Consumer Packaged Goods (CPG) leaders acknowledge that neglecting to adapt to the industry's transformation can stifle growth and competitiveness, especially considering that the manufacturing sector could see up to 2.1 million unfilled jobs by 2030 if current workforce challenges are not addressed.
Among the key findings of Rockwell Automation’s 9th annual State of Smart Manufacturing Report: CPG Edition workforce issues, inflation and the energy crisis are the top external obstacles for CPG manufacturers in 2024. Training current employees on new processes is the top workforce-related obstacle for CPG manufacturers in 2024.
"As CPG manufacturing leaders navigate a complex and evolving landscape, they are realizing that the ability to support their workforce will be a critical factor for success," said Steve Deitzer, vice president of global industry – CPG, at Rockwell Automation.
He stressed that this year's report underscores the need for CPG manufacturers to prioritize workforce development, as ensuring employees are well-trained and equipped to leverage emerging technologies will be essential in overcoming industry challenges and achieving sustainable growth.
Technology priorities
Respondents to the study revealed that technology investments increased 26% year-over-year, from 21% to 27% of the operating budget, with 86% of CPG manufacturers are using or evaluating smart manufacturing technology in 2024.
CPG manufacturers are prioritising technologies, including smart manufacturing and automation, that enhance and augment the value of their employees to attract, engage and retain their workforce.
