According to a survey performed by the LMA Consulting Group (lmaconsultinggroup.com) in conjunction with the APICS Inland Empire Chapter (apics-ie.org), 87% of manufacturers and distributors are experiencing a skills gap—that is, they have lost qualified people to retirement, job transfers, etc. The study also reveals that communication skills are [...]
Manufacturing wages are rising, driven by a skills gap and competition for qualified talent, urging companies to review strategies.
One key component to succeeding while others continue to struggle with the skills gap is to retain top talent.
Not a day goes by when an employee, volunteer, Board member or colleague doesn’t retire, get promoted, move companies, change roles within the company or at least think about any one of these.
Job openings are still on the rise in California but for supply chain so is the skills gap, which is a hiring headache that then shifts the attention on employee retention.
Consider starting an apprentice program if you'd like to leapfrog your competition by having the "right skills" in the "right place" at the "right time".
Are you staying on top of the latest trends? What is your competition doing?
Those who want to attract top talent need to think about what employees are looking for.
Delivery speed, pricing, and sales support are key ways customer expectations have changed for manufacturers and distributors in today’s market.
Retaining top supply chain talent involves engaging with top performers, showing commitment to their growth, and fostering a positive work environment.
