So, how will 2011 turn out for UK manufacturing?
The Institute of Operations Management reports that “according to the international survey of senior executives, 60% of UK manufacturers predict they will increase business activity during 2011, prompted by the weakening pound and rising export activity, with one in three expecting to recruit new workers over the period.”
On the same website,Â Gautam Dalal, KPMG UK head of diversified industrials, said that flexibility and the ability to adapt to changes in market conditions will prove increasingly important.
And this is really something we have noticed at LCM Systems. 2010 was a great year for us. We were consistently winning orders from much larger organsiations who just didn’t have the flexibility to adapt to the needs of the customer. Products that can be manufactured for individual requirements that are high quality and can be delivered on time and within budget are key to success when budgets are tight.
Hopefully we will see world economies grow this year and it will be a successful time for us all.
Happy New Year!