While Industry 4.0 is all about automation and digitisation, the future of manufacturing is in personalisation. Manufacturing 5-0, or the Fifth Industrial Revolution, will focus on the co-operation between humans and robots. Although the focus remains on automation and advanced manufacturing, the human element is more important than ever. We’ll take a closer look at what this means for manufacturing but first, let’s recap our journey up to now. Continue reading
The latest monthly CBI Industrial Trends Survey reports that UK Manufacturing output looks promising. They suggest that output has increased strongly and faster since the end of 2017. According to CBI, growth was broad-based, with output increasing in 14 out of 17 sub-sectors. Among the top performers are food, drink and tobacco and mechanical engineering.
Total order books show similar, healthy levels resembling that of December 2017. Exports remained stable, well above average and in line with the past 16 months. Output price expectations for inflation softened to the weakest in almost a year while stock levels moved below average. It hasn’t been smooth sailing as the UK Manufacturing sector faced some serious challenges.
While the CBI believes manufacturers will continue to benefit from robust external demand and the lower exchange rate, overall economic growth is expected to remain subdued. This comes as a result of weak consumer income growth and the continuous uncertainty stemming investments. Continue reading
UK Manufacturing has continued its upward trend and toward the end of 2017, was named the eighth largest manufacturer by output in the world. This came less than one year after claiming ninth spot. Reports from EEF and Santander shows the nation’s annual output is worth nearly $250bn. If this current growth continues, UK Manufacturing could be in the top five as early as 2020. Continue reading
Unlike some industries, UK manufacturing has grown to new heights throughout November and has defied all odds. Industries performing particularly well include the automotive sector, the steel industry and shipbuilding.
Overall, production is on the rise to the highest it’s been in four years; new territories with a significant increase in exports along with the highest employment growth in over three years. And according to a report from the Office for National Statistics (ONS), the UK’s industrial sector has increased by Continue reading
The construction industry along with the architectural engineering are possibly two of the toughest marketplaces in the world. Fabrication projects are often both complex and demanding where the final product must have high integrity and capable of withstanding nearly anything. It’s also no secret that modern manufacturing and engineering have changed considerably in recent years. Companies now find themselves under pressure to rapidly introduce new products, adapt to local market conditions and improve quality, cost and efficiency.
We can agree that one of the main elements of any fabrication project is cost. And by cost, we refer to Continue reading