Over at the Glass industry’s leading trade journal Glass Times, we learn that the Construction Products Association Q1 report for 2017 has highlighted further growth in construction manufacturing for Q12017.
This makes four years of consecutive growth, a great performance, given the input cost pressures manufacturers have been subject to, particularly over the last nine months.
It is the heavy side manufacturers whom have been most vulnerable to Sterling fluctuations – 93% of them have reported a rise in raw material costs and 69% are reporting higher prices for fuel and energy. Despite this, they were optimistic about their pipeline of sales, which implies that the pressures of rising costs are being actively managed.
This comes as no surprise to us; after all the manufacturing sector is a large customer base for us. We help hundreds of manufacturing organisations to manage supply chain costs and generate tangible financial savings to be used elsewhere in the organisation.
For more information about how our team of experts can help you to keep your input costs low and remain competitive in a challenging market, please contact us.
Article by: Steve Stringer