Manufacturing Jobs making a rebound from COVID
Numerous industries across the world are negatively impacted by the coronavirus pandemic. They include the manufacturing industry as well. The global pandemic is not over yet, but we now see how it has become important for businesses to make a comeback. Hence, it is worthy to take a look at the way how the manufacturing jobs are making a rebound from the COVID pandemic.
How has manufacturing jobs been impacted by global crisis situations in the past?
Before we take a look at the way on how manufacturing jobs would behave with the global pandemic, it is worthy to take a look at how they have behaved in the past. When we take a look at the global crisis situations from the past, such as the Great Depression and 9/11 attacks, we see how changes were introduced to the consumer behavior. Some of the manufacturing businesses could experience an increased demand due to the crisis, whereas the demand for some other manufacturing industries dropped significantly with the pandemic. We can expect the same thing to happen with the coronavirus pandemic as well.
Due to the COVID-19 pandemic, we can see how there is an accelerated number of customer trends in areas such as streaming services, working from home, online learning, and video communication. Likewise, we can also see how there is a rapid demand for delivery services. This is something that would happen during a shut-in economy.
Short term effects that manufacturers have to face due to COVID-19 pandemic
Coronavirus pandemic hit the world during the most unexpected time. On the other hand, it created an impact on the manufacturing companies in the most unprecedented way as well. We can now see how different areas of manufacturing businesses, such as workforce, supply, demand, and history have been impacted negatively. This is the very first time that we are seeing such a situation in the recent past. Hence, a large number of manufacturing firms around the world are experiencing this for the very first time.
Some of the manufacturing companies around the world are engaged in the process of manufacturing vital goods needed by people. Manufacturers that offer a paper, personal care, and pharmaceutical are to name a few. We often see how these companies are struggling hard to accommodate their sales targets due to the drops in demand. Due to the drops in demand, their income has dropped significantly. As a result, they are now forced to cut down their operational expenses by a significant amount.
Every single large scale manufacturer that exists out there in the world is experiencing disruptions to the supply chain as well. For example, the supplies from different countries, especially the countries that are located in South Asia have dropped.
The short term effects of manufacturing companies that are hit hard by the pandemic are obvious. We will notice how lots of people would lose their jobs.
In the meantime, the employees who get the opportunity to keep their jobs will have to adhere to the safety measures as well. This is not just placing additional pressure on the employees but is also in a position to create lots of additional pressure on the employees as well. Around 50% of the workforce would not be available to proceed with their on-site duties. In fact, there is no possibility to get employees due to social distancing measures.
Knowledge workers and office employees will still be able to work remotely and continue to support the growth of the companies. However, most of the manufacturing companies have not adopted similar measures. In fact, their work is not designed to be done remotely. There is a lack of infrastructure and digital tools, which will help the employees to proceed with their work remotely. Hence, they have no other option than to come to the workplaces and support the companies.
Long term effects that manufacturers have to face due to COVID-19 pandemic
The COVID-19 pandemic would definitely create numerous negative impacts on the manufacturing companies. However, we will not be able to see anything worse happening. That’s because the manufacturing companies are now making rapid changes to their processes in order to adapt according to the new norm. Hence, we will not be able to experience any major negative consequences across the different manufacturing businesses that exist around the world.
The manufacturing businesses will be able to come back to their ordinary business operations in the near future. Even though the pandemic has not yet ended, we can see how a large number of manufacturing companies have been able to adapt accordingly through the rapid initiatives taken in their businesses. Hence, the manufacturing jobs are making a rebound as well.
People who lost their jobs due to the sudden impact of the pandemic will be able to get their jobs in the near future. They might not be able to get the same job they had. However, we can assure you that all the people who lost their jobs will be able to secure a job, even in another company.
The COVID-19 pandemic hit the world during the time where we least expected it to happen. This is the main reason why a large number of companies had to face the negative consequences that came along with it. If we can adapt according to the new norm, we will be able to minimize the disruptions that we experience. Manufacturing companies do the same.
The future of manufacturing
We can expect some slight changes to happen in the manufacturing companies within the future as well. For example, we will be able to see how people paying special attention to automation. This will help them to keep the businesses moving forward along with time. However, automation will not cut any more jobs. It will create new job opportunities, which people will be able to go ahead and grab. This will help the people who are engaged in jobs within the manufacturing industry to rebound from the global crisis.
Jacob Darr Associates is a boutique Human Resource Recruiting Firm based in North Carolina servicing Human Resources, Executive Leadership, Legal Counsel, and Manufacturing.
Jacob Darr Associates