07202019Sat
Last updateFri, 19 Jul 2019 2pm

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Manufacturing & The Economy

Survey: Companies Unprepared for Manufacturing 4.0

Only a fraction of respondents in a new Manufacturing Leadership Council survey, 13%, say that Manufacturing 4.0 concepts, requirements and challenges are well understood in their companies.

A majority of companies, 54% according to the survey, do not have formal strategies to identify and attract next-generation workers. And among the 36% that do have a strategy, only 13% consider those strategies to be very effective.

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