Fortna-FABLabor infographic-060419 · 2020. 1. 3. · Sources: Bureau of Labor Statistics, DC...
Transcript of Fortna-FABLabor infographic-060419 · 2020. 1. 3. · Sources: Bureau of Labor Statistics, DC...
1STRATEGY
Increase EngagementThrough Culture
For over 70 years, Fortna® has partnered with the world’s top brands to transform their distribution operations into a
competitive advantage. Fortna helps Clients make and keep bold promises to their customers – fast, accurate and cost-effective
fulfillment consistently at every touchpoint, across every channel. Fortna’s expertise spans distribution strategy, distribution
center operations, material handling automation, supply chain systems and warehouse execution software systems. We built
our firm on a promise – we develop a solid business case for change and hold ourselves accountable for results.
© 2019 Fortna Inc.
Sources: Bureau of Labor Statistics, DC Velocity, Pew Research Center, RILA, Manhattan Associates, Harvard Business Review
www.fortna.com
The Distribution Experts®
Use Technology toImprove Productivity4
STRATEGY
Distribution Labor ShortagesContinue, with No Signs of Abating
Go beyond compensation& benefits.
Create programs to engage employees.
Engaged employees increase profitability,
reduce turnover, and reduce the number of
safety/quality issues.
Millennials are now the largest generation in the workforce.
Millennials have different expectations for work.
Fix the
feedback
disconnect.
2STRATEGY
Look to UntappedLabor Pools
There are untapped, non-traditional sources of labor if you can
offer part-time or flex hours to accommodate them.
3STRATEGY
Make Work Funand Convenient
Add high-quality common areas,
multiple break rooms, cafeterias with
subsidized food, outdoor spaces,
fitness facilities and wellness
initiatives, child care and social
events that include family members.
Millennials value flexibility.
Crowdsourcing platforms can help
you offer part-time,
self-scheduling, and variable start
times while keeping full shifts.
Motivate employees through
smartphone apps and trackers
that reward desired behaviors.
Don’t let labor challenges stand in the way ofgrowth and profitability.
Now is the time to stand out as an employer and to implement creative
strategies to overcome the challenges. Choose a partner with the
experience to help.
Four Things Companies Are Doingto Overcome Labor Challenges
$15minimum wage for
warehouse employees at
U.S. Labor Force by Generation
1995
In millions
0
10
20
30
40
50
60
70
2000
Millennials
Gen Xers
Boomers
2005 2010 2015
A job you enjoy 50
40
36
34
27
24
19
44
38
39
36
30
20
22
38
31
26
31
15
20
17
Job security
Time off to meet
family or child
care needs
Good benefits
Opportunities for
promotions/
advancement
A job that
helps society
A high-paying job
2014 2016 20182008
500
1100
20182014
Unemployment in
US, UK and parts
of Europe
4%
<10% 39.2%
10-25% 29.5%
25-50% 21.0%
50-100% 8.0%
100-200% 1.7%
Over 200% 0.6%
annual turnover experienced
by 50% of employers >10%
increase in the number of
warehouse and transportation
jobs since 2014
50%
Hourly wages
continue to increase.
of employees want
daily feedback
60%ONLY
18%
of supervisors spend most
of their time interacting
with employees
Look for new
ways to justify
investments.
Get creative in expanding the pool of labor.
High School/
College Students
Mothers with
school-age
children
Veterans and
their spousesRetirees
Special Needs
WorkersEx-Convicts
Workers
Looking
to Supplement
Primary
Income
Crowdsource
Shifts
Use
Gamification
Automated visual or
audio clues to improve
picker productivity
and accuracy and
speed up onboarding.
Pick to Light
& Voice PickWorkers wear supportive gear to
reduce fatigue, enhance
movement and increase safety.
Exoskeletons
Realtime instruction displayed on
smart glasses - to increase
productivity and reduce errors.
Augmented Reality
Even mainstream
technologies are now more
cost-justified due to the
labor shortage – tote
stackers, wearables, etc.
Other
Technologies
Use
Human-Centered
Design Concepts in
your DC
The Distribution Experts®
Presented by
Labor Challenges, Trends
and Practical Strategies
22% Profitability
26% Employee Turnover
41% Quality Issues
48% Safety Incidents
Engaged Employees:
Fortna, The Distribution Experts®, can help.
helped justify investments in programs that engage workers and
enhance culture, aimed at increasing retention
$10 million in annual turnover cost