PROBLEMS IT HAS TO FACE TODAY

The secondary sector is not easy for people who doesn’t want to improve. Every day, something changes that affects to the secor, and this are the main reasons:

Globalization and Internationalization: Increasing international competition has put pressure on local industries, which now have to compete not only with national companies but also with international giants. This can lead to a race to the bottom in terms of labor costs and environmental standards.

Energy Transition and Environmental Sustainability: The need to adopt more sustainable practices and reduce the carbon footprint is imperative. However, transitioning to renewable energies and adopting sustainable production processes require significant investments and face resistance due to the initial costs and disruption of existing operations.

Innovation and Technology: Keeping up with rapid technological advances is essential for competitiveness. Digitalization, automation, and artificial intelligence offer opportunities to improve efficiency and product quality, but they also require substantial investments and the restructuring of production processes.

Supply Chain and Logistics: Logistic challenges, exacerbated by global crises such as pandemics or international conflicts, can disrupt supply chains, affecting production. Dependence on raw materials or components from foreign markets puts industries in a vulnerable position to global market fluctuations.

Demographic Change and Labor Shortages: In many regions, an aging population and a declining working-age population pose problems for finding skilled workers. This is especially problematic for industries that require specialized skills.

Regulations and Government Policies: Navigating the complex landscape of regulations, both nationally and internationally, can be a challenge. Government policies on trade, environment, and employment have a direct impact on the operations and profitability of the secondary sector.

Pressure to Reduce Costs: The need to reduce costs while maintaining high standards of quality and sustainability is a constant pressure. This often requires continuous innovation and the search for efficiencies in production.

Need for Training and Skills Development: Automation and digitalization require a workforce that is trained in new technologies. The existing skills gap means that companies need to invest in training and development, which is a challenge in terms of both time and resources.