Shift from Manufacturing to Supply Chain
The July-August, 2018 Inc. magazine has an article (pg. 22) about manufacturing vs supply chain service jobs. From 1999-2015:
- Manufacturing jobs declined from 12.5 million to 8.2. Supply chain jobs increased from 13.4 million to 20.0.
- Manufacturing salaries climbed only slightly from $54,800 to 59,800 while supply chain jobs rose from $72,600 to $85,200.
With increasing manufacturing automation, more jobs are being created around supporting production than actual production. Something to think about.