Insight on Manufacturing

March 2015

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w w w.in s i g h t o n m f g . c o m March 2015 • /INSIGHT ON MANUFACTURING | 25 Be proactive on solving the skills gap In Wisconsin ® is a registered trademark of Wisconsin Economic Development Corporation. ® The way we build things isn't what it used to be. And neither is the way Wisconsin does business. In fact, we've gotten so bold that we virtually eliminated the tax on income from manufacturing activity in the state. With a highly skilled workforce and a world-class supply chain, the right parts are in place for building your business. To learn more about what the Manufacturing and Agriculture Tax Credit can do for you In Wisconsin, call 855-INWIBIZ (toll free) or visit Manufactured.InWisconsin.com. MANUFACTURING RUNS STRONG IN WISCONSIN. ® IS NOT BY TAXING IT. PRODUCTIVITY THE WAY YOU GET MORE 64% 56% 54% 40% of manufacturers say the skills gap results in lost productivity. of manufacturers say the skills gap has had an impact on their company's growth. of manufacturers don't have a company-wide plan to address the skills gap. don't have a regular training budget. Source: The Boston Consulting Group (BCG) and "People Power: Human capital drives manufacturing competitiveness" by Tooling U-SME. Employees who use 1-5 cloud apps for work: 0 10 20 30 40 50 60 70 80 Manufacturers lead in cloud app use Manufacturing businesses lead in cloud app use, autonomy and policy creation. A contributing reason might be the reshoring movement, which has forced North American manufacturers to rethink operations and supply chains with an eye to efficiency. 67% of manufacturing employees report using 1-5 cloud apps for work—higher than the average across all industries. More than half (52%) of these employees say their IT departments are responsive about providing access to the new tools they need to do their jobs. 64% say their companies clearly communicate app use policies, compared with the 59% average. Source: The Boston Consulting Group (BCG) and "People Power: Human capital drives manufacturing competitiveness" by Tooling U-SME. Manufacturing 67% Legal 66% Healthcare 53% Financial 51% Average 62%

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