Manufacturing
If it weren't for the incredible work completed by companies within the manufacturing industry, we wouldn't have many of the things we have today. The industry relies heavily on heavy machinery to produce significant components that contractors often use to put something together and build specific items, such as vehicles, bicycles, trains and other transportation options. Finally, professionals working for manufacturing companies push out the final products that consumers can buy and use, whether they find these items at a car dealership, department store or somewhere else.
While recovery from the pandemic is taking longer than anticipated, the outlook for the industry is still positive, with an expected increase in market size of over 9% throughout 2021. And, as the market size begins to increase, so will the number of challenges firms like yours will need to overcome.
What Are the Challenges Happening Within the Manufacturing Industry?
Firms within the manufacturing industry are struggling to fill in the skills gap. As a result, it becomes more challenging to find individuals who possess specific skills to complete essential tasks during the manufacturing process. With difficulty finding the right talent, you may need to search for employees from other countries to work remotely to handle specific jobs.
Along with the skills gap, you must work on incorporating automation into your daily operations. Many companies like yours are still relying on outdated techniques to manufacture products that consumers will eventually buy. While the obsolete methods are tried and tested, they often take much longer to get the job done. Utilizing automation systems can increase productivity in the workplace and help you get more done in less time. If you’re getting more done, you’re producing more products and earning a more significant profit.
How Manufacturing Firms Can Use Our Services to Their Advantage
Billions of people worldwide rely on the services provided by the manufacturing industry. If it weren’t for the many firms and their hardworking employees, we wouldn't have many of the things we've grown to rely on over the years. While companies like yours have a lot on your plate, our goal is to ease the stress of global expansion by streamlining services that can keep you organized while taking you to the next level.
We provide a global expansion toolkit consisting of extensive services that companies of all sizes can rely on, including global immigration, global payroll, employee background screening and global employment consulting. For example, when companies need to take on new talent from different countries, our knowledgeable team members can help by screening those employees, finding the perfect candidates to handle the workload and handling employee pay. We complete these and other essential services while ensuring compliance.
Our goal is to help you take their business to the next level. While we have offices in the United Kingdom, United States, Portugal and the Philippines, we know the regulations in 214 countries and territories. We use what we know to make global expansion a straightforward, stress-free process for all.
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Global PEO Solutions
Global PEO is just one piece of the puzzle. For your international expansion plans to be successful, you need to consider HR, payroll, tax and a whole lot more. That’s where we can help. Our comprehensive PEO service covers everything you’ll need to enter new markets quickly, compliantly and without being buried in red tape.