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Home Economy

Talent Shortage Threatens Manufacturing Growth in Mexico

The lack of skilled workers jeopardizes the industry's ability to take advantage of the nearshoring boom.

T21 Media by T21 Media
9 October, 2024
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Escasez de talento, freno de mano para las empresas

Mexico faces a growing shortage of qualified talent in the manufacturing sector , which could limit its ability to capitalize on the nearshoring boom , according to a press release issued by Fracttal.

In this regard, and according to a study by the firm D&M Abogados , it is estimated that, in the next three years, 71% of vacancies for middle management in the industry will not be able to be filled due to the lack of workers with technical skills.

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This deficit, driven by the growing demand for specialized profiles in areas such as automation, robotics and industrial programming, is causing concern in a sector that is seeking to modernize its production processes.

The bulletin also explains that companies across the country are reporting greater difficulty in finding qualified personnel . In addition, a KPMG study indicates that 56% of companies faced talent shortages in the last year, particularly in locations with a high concentration of industries.

Christian Struve, CEO of Fracttal, highlighted the urgency of updating workforce capabilities.

“We cannot wait for the next generation to bring these new skills, otherwise we will have to usher in the era of relearning, especially in terms of technology,” Struve said.

The lack of skilled workers is seen as one of the biggest challenges for manufacturing in Mexico, as it puts a brake on growth in the industry.

In this regard, the statement issued by Fracttal highlights that training the current workforce and updating their technical knowledge is key for companies to compete at a regional level and operate the technologies that are being implemented in the plants.

The demand for these profiles far exceeds the supply , leading many companies to explore technological solutions such as artificial intelligence to optimize their operations. However, human capital training remains a fundamental element for the sector to continue advancing.

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Tags: D&M LAWYERSFRACTALKPMGMANUFACTURENearshoring

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índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas