Workers have long been the fuel for manufacturing’s engine of growth. But today that fuel supply is in jeopardy as manufacturers around the world contend with evolving job requirements and aging workers with deep process understanding leaving the workforce.
Despite continuing productivity from automation and other elements of supply chain optimisation, Deloitte estimates nearly 3.5 million manufacturing jobs will need to be filled in the US from 2015 to 2025, and the skills gap will leave 2 million of them unfilled. Meanwhile, the UN reports that China’s over-65 population will surge from 8% to 23% between…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
