Rockwell Automation Unveils Challenges Facing Life Sciences Manufacturers
Rockwell Automation, Inc., the world leader in industrial automation and digital transformation, has recently released the findings of its 9th annual “State of Smart Manufacturing Report: Life Sciences Edition.”
The Workforce Challenge Takes Center Stage
This year’s report highlights the pressing need for a skilled workforce within the life sciences sector. As companies strive for sustained growth and innovation, 2024 has seen workforce challenges emerge as the predominant external barrier, surpassing concerns about inflation and economic stability. An impressive 96% of surveyed manufacturers are currently employing or assessing smart manufacturing technologies, signaling a robust shift toward increased technological investments, which now represent 31% of their operational budgets.
Balancing Quality and Growth
Despite the surge in technology adoption, life sciences manufacturers continue to grapple with the internal challenge of balancing quality with profitable growth. This ongoing struggle underscores the importance of strategic priorities, particularly in areas such as generative design and artificial intelligence. Furthermore, rising labor costs and the ongoing difficulty in sourcing skilled workers are critical issues that require immediate attention.
Commitment to Sustainability
Notably, life sciences manufacturers are increasingly emphasizing their commitment to environmentally sustainable practices throughout the product lifecycle. This focus aligns with their Environmental, Social, and Governance (ESG) initiatives, highlighting a dual commitment to operational efficiency and responsible manufacturing.
Investing in the Future
Dilip Sawhney, managing director of Rockwell Automation India, articulated the report's key insights: "The ability to attract, retain, and develop a skilled workforce is crucial for the success of life sciences manufacturers." He further emphasized that investing in smart manufacturing technologies and workforce development is essential for navigating today’s complex manufacturing environment.
Empowering Workforce Development
To overcome existing obstacles and foster innovation, life sciences manufacturers are implementing strategies to retain, upskill, and engage their workforce. Technologies that enhance and complement the capabilities of employees are becoming pivotal in not just addressing current challenges, but also in driving future growth in this intricate landscape.
