Manufacturing Survey 2015: Suppliers look to reshore more work – The Business Desk

THE manufacturing supply chain has encountered many problems over the past decade and not all businesses have been skilful enough to survive.The rise of high volume, low-cost manufacturing in the emerging markets of China and the Far East has decimated the industrial landscape as original equipment manufacturers (OEMs) looked to protect their bottom line by sourcing components as cheaply as they could.However, British companies have been fighting back of late and slowly the tide of cheap components flooding into the UK is turning. ……for the full story register now for free or login below…