A lack of raw materials, rising transport costs and recruitment challenges are set to stall SME manufacturers' recovery, according to a new report out today.
The Manufacturing Barometer, which is run by SWMAS (South West Manufacturing Advisory Service) and supported by the Manufacturing Growth Programme (MGP), reveals that 96% of UK SME manufacturers are struggling with price changes within their supply chain. Firms believe that said price changes are being driven by a lack of available raw materials (94%), rising…
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