Reshoring UK is the unique collaboration of leading industrial engineering associations and Manufacturing Catapults, led by the GTMA, to support both UK and inward investment companies to find trusted accredited suppliers.
With support and funding by Innovate UK, a web-enabled Manufacturing Tier 3 Resource Database and Search Tool has been developed for the Reshoring UK website, www.reshoringuk.co.uk
The new website, as you can see in our report on page 6, is a big step forward and delivers a significantly enhanced ‘ease of use’ for manufacturing companies to source supply chain partners, particularly in the lower tiers.
Currently, UK manufacturing directly employs 2.7 million people, and accounts for nearly half of our exports. The success of our Automotive Sector, which directly employs an estimated 170,000 and 80,000 in the UK supply chain, is worth around £72 billion each year.
There are over 2,000 automotive suppliers in the UK, including 18 of the world’s top 20. The opportunities for this sector alone is significant to consider the advantages of sourcing component manufacturing suppliers in the UK and the need to find them!
Boeing is investing in the UK to produce high tech components to enhance production efficiency and reduce costs in the Aerospace supply chain. The sector employs over 128,000 direct staff with a further 140,000 in support roles, and is worth £31 billion annually having grown by 40 per cent since 2010.
The UK Electronics industry employs over 800,000 and 95 per cent of the 6,000 companies are SMEs generating around £80 billion pa.
The UK is the world’s second largest defence exporter behind the US, generating an average of £7,7bn for the UK every year, growing nearly 20 per cent each year since 2010. Annual turnover is £24 billion with 142,000 direct employees with the same number of indirect jobs in over 9,000 companies, including SMEs, in the UK.”
The Reshoring UK website technology will maximise the value of the data available for industry by directly addressing the objectives of the Reshoring UK programme. It will provide deeper visibility for the UK’s engineering skills across Tier 3 suppliers and will map a connected network of suppliers for manufacturers.