Automate For A Safer, More Efficient Operation
At current levels, the demand for workers outweighs the supply by a ratio of 6:1. Some of the inevitable problems of labor shortage include delayed shipments, inferior product quality, lower pick accuracy and cash flow issues.
Employees may worry that automated systems and warehouse robots will replace them on the job, however adding automated systems has the opposite effect. It improves the lives, jobs and safety of every employee.
Automation can enable businesses to improve performance. It can reduce errors and improve quality and speed, achieving outcomes that go beyond human capabilities.
A declining population spells serious trouble for the economy. A 6-million worker deficit will lower living standards for everyone. Companies are competing for qualified and sometimes even underqualified candidates to fill open positions or are unable to fill the position at all.
Don't let staffing issues negatively impact operations, production and ultimately, your bottom line.
Several factors have contributed to the current labor shortage.
Demographic Shifts
The aging population and declining birth rates have led to a smaller workforce entering the job market. As more baby boomers retire, there aren't enough younger workers to fill those roles.
Skills Mismatch
Rapid advancements in technology are creating a mismatch between the skills of the available workforce and the skills needed. This is particularly evident in fields like IT, where the demand for tech-savvy workers far outweighs the supply.
Pandemic Disruptions
COVID-19 disrupted labor markets by causing temporary closures, travel restrictions and changes in consumer behavior. Many workers left their jobs or changed industries during this time, leading to a bigger gap in skilled labor in some industries.
Unemployment Benefits
Enhanced unemployment benefits have inadvertently discouraged some individuals from returning to work, as they may receive comparable income while staying unemployed.
Robots take on dangerous, repetitive jobs and create workers new opportunities.
2.7 MILLION
manufacturing employees will retire in the next decade
36%
average employee turnover rate in the warehouse industry
8 MILLION
working-age men willingly chose part-time work in 2019
45%
of current activities can be automated saving $2 Trillion
90
Americans die every day due to opioid overdoseÂ
2.4 MILLION
 women left the workforce from Feb 2020 to Feb 2021
65%
average operating budget constituted by labor costs
3 Million
Baby Boomers who retired in 2020. Normally its 2M a year.
6 MILLION
 the estimated U.S. worker shortage by 2028
40%
of HR leaders say their companies feel the impact of the labor shortage
$162 BILLION
 annual revenue loss if U.S. can't find more high-tech workers
2019
when the U.S. birthrate (already declining) hit a 35- year low
How do you battle the labor shortage?
Invest in Education and Training
Encouraging training can help bridge the skills gap. Partnerships between educational institutions and businesses can ensure the right skills are being taught and create a pathway to connect to young workers.The aging population and declining birth rates have led to a smaller workforce entering the job market. As more baby boomers retire, there aren't enough younger workers to fill those roles.
Retain Tenured Workers Longer
Encouraging older individuals to remain in the workforce with flex time and part-time options.
Utilize Automation
Implementing automation and technology can alleviate the shortage in certain industries by reducing the need for manual labor and enabling workers to focus on higher-value tasks.
Unemployment Benefits
Enhanced unemployment benefits have inadvertently discouraged some individuals from returning to work, as they may receive comparable income while staying unemployed.
Embracing Automation amidst the Labor Shortage:
- Precision and Accuracy: Â Automated systems work diligently to reduce errors to a minimum, ensuring flawless performance in every task. You can count on consistent and reliable results, boosting your overall production quality.
- Unmatched Productivity: With automation on your side, you'll experience a remarkable boost in production speed that surpasses human capabilities. This means getting more done in less time, helping you meet those tight deadlines with ease.
- A Safer Workplace: Say goodbye to repetitive motion injuries or issues caused by worker fatigue. Automation creates a safer work environment promoting the well-being of your valuable team members.
Automation solutions empower you to triumph over labor shortage challenges:
Cutting-Edge Technology
Discover our wide range of state-of-the-art automated systems, meticulously designed to optimize material handling processes.
Tailored to Your Needs
Our experts will understand your unique requirements and recommend personalized automation solutions.
Data based on Emsi 2021 Demographic Draught Report
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