Thursday, July 9, 2020

Survey seeks SME manufacturers to gauge pandemic impact on industry

SME manufacturers are being encouraged to take part in a major survey detailing the impact of the Covid-19 pandemic on industry.

The Manufacturing Barometer, conducted by South West Manufacturing Advisory Service (SWMAS) and the Manufacturing Growth Programme (MGP), went live today and is inviting companies to highlight the issues they are facing and the support they need to overcome them.

Companies are being asked to highlight changes in production volumes, difficulties in retaining employees, supply chain disruption and any major ‘pivots’ they are doing to supply new markets, including answering the call for more medical equipment.

They will also be given the opportunity to give their thoughts on existing business support packages, whilst identifying other areas of assistance they may require, such as cashflow, HR advice and skills retention.

“Big businesses have their voice, but in these unprecedented times it is important that we give SMEs a platform to have their say on the current Coronavirus crisis,” said Simon Howes from SWMAS.

“Our quarterly Manufacturing Barometer, the largest survey of its type in England, gives them this exact chance and we are looking for hundreds of firms to take part before it closes on Friday 17th April.”

He added: “The information will be communicated directly to Government so will hopefully inform future policy and support as we continue to get to grips with Covid-19 and its wide-reaching ramifications.”

The Manufacturing Barometer will be showcasing initial findings on Thursday April 2nd and then again at the end of the month to highlight how SME manufacturers are adapting and the ongoing challenges/opportunities they are facing.

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