The skilled labor shortage has been impacting the manufacturing industry for years, negatively affecting efficiency, productivity, and growth. To combat this issue, manufacturers are turning to different advanced technologies, including generative artificial intelligence (GenAI).
71% of manufacturers site the inability to attract and retain skilled workers as their primary challenge, and this lack of employees could lead to millions of industrial positions unfilled. GenAI is helping manufacturers augment their workforce, enabling an increase in productivity despite the lack of skilled labor.
By implementing GenAI, manufacturing companies can upskill their workforce, automate and streamline processes, and drive innovation within their production operations. Manufacturers can effectively leverage GenAI to optimize their operations and start on a path of continuous improvement.