The UK is currently the eleventh largest manufacturing nation in the world with manufacturing making up around 10% of UK GVA and employing some 2.6 million people. This highly significant sector of the economy faces numerous challenges as manufacturers try to keep pace with rapid technological change brought about by Industry 4.0 and the move towards digital manufacturing with the growing use of sensor technology, data analytics and robotics to drive efficiencies and improve productivity.
These same challenges also represent big opportunities for those manufacturers who are able to embrace the new technologies to develop new products and find better ways of making things to give them a real competitive advantage.
Manufacturers today face many other issues including shortages in skilled labour, the uncertainty posed by Brexit, increasing overseas competition, the need to build a robust supply chain, a growing regulatory burden and the availability of finance.
Whatever the nature of your manufacturing business, the breadth of legal matters that you are likely to come across is huge and in today’s trading environment the importance of those advising manufacturers having sector knowledge is becoming ever more important.
Our national team is experienced in providing legal services for manufacturers on the issues that affect their businesses from day to day. By meeting regularly with our clients in the sector across the UK as well as attending manufacturing conferences and other sector events we ensure that we are familiar with the market in which they operate and this helps us to provide them with pragmatic, commercially focused advice.