27/02/2024
'Advanced manufacturing’ is becoming an integral tool in the increasingly competitive global race for productivity growth, i.e. the ability to produce more with less, but coming with it are often stereotypes that the term just refers to cutting-edge products with futuristic functionalities made only by major multinationals or multi-billion pound start-ups.
While new products will always be important for company sales, this focus risks overlooking the true revolution taking place within the UK manufacturing sector, and the development and adoption of numerous new manufacturing processes, from cloud software, Generative AI and the Internet of Things (IoT) to robots, cobots and 3D printing.
Make UK’s latest report - Beyond Ambition: Advanced Manufacturing – busts these stereotypes as it delves into those key technologies and strategies driving advances in UK manufacturing, exploring how they can empower firms of all sizes to become ‘advanced manufacturers.’
By focusing not just on what they make, but how they make it, firms can achieve dramatic productivity gains, boost environmental sustainability, and increase their balance-sheet profitability – to not only survive but thrive in the face of a rapidly evolving global market.