Labor productivity is the top factor for becoming competitive in the manufacturing sector, according to a new global survey commissioned by Kronos Incorporated and conducted by IDC Manufacturing Insights.
Following labor productivity, the primary factors are modern infrastructure, government support and foreign direct investment, the survey finds.
Of the factors that can improve work force productivity are training and continuous improvement of the existing work force at 68.2 percent and investment in technology at 63.3 percent.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
