This year's survey report provides insight into the technology innovation taking place across the supply chain industry—and the associated workforce challenges. Organizations of all sizes are moving toward the digital supply chain model. During this transformation, many organizations face some level of a talent skills gap and workforce shortage. This report compiles the survey results from over 1,000 manufacturing and supply chain professionals.
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MHI commissioned this report with Oxford Economics to quantify the economic impact that this vital industry has across all industries and regions of the United States. That impact in 2018 amounted to more than $173.2 billion in GDP, as well as $39.3 billion in taxes to local, state and federal governments. In addition, the report found that the material handling industry supported nearly 1.6 million jobs in 2018, and workers in the industry earn $73,900 annual income on average, placing them well above the median income earners.
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This comprehensive forecast of material handling equipment manufacturing (MHEM) is released each quarter and looks 12 to 18 months forward to anticipate changes in the material handling and Logistics marketplace.
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The U.S. Roadmap for Material Handling & Logistics assembled a broad, open community of thought leaders with a stake in the future of material handling and logistics technologies and practices. Together, participants created an industry roadmap that will increase productivity, reduce costs, create jobs and improve the global competitiveness of the U.S. between now and 2025. The Roadmap consists of a report and action plan.