Tooling U-SME's blog focuses on best practices, tools and tips for workforce training and development.

Today we are so pleased to welcome Ivan Rosenberg and Mike Bastine to discuss the first-of-its-kind collaboration between machine technology educators and specialists in education to provide specialized training and job placement in the manufacturing industry.
According to SME’s Manufacturing in the New Industry 4.0 Era Survey, manufacturers say that two top barriers preventing smart technology are people related:
  • Lack of corporate leadership to lead and plan a smart manufacturing strategy
Relentless turnover in the manufacturing industry is threatening companies focused on driving productivity and profitability. Voluntary turnover takes its toll on company culture, and also costs organizations hundreds of thousands and up to millions of dollars.

It is concerning that two out of five manufacturers (43%) indicate an average 20% or higher annual turnover, according to Tooling U-SME’s Industry Pulse: 2018 Manufacturing Workforce Report.
As the Smart Manufacturing revolution transforms the industry, some are concerned that technology will end up trumping human capital. That is unlikely to happen and here’s why.

Technology, including artificial intelligence, robotics, Internet of Things (IoT), is already changing how business is done. Yet with all these advancements, people are still a critical piece of our collective success in the manufacturing industry.
The digital revolution is here. Manufacturing 4.0 is changing the way companies approach the business of making things. In 2019, innovation will continue around the Internet of Things (IoT), artificial intelligence, big data, robotics, virtual reality, 3D printing and more.

To stay competitive, it’s imperative that manufacturers engage employees by honing their knowledge and skills, boosting productivity and agility.
As I look back on 2018, I’m proud of the progress we’ve made. From new partnerships to product launches, we introduced initiatives and secured programs that will positively impact the training and development of the incumbent and next-generation manufacturing workforce – now and in the future.