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Access to talent ''central to manufacturing competitiveness''

15 September 2010
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Access to talent ''central to manufacturing competitiveness''Ensuring a ready supply of talented employees who can help to drive forward innovation is a must for the manufacturing industry to remain competitive, it has been claimed.

This is the conclusion reached by a new study, which places the UK 17th in a global index led by China, India and Korea.

According to the report by Deloitte and the US Council on Competitiveness, skilled workers are the key to production success, ahead of traditional factors such as labor and materials costs, energy, infrastructure and tax systems.

The research indicates that the UK could drop down to 20th place in the next five years, with the sector expected to be dominated by India and China, while nations such as Brazil, Russia, Poland and Mexico are expected to witness manufacturing gains.

A poll of over 400 senior industry staff was conducted, those concerned with improving manufacturing processes may be interested to learn.

Deloitte Touche Tohmatsu chief executive James Quigley stated: "A strong manufacturing sector is a crucial component of a country's intellectual capital, innovation capacity and economic prosperity."

UK official figures revealed recently that the index of production climbed by 1.9 per cent in July to stand 4.9 per cent higher year-on-year, with output up in nine out of 13 industry sub-sectors.ADNFCR-3058-ID-800066638-ADNFCR
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