Britain once had the highest manufacturing productivity in Europe - but now, its annual productivity growth rate has plummeted from an average 2.3% to 0.4% over the last decade alone. What simple strategy could restore the pre-eminence of British manufacturing?
Resource efficiency could be key to manufacturers’ success – image courtesy of Depositphotos. UK manufacturers are being told that increasing productivity through investment in automation and new 4IR technology is the key to unlocking competitive advantage. While technology is certainly an extremely valid option, new research indicates it is by no…
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