Many manufacturers are facing a common struggle: Their team members are retiring. Even worse, they’re struggling to replace them. Matt Carr—the President of Storch Products Co—found an ingenious way to solve the skills gap at his company by attracting talent from a local technical college. How? He shares a strategy that any manufacturing leader can adapt in this episode of MakingChips. After all, you need talent on your team to make chips! 

Segments

• [2:45] The definitions of reshoring and Foreign Direct Investment (FDI)
• [5:14] Reshoring Initiative® IH2021 Data Report
• [8:00] Learn about Matt Carr—the President of Storch Products Co
• [17:20] The advantages of a magnetic chip conveyor
• [20:20] How Matt solved the skills gap at his company
• [26:45] How Matt has attracted talent from a local school
• [29:45] Matt’s experience implementing EOS at Storch 
• [35:46] Why scaling back and niching down solves problems
• [40:40] What the class looks like

Resources mentioned on this episode

• ProShop ERP Video Library
• Reshoring Initiative® IH2021 Data Report
• Don’t miss IMTS 2022
• Shop thousands of raw materials at Xometry
• Traction by Gina Wickman
• Entrepreneurial Operating System
• Connect with Matt Carr on LinkedIn

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