Logo Top Home  About the Institution of Operations Management  Contact Us  Shopping Basket  Member Login  Forum 
Institute of Operations Management
Membership Education and Training Events Learning Resources Journal and News Members Only
 
Search Options
Click here to Search the Website
Join the IOM Today
Find us on LinkedIn
Read about APICS
Operations Management News RSS feed Why not subscribe to our RSS feed of IOM News?

Manufacturing activity ''continues to outpace expectations''

9 March 2011
Add to: Digg Add to: Del.icio.us Add to: Facebook Add to: Furl Add to: Google Add to: Live Spaces Add to: MySpace Add to: StumbleUpon Add to: Twitter
Manufacturing activity ''continues to outpace expectations''The first quarter of 2011 is seeing manufacturing activity in the UK exceed expectations once again, a new report suggests.

Research by BDO and EEF, the manufacturers' organisation shows exports are continuing to drive expansion of the industry, with firms continuing to hire new employees and invest in their operations.

According to the study, strong growth in the sector has been maintained and output and new orders are expected to hold up during the second three months of the year.

However, the organisations warned those in manufacturing management that price pressures on the industry are building and concerns about accessing finance and the stability of the recovery could affect expansion.

"The outlook for the rest of 2011 still remains uncertain as a number of economic headwinds persist and new geopolitical tensions add another layer of uncertainty to economic forecasts," EEF chief economist Lee Hopley stated.

In the latest Purchasing Managers' Index for manufacturing, Markit and CIPS indicated record rates of growth in the sector continued during February 2011.ADNFCR-3058-ID-800451191-ADNFCR
Bookmark this Article Link to this Article Subscribe to the IOM Newsletter Send this Article to a Friend/Colleague

Related News

Awards honour health and safety continuous improvement
21 May 2012
Health and safety continuous improvement policies have been rewarded with prizes at the RoSPA Occupational Health and Safety Awards 2012.
Manufacturers ''need practical support''
16 May 2012
A majority of manufacturers are uncertain the government has the right strategies for growth in the sector.
Manufacturers ''need practical support''
16 May 2012
A majority of manufacturers are uncertain the government has the right strategies for growth in the sector.
Sheffield manufacturer honoured for continuous improvement
15 May 2012
An equipment firm in Sheffield has received an award for its operations management and business gains.

Link To This Article

Copy and Paste the following HTML into your page.
 
The Institute of Operations Management, CILT(UK), Earlstrees Court, Earlstrees Road, Corby, Northants NN17 4AX.
Tel: 01536 740105. Fax: 01536 740101. Email: info@iomnet.org.uk
    © 2012, The Institute of Operations Management.     Help |  Site Map |  Legal Disclaimer |  Privacy Policy Designed By ZARR