UK Manufacturing Statistics

Manufacturing contributes £6.7tn to the global economy. Contrary to widespread perceptions, UK manufacturing is strong with the UK currently the world’s ninth largest industrial nation. Manufacturing makes up 10% of GVA and 45% of UK exports, and directly employs 2.7 million people.

The rising cost of energy and raw materials, as well as the potential cost arising from the uncertainty of Brexit, are all key concerns.  A large number of manufacturers have reported that they are focusing on “increasing sales” and “decreasing costs” going forward. An undeniably positive note characterises the mood with respects to new technologies, with the continued investment interest in automation, additive manufacturing and factory connectivity showing manufacturers are looking forward with confidence.

MIETrak Pro is an ERP/MRP and Production Control Software that will give you ROI, visibility, and allow you real time reporting; you will know what’s happening on your shop floor instantly and all of it at your fingertips.

You can focus on increasing your sales and together we can focus on decreasing your costs.  Call today and see for yourself how MIETrak Pro can change the way you view your manufacturing business!

* Information has come from the Hennik Research – Annual Manufacturing Report via The Manufacturer

 

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