the rise. This shift highlights the importance of reskilling and upskilling the workforce.
Manufacturers can address the skills gap with these proactive strategies:
Although the skills gap in manufacturing is a significant challenge, it’s also an opportunity to modernize the workforce. One way to do this is by partnering with an award-winning managed service provider (MSP) like Thriveon.
We can help you build a resilient talent pipeline that aligns with your business needs. A Fractional CIO will work with you to ensure a skilled workforce for the future.
Schedule a meeting today for more information.