UK SME manufacturers losing their creative spark

Posted on 17 Aug 2016 by Jonny Williamson

Small and medium-sized UK manufacturing businesses are finding it increasingly difficult to design new products for their customers, citing innovation as a key challenge for the industry as a whole. This is the key finding of this year’s SME Barometer Research commissioned by Exact.

According to Exact, it’s not surprising that SME manufacturers are struggling to keep pace when the past year has seen the sector grow at one of its fastest rates and companies are under continued pressure to stay ahead of the curve. Last year’s barometer revealed that the need to design new products at an ever-increasing pace…

This content is for subscribers only. Subscribe now for free to read the full article.