Manufacturing success depends on skilled labor, technology.Manufacturers concerned about their current and future success are worrying about hi ring and keeping skilled employees and keeping up to date with new technology and equipment, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a Norton Nor·ton , Charles Eliot 1827-1908. American educator, writer, and editor who founded the Nation (1865). Co. survey undertaken at the International Manufacturing Technology Show (IMTS IMTS International Manufacturing Technology Show IMTS Improved Mobile Telephone Service IMTS International Machine Tool Show IMTS International Merchandise Trade Statistics IMTS Improved Moving Target Simulator IMTS Information Management Technical Specialist '94). The two issues - skilled employees and new technology - consistently surfaced in the poll that surveyed the issues and concerns of IMTS '94 attendees involved in the use of abrasives abrasives Sharp, hard materials used to wear away the surface of softer, less resistant materials. Abrasives are indispensable to the manufacture of the highly precise components and ultrasmooth surfaces required in the manufacture of automobiles, airplanes and space for making high-precision products. "Clearly, the survey underscores two key areas of concern manufacturers are facing today and expect to face in the future," said Barry Cole Barry Cole (born 1936, Balham, South London) is a British poet. Apart from two years (1970-1972) as Northern Arts Fellow in Literature at the universities of Durham and Newcastle-upon-Tyne, and two years (1955-1957) in the RAF as a National Serviceman, he worked until 1995 , Norton's manager, marketing communications Marketing communications (or marcom) are messages and related media used to communicate with a market. Those who practice advertising, branding, direct marketing, graphic design, marketing, packaging, promotion, publicity, sponsorship, public relations, sales, sales . "Addressing skilled labor needs and technological advancements are not new concerns, but they continue as top-of-mind issues among firms serious about their competitiveness and future viability. "Business - manufacturers and suppliers - and government and education would do well to continue to focus and improve Upon efforts to address these concerns." Skilled Workers Nearly half the respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. (49%) said hiring and keeping skilled employees is one of their three key challenges in running their operations. More than 4 out of 10 (44%) listed training skilled operators as another challenge. Automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. respondents were overwhelmingly concerned about skilled, trained employees. A second tier of challenges mentioned by respondents included concerns over the lack of up-to-date technology (24%), and business issues such as unreasonable delivery demands by customers (23%) and turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. problems (21%). Technology Issues About half the respondents said they will have to address two issues to ensure a viable business future: keeping up to date with new technology (50%) and facing up to new equipment needs (46%). Qualified employees (44%) and government regulations (38%) followed closely as concerns. About 30% of the respondents said they will have to face increasing business costs and the need to improve tolerances and quality standards. Meanwhile, respondents involved in the auto industry saw a somewhat lesser need to keep current with technology (42%) and a larger need to have qualified employees (51%). Respondents involved in heavy machinery were more concerned than other sectors about government regulations (45%) and qualified employees (45%) than with keeping up with technology (42%) or rising business costs (21%). Tax Credit Favored When asked about their views on economic development reform, only one possible action stood out among a large proportion of those polled: a desire for the government to increase the investment tax credit (46%). About 25% of the respondents cited lower corporate taxes as their first choice, while 26% listed health-care reform and 23% mentioned export support. Other respondents backed free-trade enhancement (21%), support for industry coalition (20%) and restrictions on foreign competition (18%), However, auto industry respondents saw less of a need for industry coalition support (12%) and more of a need to restrict foreign competition (26%). Heavy machinery respondents cited less need for export support (15%) and more of a need for foreign competition (24%). |
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