Being the boss of a manufacturing company is a very rewarding position, but it comes with a lot of weight. Every move you make impacts both individual employees and the company as a whole. This is something you take very seriously.

Part of being an outstanding leader is doing your best to stay informed. Here’s a look at three issues that should be on your radar.

3 Challenges of Running a Manufacturing Company

Keeping Employees Safe

The manufacturing industry is broad, but nearly all elements have one thing in common — a safety risk. Some jobs and work settings are of course more dangerous in nature than others, but job sites are typically filled with hazards. Working with and alongside machinery, equipment, and chemicals puts workers at risk every shift.

As an employer, you’re responsible for providing employees with both the proper training to do their jobs right and the correct personal protective equipment. Take this responsibility very seriously, because if you don’t, injuries will likely occur. For example, roughly 2.8 million nonfatal workplace injuries and illnesses were reported by private industry employers in 2017, according to the Bureau of Labor Statistics.

Finding Skilled Labor

If you feel like finding talented employees isn’t as easy as it used to be, you’re probably right. Over the next decade, the skills gap could leave approximately 2.4 million positions unfilled and put $2.5 trillion in manufacturing GDP at risk, according to Deloitte. This is due to shifting skillsets caused by the onset of advanced technologies and automation.

Staying Informed on the Latest Technologies

In the manufacturing industry, things change fast, so keeping your company up to speed is a constant challenge. Today it’s automation, robotics and the Industrial Internet of Things — just to name a few technologies. In no time at all, something new will be on the horizon, so you always have to be one step ahead of the game.

Of course, every new technology that hits the manufacturing industry won’t make sense for your company. You just have to use good judgment and decide what’s best for your team.

Finding the right fit for your manufacturing team is a very big deal, so allow Premium Staffing, Inc. to assist. We offer fast service and cost-effective hiring to help you hire right every time. Get in touch today to discuss a partnership!

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