Change is inevitable and critically necessary to influence competitive progress. Execution models need to change. It's real...and it’s referred to as a “nuclear” resource issue for the construction industry. With bidding wars for talent, construction projects at ten year highs, job creation growing 2x faster than labor pool availability, and 10,000 baby boomers retiring every day (which is most of our labor talent population today), we face a resource challenge to say the least.
Some of what's required to enable critical change includes:
Many current practices of manufacturing and fabrication are being transformed by disruptive technologies. These technologies help to offset resource insufficiencies, create project productivity, minimize downtime, and provide greater revenue.
Disruptive technology is a hot buzzword in most industries, and OSM manufacturing is no exception. With powerful technologies like AI (Artificial Intelligence), ML (Machine Learning), IIoT (Industrial Internet of Things), AR (Augment Reality), and Cloud Computing, lean based practices can be leveraged to achieve greater efficiency and greater results with fewer construction resources.
Still, skilled and technical labor resources are needed in our industry, and these resources can be grown and fostered by connecting, learning, and sharing together.
Connect / Learn / Share
We at Critical Process Systems Group (CPS) believe success is grounded in adaptation, which is why we provide innovative product solutions to create improvements and change within the industries we serve.