In today's fast-moving manufacturing environment, maximization of productivity and adherence to safety standards and quality are imperative and highly dependent on effective training. Conventional training methods, such as face-to-face workshops and long manuals, are giving way to training videos. This change not only serves modern learning preferences but also appeals for great efficiency, retention, and ROI.
Manufacturing has found training videos to be particularly appealing because they are both easily accessible and versatile.
A recent survey reported that a full 70% of employees would prefer video as a learning tool over more traditional methods. This preference is driven by the ability to revisit complex topics and the convenience of learning at one's own pace.
Benefits of Training Videos
- Time Efficiency
Training videos have the ability to compress learning into a more concise and digestible format. Where training in the classroom would traditionally take hours or even days, key concepts can be conveyed in just a few minutes with training videos.
Various studies reported that companies using video training reduced their training by as much as 60%.
- Consistent Delivery
Videos guarantee that the training given to every employee is consistent. This is crucial in the manufacturing industry, where methods and standards should be delivered with great precision. One video can ensure every employee gets the same quality training, reducing the chances of human error.
- Cost-Effectiveness
The bottom-line savings with training videos are considerable. Clearly, the organization will save some money on expenses such as traveling and renting facilities, apart from other instructor fees.
According to the Association for Talent Development, organizations that have adopted video training report that their training costs have reduced by 30%. - Improved Retention Rates
Visual learning aids further in understanding and retention. Studies have shown that learners retain 65% of what they are exposed to through video, while only 10% retain information from reading. This is so important in manufacturing, where remembering safety procedures and operating instructions can surely save millions in errors.
30% Training Costs Reduction
65% Better Retention Rates
compared to 10% retention from reading
Comparison with Conventional Training Methods
To illustrate the impact of training videos, let’s compare them with traditional training methods:
From this comparison, it’s clear that training videos drastically reduce both time and cost while significantly enhancing retention rates. This efficiency translates to faster onboarding and improved operational performance.
Return on Investment (ROI) Analysis
Calculating the ROI for implementing training videos can help manufacturers understand the long-term benefits. Here’s a simplified formula for calculating ROI:
Assumptions:
- Average annual salary of a manufacturing employee: $50,000
- Reduction in training time leading to increased productivity: 20%
- Estimated productivity gain per employee: $10,000
- Total cost of training videos for a team of 10 employees: $2,500
Calculating Net Profit:
-
1. Increased productivity for 10 employees:
10 employees x $10,000 = $100,000
2. Total training costs: $2,500
3. Net Profit: $100,000 - $2,500 = $97,500
This analysis shows that for every dollar spent on training videos, a company can potentially realize a return of nearly $39, highlighting the significant financial benefits of investing in modern training methods.
Implementing Training Videos in Manufacturing
For manufacturers looking to leverage training videos, several best practices can enhance their effectiveness:
Keep It Short and Focused: Aim for videos that are 5-10 minutes long, targeting specific topics or skills for easier absorption.
Include Best Practices: Incorporate best assembly practices and techniques including pointing at critical assembly steps.
Focus on Yields-critical Processes: Make sure to highlight yields-critical assembly steps and difficult-to-learn processes.
Incorporate Quizzes and Assessments: Follow-up videos with quizzes to reinforce learning and ensure understanding before applying knowledge on the floor.
Encourage Feedback: Collecting feedback on training videos can provide valuable insights for continuous improvement.
Leverage Mobile Platforms: Ensuring videos are accessible on mobile devices allows employees to learn on the go, fitting training into their schedules without disrupting production.
Challenges and Considerations
While the benefits of visual-based training are clear, some challenges and considerations must be addressed. Implementing advanced visual tools requires a significant upfront investment in technology and content development. Additionally, the effectiveness of visual training depends on the quality of the visuals themselves; poorly designed or inaccurate visual aids can lead to confusion and potentially increase errors.
By choosing LightVision Media Group, you gain access to a variety of technologies and over a decade of experience in creating media tools that significantly improve your training process.
Another consideration is the need for continuous updates to training content. As medical manufacturing processes evolve and new technologies are introduced, training materials must be regularly updated to reflect these changes. This requires a commitment to ongoing development and a robust feedback loop to ensure that training remains relevant and effective.
At LightVision Media Group, you gain access to expertise and a proven record of Visual-Based Training Production, Deployment, and Support. We offer a full life cycle of training as per the diagram below.
Conclusion
Training videos represent a powerful tool for improving efficiency and effectiveness in manufacturing training. By reducing training time, cutting costs, enhancing retention, and delivering impressive ROI, these videos cater to the needs of today’s workforce. As the manufacturing landscape continues to evolve, embracing innovative training methods like video will be essential for maintaining a competitive edge in the industry.
Investing in training videos not only prepares employees for the demands of their roles but also positions organizations for long-term success.