Since the pandemic, the number of open jobs in the manufacturing industry has exceeded the number of available workers. We all know this. The question is how to fix the worker shortage, or even just how to react to the new shape of the labor market as interest rates fluctuate and companies find it difficult to both find enough workers and provide the better pay they're demanding.

In this labor market, manufacturing companies need to evolve so that labor shortage does not lead to a shortage of profit or innovation.