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Bridging the Gap: Epicor’s “Future of Work in Manufacturing” Report Reveals Key Insights

Bridging the Gap: Epicor's "Future of Work in Manufacturing" Report Reveals Key Insights
Workplace Morale Much Higher Among Manufacturing Leaders vs. Workers, Epicor Study Finds

Epicor’s new report, “Future of Work in Manufacturing,” reveals a significant gap between manufacturing managers and frontline workers regarding workplace morale and upskilling priorities. With a projected shortage of 3.8 million manufacturing employees, addressing these disparities is crucial for future success. The survey of over 2,600 global manufacturing professionals provides essential insights into how leaders can align strategies and prepare for industry challenges.

  1. Morale Discrepancy:
    • Managers vs. Workers: 57% of managers rate morale as high, compared to only 45% of workers.
    • Implications: This gap highlights the need for better communication and alignment between management and employees.
  2. Upskilling Disconnect:
    • Recognition: 91% of managers prioritize upskilling, but only 70% of workers agree.
    • Need for Communication: Enhancing dialogue on upskilling efforts is essential for aligning priorities and improving worker development.
  3. Technological Gap:
    • Perceptions: 52% of managers see their workplace as very modern, while only 39% of workers share this view.
    • Action Required: Addressing this mismatch is vital for ensuring that technological advancements are effectively communicated and implemented.
  4. Sustainability Priorities:
    • Current Focus: 61% of managers and 45% of workers view sustainability as crucial.
    • Opportunity: Strengthening sustainability initiatives can improve alignment and meet growing ESG expectations.
  5. Supply Chain Challenges:
    • Recognition vs. Reality: 75% of managers see supply chain resilience as critical, yet cost, regulatory, and tech issues persist.
    • Strategy: Developing strategies to overcome these obstacles is essential for maintaining supply chain stability.
  6. Impact of Automation:
    • Awareness: 73% of managers and 53% of workers expect job changes due to automation.
    • Concerns: Addressing concerns about automation’s impact will help in preparing the workforce for changes.
  7. Turnover Trends:
    • Discrepancy: Worker-reported turnover dropped by 6%, while manager-reported turnover rose by 25%.
    • Understanding: Investigating these differing perspectives is crucial for improving workforce stability.
  • Enhancing Engagement: Improve morale through effective communication and recognition programs.
  • Technological Modernization: Accelerate adoption of modern technologies to stay competitive.
  • Robust Upskilling Programs: Develop comprehensive training programs to prepare workers for future demands.
  • Sustainability Initiatives: Prioritize and visibly implement sustainability practices to meet ESG goals.

Epicor’s “Future of Work in Manufacturing” report underscores the need for alignment between managers and workers on key issues such as morale, upskilling, and technology. By addressing these gaps and focusing on strategic areas like employee engagement, technological advancement, and sustainability, manufacturing leaders can better navigate the challenges of today’s industry and prepare for future opportunities.

Business Wire
Business Wire
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