Challenge
A leading toy company faced a challenge in modernising its supply chain to meet challenges in rising labor supply, costs and productivity.
Solution
- Reviewing existing talent pool and mapping it to new business needs in toy design and development, automation of business processes and manufacturing
- Create a talent strategy to reduce reliance on manual non-value-added processes and increase investment in the areas of engineering and automation
- Aggressively hired the right talent globally at office and factory locations over a period of 12 months
Measurable results
- With the right human capital strategy in place, the company was able to increase its bet on automation and successfully implement its capital investment plan of >$100M, thereby increasing its output reliability of product
- Mitigate the risk of reduced labor supply by reducing reliance on manual unskilled labor
- Create a more responsive workforce management plan to retain skilled talent and labor
- A more resilient manufacturing and supply chain organisation that can reliably make and deliver product on time and in full