Manufacturers Turn Challenges Into Opportunities » CBIA

Oct 4, 2024 · Manufacturers Turn Challenges Into Opportunities. 10.04.2024. Featured. ... Connecticut’s shrinking labor force illustrates the challenges faced by manufacturers and all …

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CBIA Report Finds CT Manufacturers Still Struggling With Higher …

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Oct 2, 2024 · A new report from the Connecticut Business and Industry Association found that 80% of manufacturers in the state said it was difficult to find and retain workers, amid an …

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CONNSTEP Helps Secure $1.4M Defense Manufacturing Grant » …

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Sep 24, 2020 · A coalition of manufacturers and trade groups, including CONNSTEP, was awarded $1.4 million to accelerate the adoption of 3-D design technology. ... Manufacturers …

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FAQs about Manufacturers Turn Challenges Into Opportunities » CBIA Coupon?

How will Genai revolutionize the manufacturing workforce?

While Industrial AI is embedding AI into business processes, data and applications, we are also seeing GenAI revolutionize the manufacturing workforce by automating routine tasks and augmenting human capabilities. ...

What challenges do manufacturers face?

In a study* of manufacturers from around the world, IFS found the top three challenges were technological advancements, cybersecurity threats, and climate change. These issues pose substantial risks, from operational disruptions caused by cyberattacks to supply chain vulnerabilities exacerbated by climate events like floods and droughts. ...

Should manufacturers embrace AI in 2025?

Starting in 2025, manufacturers must define the value of AI for their organizations and accept that risk is inherent in innovation. Risk has not always been easy for manufacturers, but to remain competitive, they must become less risk averse. ...

Why are global supply chains shifting to a localized production model?

Global supply chains are increasingly vulnerable to disruptions from geopolitical instability and extreme weather. As a result, nearly half (49%) of manufacturers are shifting toward a more localized production model. ...

Why are manufacturers shifting to a more localized production model?

As a result, nearly half (49%) of manufacturers are shifting toward a more localized production model. Localized, automated facilities near key markets will allow manufacturers to reduce transportation costs, emissions, and risks associated with long supply chains. ...

Which products will have mandatory DPPs in 2027?

From 2027, industrial and electric vehicle batteries will be the first products to have mandatory DPPs. Other product categories, including textiles, are expected to follow by 2030. DPPs will enhance transparency, streamline recycling processes, and align with consumer demands for sustainable goods. AI will also drive sustainability efforts. ...