SWMAS is pleased to share the latest Barometer results with you.
April’s report offers valuable insights into the investments that UK manufacturers are planning to help them address current challenges and drive future business growth.
Key Findings this quarter…
- With almost three quarters still struggling to recruit suitably skilled staff, respondents are planning to upskill their current workforce (68%) and invest in automation (43%) to address this issue
- Two thirds of businesses intend to make process efficiency improvements to help tackle rising energy costs
- 52% said they have increased inventory levels to overcome supply chain challenges, despite more than a third reporting cancelled or delayed orders from their customers
What else is included in this report?
As well as recent and future ‘Core Trends’ (sales, profit, staff numbers, and capital investments), this report features some positive aspirations from SME manufacturing business leaders. We are also pleased to share good news stories from a number of responding businesses, once again highlighting the creativity and innovation of UK manufacturing…
