Manufacturers Can Lead in the Fourth Industrial Revolution

Opening paragraphs from “Here’s how factories can lead in the Fourth Industrial Revolution”, World Economic Forum, weforum.org, Charlotte Edmond, July 3, 2019

There are as many people working in manufacturing in the US now as there were 70 years ago.

At the tail end of 1949, 12.88 million people were employed in manufacturing: seven decades on and almost equal numbers have jobs in the sector, according to the US Bureau of Labor Statistics.

While in 1949 the US was in the middle of a harsh recession, and a push by the White House to boost manufacturing jobs has driven up numbers more recently, the comparison still provides food for thought given the wholesale changes in the economy and broader workplace since.

Despite – and also because of – the changes that have taken place in our factories in previous decades, the manufacturing sector is still ripe for innovation. Many manufacturers have yet to embrace the Fourth Industrial Revolution, turning digitization and analytics to their advantage. Stagnating productivity and volatility are still presenting significant challenges for many.

Read the full article on weforum.org.

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Jill Jones

Marketing Communications Manager at PolymerOhio Inc.
jjones@polymerohio.org

Jill is a formally trained graphic and web designer and writer who has been employed as such for more than 18 years. Her experience includes long-term employment with a Columbus-based technology consulting firm that worked closely for years with the State and Federal government, and the Human Resources & Engagement Department of Honda North America. She manages both of PolymerOhio's websites, their social media, blog writing and editing of guest posts, and marketing materials.
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