By Bob Rae Business Editor Published on Thursday 16 August 2012 09:08
Manufacturers are increasingly bringing production back in house or looking for local suppliers as they seek more secure sources of supply.
According to a new survey by the manufacturers’ organisation, the EEF, the recession and recent natural disasters have made UK firms increasingly wary of sourcing components from abroad.
The EEF survey comes not long after new research by bankers Barclays that shows manufacturers have become increasingly afraid that the risks of global trade outweigh the opportunities.
EEF regional director Andy Tüscher said: “Supply chains have become increasingly globalised for manufacturers……..(click below to read the rest of the article)
Source Article from http://www.thestar.co.uk/news/business/manufacturers-seek-sources-closer-to-home-1-4836776
