25 posts categorised "Manufacturing"

11 September 2018

Why manufacturers must take their existing workforce with them as they advance to Industry 4.0

By Cara Haffey As manufacturers digitise their value chains from supplier to customer – a transformation widely termed “Industry 4.0” – they’re undertaking fundamental shifts in how and where they operate and transforming what it is they offer their customers in the process. These changes are driven partly by technology...

01 June 2018

Drones revolution could lift construction and manufacturing sector to new heights

By Rob Walker, Engineering and Construction leader in the UK While drones are already providing cheap and efficient ways to map a number of construction sites, tracking the process against schedule and original design, new research from PwC predicts their use could rapidly rise across both the construction and manufacturing...

31 May 2018

For UK manufacturers, realising the full value of the digital supply chain will require a new strategy and more collaborative culture

By Jens Wunderlin For manufacturers based in here the UK, the findings of PwC’s Global Digital Operations Study 2018 bring major cause for concern. The study is the largest of its kind to date, based on responses from 1,155 senior executives in industrial products companies in 26 countries, including 72...

22 March 2018

Manufacturing outlook on the up as automation takes hold - UKEO

By Cara Haffey The latest UK Economic Outlook has an interesting focus on industry and automation with the view that by the mid-2030s, over 40% of existing jobs in the UK retail and wholesale sector could potentially be impacted by automation. A move that conversely, is likely to reduce prices...

12 March 2018

How a strategic and capabilities-focused approach to cost can get Industrial Manufacturing & Services companies fit for growth

By Ross Elliott In my conversations with sectors within the Industrial Manufacturing & Services (IM&S) industry, cost reduction invariably emerges as a key focus. This is hardly surprising, given the constant cost pressures facing the sector and the need to drive efficiency and competitiveness to ever higher levels. In most...

10 January 2017

Digital in Manufacturing - Collaboration realized

Today, digital technologies are creating new ways for manufacturers to deliver value. Those able to leverage ubiquitous data in meaningful ways across product development, sales and operations; across devices; and with customers are developing new models of collaboration. Whether you refer to this as Industry 4.0, the possibilities are endless....

16 December 2016

Industry 4.0: a CEO's perspective

Industry 4.0: what does it mean to your business? We asked a leading CEO As part of filming for this year's upcoming CEO survey, we asked Nigel Stein, CEO of GKN his thoughts on Industry 4.0. Look out for more CEO survey films on 16 January 2017.'

09 December 2016

Industry 4.0 and British Manufacturing: Our opportunity to innovate

By Cara Haffey Industry 4.0, otherwise known as the 4th industrial revolution, previously thought to be coming, is now well underway! We've seen other industrial revolutions, but the speed of change in this one is phenomenal. Staying ahead of rapid change and staying innovative will be key for UK businesses...

25 August 2016

How to manufacture a positive outcome through the fog of Brexit

By Rob Banham Following Brexit, the only certainty is uncertainty. But that does not mean manufacturing businesses should sit tight and wait for the picture to emerge. Given the real risks the short-term impact brings, doing nothing is simply not an option. This is not just an opportunity for growth...

04 July 2016

A week on; what should manufacturers be thinking in relation to Brexit?

By Cara Haffey The past week has proven one thing for UK manufacturers; the only certainty is uncertainty. In the short term, opportunities rather than threats may now exist due to the movement in exchange rates. UK exports have become significantly cheaper and the competitive advantage this offers is something...

31 May 2016

How new technologies will drive productivity in the Business Services and manufacturing sectors: our latest UK economic outlook through an industry lens

by Cara Haffey and Kate Wolstenholme Our UK Economic Outlook report predicts that employment is set to grow by around three million over the next decade, with the total number of jobs reaching almost 37 million by 2025. One of the biggest drivers of this will be business services, with...

25 May 2016

If your manufacturing business is an “accidental landlord”, beware: you could be missing out on value – or overlooking hidden risks

By Tom Wheldon If you were asked what type of companies act as commercial and industrial landlords for the majority of UK property, what would your reply be? The logical response would be major property companies. But you’d be wrong. In fact, most industrial property in the UK is owned...

13 May 2016

Time for a “virtual reality check”: why manufacturers need to catch the startup mindset – and be ready to fail fast to get ahead of the curve

By Jeremy Dalton and Mark Crawford Recently, our colleagues in the US surveyed 120 US manufacturers for their Disruptive Manufacturing Innovations Survey, sounding out their views on augmented reality (AR) and virtual reality (VR) technologies. As the chart shows, their responses were informative to say the least. Only one-third said...

31 March 2016

Five front-of-mind issues for manufacturers in an uncertain and changing world

By Mark Couttie A few weeks ago, we at Strategy& published our latest annual Industrial Manufacturing Trends. It’s provided fertile ground for conversations with manufacturing CEOs, with our core message – that despite market uncertainty, manufacturers must weather the risk that comes with embracing new technologies – resonating with everyone...

24 February 2016

Bridging the Gap: a look at our 2015 Working Capital Survey for the Industrial Manufacturing sector

By Daniel Windaus Industrial manufacturing companies benefitted from significant growth last year. The sector remains one of the most capital intensive and future growth will require significance cash and investment to sustain it. We know manufacturing leaders are finding the decisions on where to invest their capital wisely very challenging....

12 February 2016

In an age of uncertainty, manufacturers are adapting to a multi-polar world, focusing on customer – a look at the 19th Annual CEO Survey

Cara Haffey UK manufacturing growth increased last month driven by the domestic market – exports however, fell. So it’s timely that the Industrial Manufacturing industry findings from PwC’s 19th Annual Global CEO Survey have just been released. They reveal that worries about the global economy are putting pressure on short-term...

06 November 2015

When does a component become a system, and when does a system become a solution?

Cara Haffey What has been coined as Industry 4.0 is transforming the manufacturing industry. Driven by digital innovation, it’s not just the way products are being made that’s changing. It’s how they’re being used. As engineering and technology become increasingly indivisible, the emphasis is on developing connected components that come...

23 July 2015

Looking inside for a new approach to boosting skills and productivity

By Paul Sloman, Mark Jamieson, and Emma Haggerty The UK economy’s return to stronger growth and in particular the renewed vigour of the manufacturing sector are both welcome developments. But growth also brings its challenges. Engineering-led businesses that have until relatively recently been focusing hard on managing their costs now...

29 June 2015

Mid-market company or SME seeking debt finance? It’s time to look at alternatives beyond the banks

By Matthew Warrilow In March this year, amid the fanfare of his final Budget before the general election, George Osborne made a little-noticed announcement about a change to the rules on ISAs. From the autumn of 2015, the range of investments eligible for inclusion in a stock and shares ISA...

08 May 2015

The many layers of 3D printing - what’s the reality for industrial manufacturing?

By David Mildren The possibilities raised by 3D printing have clearly captured the imagination of the public and the press. While speculation about what the technology’s impacts could be ranges from the wildly improbable (eg the death of factories) to the near-miraculous (eg printed human organs), there’s no doubt that...