Accountants PricewaterhouseCooper's say the manufacturing industry is emerging from recession in better shape than when entering it.
Firms surveyed by PwC have reported improvements to working capital of up to 15% and gross margin increases of 1.5% due to the cost saving initiatives and efficiency measures they have taken in response to the downturn. The accountants say firms have made workforces more flexible by upskilling and have streamlined headcounts by an average…
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