Digging into Labor Analytics with Kevin Dollhopf and Gary Yates

Justin welcomes Kevin Dollhopf and Gary Yates from Hickey & Associates. They discuss their labor report on the Inland Empire, which is a site selection model that analyzes the costs of real estate, labor, and transportation for companies trying to stay or locate a new facility in the area. The discussion covers the importance of labor to companies and the criteria used to evaluate labor force, unemployment rate, education level, and income. They also discuss how site selection can help balance supply chains in light of new risks such as climate and natural hazards, and how portfolio analytics can assist companies in making decisions about investing in solar power and other ESG initiatives.

Highlights

• Hickey & Associates specializes on site selection, labor analytics and incentives - 1:23
• How does labor have a big impact to users and companies? – 4:32
• The Inland Empire report is a site selection model that analyzes costs of real estate, labor, and transportation for companies looking to stay or locate in the area – 7:42
• Gary discusses the criteria for labor force, unemployment rate, education level, and income – 12:21
• They discuss headwinds and tailwinds of the Inland Empire – 13:46
• Mexico has a great labor market with favorable costs and accessibility to western markets, making it attractive to both US and foreign companies looking to grow their supply chains – 20:25
• Kevin emphasizes the importance of how site selection can help balance supply chains in light of new risks such as climate and natural hazards – 26:05
• Portfolio analytics can help companies make decisions about where to invest in solar power and other ESG initiatives – 29:00

Episode Resources

Connect with Kevin Dollhopf

• https://www.linkedin.com/in/kevin-j-dollhopf/
• https://www.hickeyandassociates.com/

Connect with Gary Yates

• https://www.linkedin.com/in/gary-yates/

Connect with Justin Smith

• https://smithcre.com/
• https://www.lee-associates.com/
• jbsmith@leeirvine.com
• https://www.linkedin.com/in/justinbsmith