The Future of Manufacturing: Taking a global perspective

The Future of Manufacturing: Taking a global perspective
Download Download The Future of Manufacturing: Taking a global perspective (87kb)
There is a widespread belief in many high-wage countries, that “we don’t make anything anymore”. According to this myth all manufacturing has either moved to China already, or soon will, with the rest of the world becoming purely service economies. This is not the case, as a report just published by PwC UK illustrates. Manufacturing is a global industry, and following a period of increased consolidation, many globally competitive manufacturing companies have operations or headquarters in the UK, while others are directly impacted by events in the UK market as competitors, customers, or suppliers. Many of the issues faced by the UK manufacturing sector are found in similar high-wage, western economies. The PwC report, The Future of UK Manufacturing, raises several questions which make it essential reading beyond UK shores. We have produced a global introduction to the report which explains its importance to global manufacturers across the Industrial Products sectors.