In Industry 4.0, machines augment a very different breed of workers

Global Manufacturing Outlook Episode 3

Many manufacturing CEOs around the world are bullish about the impact that several different types of automation will have on their workforce. Indeed, 64% of the 1,300 CEOs that participated in KPMG’s 2018 Global Manufacturing Outlook survey believe that artificial intelligence will create more jobs than it eliminates.

This is due to the expectation that a whole new breed of workforce, with dramatically different skill sets, will need to emerge to unlock the potential ROI from a sustainable technological transformation. In fact, two-thirds of the surveyed CEOs believe that data scientists will possess one of the most coveted skillsets for future growth in manufacturing.

So, what do manufacturing organizations need to know about retooling their workforce to effectively compete in the world of Industry 4.0?

In this podcast, Eric Logan and Greg Corlis, both strategy-focused executives from KPMG’s Advisory group, sat down to discuss:

• Why new, technologically-focused skills are so critical for today’s manufacturers
• The importance of clearly defining the required new roles, and building programs to train employees on the new technologies
• Why there’s so much skepticism about predictive analytics, and why there shouldn’t be
• How to win the war for talent, particularly high-in-demand data scientists.