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Availability and Cost of Skilled and Unskilled Labor
Today’s workforce lacks the mechanical skills that had been commonplace during the previous generation. Binderies must compete with the local Starbucks in the same labor market, making it more difficult to get inexpensive labor. This labor problem creates opportunities for manufacturers. There are several ways manufacturers can help and create revenue opportunities. The first is to follow Apple’s lead in creating easy-to-use equipment that features such simplicity as a “press here” and uses graphical user interfaces to help guide users through operations, thereby enabling even the least skilled individuals to operate the equipment.
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