A.I. - Actual Intelligence. Get the insights into your labor data, benchmark your operations and forecat changes in your operation from labor, design, equipment or even IT proposed changes. WarehouseKommand.com
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Thanks to everyone who participated in SMU's survey this week.
A few things stand out: Lead times continue to slip. Mills are more willing to negotiate lower prices. And more and more service centers respondents (61%) are cutting prices.
That's a big change from late March, when most service centers (91%) were raising price or holding them steady.
What changed? Nucor Corporation rolled out its first CSP on April 8 at lower-than-expected numbers. And the first CSP of May was another surprise move lower. (But likely in line with contract discounts and/or prices available to larger buyers.)
The good news? Most survey respondents (75%) report that demand is stable or improving. And most (71%) report that their companies continue to meet or exceed forecast.
#smusteel#steel#steelprices#sheet#plate#leadtimes#servicecenterhttps://lnkd.in/egdt5x5T
Experienced Finance IT-Operation Professional with 2.8 Years Expertise | Advanced Excel, SQL, Power BI, MIS, Dashboard, Report, and Tableau Skills | Driving Data-Driven Success in Financial Operations. #DataAnalytics
Key Factor for DoD Projects: Understanding the Importance of Labor Supply
Why Labor Supply?
When it comes to defense projects, the demand for specialized skills and clearances is non-negotiable. The availability of a skilled and credentialed workforce can make or break the operational capabilities of any facility. From engineers to IT specialists and security personnel, each role is crucial and requires a specific set of skills and certifications.
Strategic Site Selection
Choosing a location isn’t just about land and logistics; it’s fundamentally about people. Before committing to a new site, we rigorously analyze the local and regional labor markets to ensure there is a sustainable supply of qualified workers. This often means looking beyond current statistics and forecasting future educational and training trends.
Building Local Partnerships
Engaging with local educational institutions and training centers is crucial. By fostering these relationships, we can help shape curriculums and programs that not only benefit the community by providing job opportunities but also create a reliable pipeline of talent tailored to meet the unique needs of defense projects.
The Bottom Line
For anyone considering where to locate their next defense-related operation, our advice is clear: prioritize your labor supply strategy. Understanding and integrating into the local workforce ecosystem is not just a good practice—it’s essential for long-term success.
Looking to expand or establish new operations? Let’s connect and discuss how to strategically navigate your next site selection to ensure access to the best talent available.
https://ow.ly/6UK250RnbCe#DefenseIndustry#SiteSelection#WorkforceDevelopment#LaborMarket#StrategicPlanning