Advanced Manufacturing
British manufacturers get serious about sustainability
Updated on Thursday 25 June 2020, 11:42 AM
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Sage, the market leader in cloud business management solutions, today launches a report into the UK manufacturing sector. The results reveal how advanced the nation’s manufacturing sector is, compared to global counterparts, in adopting new processes and thinking to drive growth.
The Sage ‘Discrete Manufacturing in a Changing World’ report, found that adopting circular economy and servitisation strategies are critical in driving new revenue and profitability opportunities for discrete manufacturers.
- Global research reveals Britain can become the World’s fifth largest manufacturer by 2021
- 66% of UK manufacturers have implemented a servitisation strategy to meet sustainability goals – more than double the number of North American manufacturers (28%)
- 79% of manufacturers impacted by green manufacturing trends have adopted a circular economy strategy
Read the full report and findings here: https://www.sage.com/en-gb/cp/idgreport/
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