How to shape the manufacturing sector in the UK

📊 Output and orders remain positive, and recruitment and investment intentions are stable, but business confidence has dipped, according to the latest Manufacturing Outlook Q4 report. It comes just three months after business confidence among manufacturers was at its highest point for a decade. Read the full report here ➡️ https://lnkd.in/emn7QRVA #UKmfg #Manufacturing #Engineering #Production #Productivity #UKmanufacturing | Make UK | BDO UK LLP

'UK Manufacturing: The Facts 2024' published by Make UK, highlights the share of business investment directed towards the manufacturing sector, reinforcing the industry's significance once more. #statistics #manufacturingstatistics

What drives value for manufacturing companies? Getting a handle on how much businesses in the manufacturing sector are worth can be challenging. Here’s a checklist of seven key factors that valuation pros consider.https://buff.ly/3YctBdL

Output and orders remain positive, recruitment and investment intentions are stable, but business confidence has dipped according to the latest Manufacturing Outlook report. It comes just three months after business confidence among manufacturers was at its highest point for a decade. Read more here ➡️ https://lnkd.in/eVnzRKYy #UKmfg #Manufacturing #Engineering #Production #Productivity #UKmanufacturing Make UK BDO UK LLP

💡 Manufacturing leaders: Are you leaving money on the table? One of our manufacturing clients just recovered $650,000 in R&D tax credits - for work they were already doing! Many companies don't realize that their daily innovations qualify for these valuable credits. Qualifying activities include: • Process improvements • New product development • Equipment modifications • Quality control systems The best part? These credits can be claimed retroactively. For this client, that meant $450,000 in past credits plus $200,000 for current year activities. Don't miss out on this opportunity to reinvest in your innovation. We work on a success-fee basis - you only pay if we find savings. 🔧 Want to learn if your manufacturing operations qualify? Let's connect! #Manufacturing #RandD #TaxCredits #Innovation #ManufacturingInnovation #ProcessImprovement #ProductDevelopment

Manufacturing output is on the rise at last, but what does this really mean for businesses in the sector? I recently offered my thoughts to UK Manufacturing on how to best take advantage of new market opportunities 👉 https://lnkd.in/eV3uc4XD #Manufacturing #SupplyChain

The future of #manufacturing is bright, from reshoring to investing in the trades. We have a front row seat as this unfolds, supporting companies that are preparing for this as well as consulting with those who want to start preparing. Regardless of where your company is, don't wait to invest in your brand, #communications programs and employees -- opportunity is here and its banging on the door. #2025planning https://lnkd.in/gnRGuNpR

The advancement of technology and automation is outpacing the supply of skilled manufacturing workers. By 2028, the U.S. could face a shortage of 2.4 million workers. Factors contributing to this gap include retiring experienced workers, lack of vocational training in education, misconceptions about manufacturing careers, and rapidly evolving technology. To bridge skills gap, embrace new technologies, invest in education, foster continuous learning culture, and collaborate with industry leaders.

One thing is clear: the manufacturing industry intends on using data to drive productivity more than ever before. 🏭 RSM UK and Make UK have surveyed more than 200 business leaders from across the manufacturing sector to establish where they will prioritise their investments over the next 12 months and how they will access the finance needed to fuel these investments. Access the full report to learn about the investment decisions that will shape the future of manufacturing: https://ow.ly/2yFG50U33ka #RSM

Could the UK ever become the 'Go-To' destination for manufacturing - well we hope so but we need more Government support - great report from Crowe & the Confederation of British Metalforming (CBM) at what it will take to get there - and fast!! Inputs and insights from Johnathan Dudley and Stephen Morley show that UK Manufacturers need a Government Action Plan and can Kemi Badenoch ever shape this 'Advanced Manufacturing Plan' into soemthing deliverable from the Department for Business and Trade Mike Hawes Kevin Craven Stephen Phipson CBE Michelle Donelan MP #manufacturing #nearshoring #supplychain #advancedmanufacturing Well worth a read of Manufacturing Digital too.