Skill transfer is the strategic process of passing down knowledge and expertise from experienced workers to the next generation. It is a critical function for companies facing an aging workforce, especially in manufacturing, where the loss of seasoned workers' know-how can disrupt operations and quality.
A primary challenge lies in transferring tacit knowledge—the undocumented skills gained from years on the factory floor. To overcome this, organizations are leveraging digital tools like AI-powered knowledge management systems and augmented reality to codify and disseminate this expertise, ensuring business continuity and fostering innovation.