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Small manufacturers ''may lead UK out of recession''
10 February 2010
The sector that could be responsible for leading the UK''s recovery from the economic downturn may by small manufacturers, it has been forecast.
According to an article published in the Independent, a return to gross domestic product growth in the last three months of 2009 could boost production, particularly among "small, agile" companies.
The news source noted that the latest purchasing managers'' index pointed to strong growth in manufacturing, with activity rising for eight months in a row and calls growing for a "rebalancing" of the UK''s economy.
An examination of a firm using operations management to boost its profits was included in the feature, with the Versatile Flooring Company in Luton introducing new and advanced production techniques to reduce energy usage and rejection rates.
Individuals considering taking a CPIM exam may be interested to note that the UK''s manufacturing index rose at its fastest rate in 15 years this January to 56.7, with any figure above 50 indicating growth in activity.
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