Webinars
Food Industry in 2040: Is a 50% Workforce Reduction Inevitable?
Food and Nutrition
Industrial Equipment
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In this forward-looking discussion, we explore the transformative potential of automation and its impact on the food manufacturing industry leading up to 2040. We examine how automation is reshaping operations, workforce dynamics, and the broader business landscape. With expert perspectives, this conversation addresses the economic pressures driving automation, the technological advancements enabling it, and the potential future scenarios it presents. Whether tackling labor shortages, enhancing efficiency, or managing the complexities of integrating advanced technologies, this session provides valuable insights into the future of food manufacturing. Here’s what you can expect:
- Automation is quickly becoming a priority, with 25% of capital spending in food and beverage manufacturing directed toward it over the next five years.
- The food industry’s focus on efficiency is driven by the perishable nature of its products and tight deadlines.
- Labor shortages in food manufacturing have cost the UK €1.4 billion since 2022, underlining the urgent need for automation.
- Automation reduces human error, particularly in repetitive and critical tasks, improving operational effectiveness.
- Predictions show a significant workforce shift, with automation reducing low-skilled roles while increasing the demand for technically skilled labor.
- AI, robotics, and automation will disrupt job roles but create retraining opportunities in robotics, system integration, and digital monitoring.
- Challenges such as high capital costs, skill gaps, and the need for adaptable systems remain.
- By 2040, AI and robotics could reshape the industry, though economic, geopolitical, and social factors might influence the pace of adoption.
This webinar explores the intersection of technology and workforce dynamics, offering a clear look at both the opportunities and challenges automation presents.
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