The manufacturing industry has experienced a resurgence thanks to new technology, streamlined manufacturing processes and a growing economy, but with all of this growth comes new challenges we have to adapt to. Here are the top issues facing the industry today and how you can tackle them for a better consumer and employee experience.
It’s no secret that there’s a major shortage of labor in the manufacturing industry. Deloitte predicts that there will be somewhere between 2 million and 3.5 million unfilled manufacturing jobs by the year 2025—and the problem isn’t what you might think. It’s not about fewer people wanting manufacturing jobs, it’s that fewer people are qualified for them.
As technology advances, there has been a growing shortage of employees with a specific set of skills. A lot of tasks in the industry are automated, and more will become automated in the future. Manufacturers now need employees with a high-tech skill set who are proficient in mathematics and can think analytically. Robots aren’t taking our jobs, but they are redefining them.
With constantly increasing demand for products, manufacturers have to stick to extremely tight and often stressful timelines. These projects are quality, time and cost sensitive, so they have to be very tightly controlled from start to finish. Manufacturers who miss deadlines risk missing out on millions of dollars, so it’s not something they can afford to take lightly. This rigidity means a weaker ability to make adjustments as the project progresses. So many projects require a design commitment early on, with very little flexibility down the road. This can be extremely frustrating for a team who strives for quality products, but are restricted by deadline constraints.
Project service automation software includes universal resource scheduling, so manufacturers can quickly adjust the schedule and find resources that are available based on the predicted deadline of the project.
Machine Intelligence in the Manufacturing Industry
With smarter and smarter machines on shop floors now, gathering data is easy. The hard part comes afterward—aggregating and analyzing that data is a challenge because manufacturers often don’t have the correct systems in place to do this. These manufacturers are missing out on a crucial opportunity—leveraging real-time data on cycle times, quality yields by machines, production run, utilization and other metrics. The entire industry needs to improve their data mining so that better, faster, real-time decisions can be made.
With new innovations and constant progress always comes new challenges—but any challenge can be overcome with the right management and forward thinking.
Contact O’Neal Manufacturing Services for more resources, information and services.