Manufacturing Industry Trends: What Successful Companies Are Doing Differently

August 22, 2022

As the manufacturing industry continues to evolve and more manufacturing production is being brought back to U.S. facilities, many companies are preparing to regain momentum and handle future demands.

New processes and systems brought on by the COVID-19 pandemic have improved manufacturing operations and are here to stay. In fact, 95 percent of manufacturers stated that they expect most of the process changes to be permanent, according to a recent Salesforce Trends in Manufacturing report.

Safety, technology, and strong teamwork to enhance collaboration are just some of the factors that manufacturers are focusing on to create improved efficiencies. As the manufacturing industry eyes positive economic indicators amid continued supply chain disruptions, now is the time for companies to consider some of the key characteristics of future-ready manufacturers:

  • Prioritizing employee safety through technology ­– In today’s manufacturing environment, more companies are leveraging cutting-edge technology such as virtual reality training and wearables to enhance worker safety and minimize risk. Interactive training can improve employees’ ability to perform the role correctly by 58%, according to the Occupational Health & Safety Administration.
  • Embracing digitization to improve processes – The acceleration of digital technology adoption could bring operational efficiencies to scale for manufacturers, according to Deloitte. Fifty percent of manufacturers stated they plan to invest in robots and artificial technologies through 2025.
  • Attracting and retaining a quality workforce ­– More than 80 percent of manufacturers recently stressed the importance of talent acquisition to recruit, engage and maintain a robust team, according to Salesforce. The industry is driving strong U.S. hiring as demand for goods remains high.

Protection Forged in Partnership

Amerisure is expanding its focus on the manufacturing industry by investing in our products and people who provide the expertise you rely on to help protect your manufacturing business.

Learn more about the unique coverage and technologies to complement your manufacturing programs, including our new Product Recall and Manufacturers Errors & Omissions products, expanded appetite to provide industry-leading service to more manufacturing businesses, and an increased investment in our expert employees with manufacturing knowledge.