Rockwell Automation’sCurrent State of Smart Manufacturing: CPG Edition”
Based on survey results of 216 FMCG leaders in 13 countries, 38% of whom are in the food and beverage sector and the remainder in the home and personal care sector, the study aims to help FMCG companies address industry challenges. We are investigating how we are implementing smart manufacturing technology for and move your business forward.
More than half (52%) of the FMCG companies surveyed said inflation was the biggest external challenge this year, followed by supply chain disruptions (41%) and skilled labor shortages (38%). became. And many commodities businesses are using smart manufacturing to overcome these challenges.
- 4 in 10 respondents say the need to minimize costs is driving their adoption of digital technologies.
- More than a quarter (26%) say smart manufacturing has helped them most with supply chain disruptions.
- Nearly one in four say smart manufacturing has helped solve the skilled labor shortage the most, but most commodities companies (90%) do not anticipate a workforce loss due to technology adoption. yeah. In fact, nearly 30% said they were likely to hire more employees.
Other common reasons for adopting digital technology were improving quality (44%), keeping up with the competition (42%), and adapting to rapidly changing consumer behavior (40%).
Consumer goods companies invest an average of about 21% of their operating budgets in technology, most commonly in cloud technology (45%), supply chain planning (42%) and cybersecurity (41%). Nearly 80% believe smart manufacturing is very important to the future success of their business.
For more information on implementing smart manufacturing in commodities companies, see: full report.
