General problems in the industrial sector are-
1) Delays in government procedure- Delay in formation and changing regulations have always haunted manufacturers.complying with new standards isn’t an easy task for manufacturers. More often than not, they’re a burden and thanks to globalization, manufacturers are also forced to deal with regulations that are unique to each territory.
2) Lack of opportunities for skill development- As one generation exits the workforce, it makes way for a new generation of workers. This transition is, in itself, quite a challenge. Manufacturers face the challenge of filling up those positions with equally skilled members from the current generation. However, the new generation of employees is simply not skilled enough, making the challenge even harder to over come. As a result, manufacturers have to develop strategies such as working with the education sector to offer the skills training necessary to fill these positions.
3) Lack of updated technology- As technology evolves, the rate of innovation increases. But, this also means companies have to rush and that can lead to all kinds of temptations. The urge to skip a step or avoid certain tests can be hard to resist when the goal is to market the product as soon as possible.So, innovation management becomes a must in these situations. Preferences change by the day and any delay in delivering appropriate solutions can mean the end of everything.
So, manufacturers have to establish a system that allows for the consistent delivery of new ideas and innovation. Only this can sustain manufacturing success.