Cranfield University is charting the nation’s reshoring capability ahead of its National Manufacturing Debate next month.
Reshoring is increasing in UK manufacturing, driven by shifting consumer preferences; a reduction of the wage gap with emerging economics; volatile international transport costs, and a desire by management to better control quality and supply chain risks.
One in six British companies has reshored production in the past three years, according to a study of more than 300 businesses by the EEF.
In the run up to its National Manufacturing Debate – taking place at Cranfield University on May 20; the institution is examining the historic and current situation with reshoring to the UK and the national capability to sustain the production returning to the nation’s shores.
The project has a number of additional aims, including identifying the issues facing companies considering reshoring and those who have already; the political, social, environmental and economic impact of reshoring; the UK national capability versus that of the US, and what is required for sustainable reshoring.
To that end, Cranfield has put together a survey to obtain manufacturer’s view on the factors affecting their reshoring decisions.
The results of the survey will collated, analysed, and presented in a white paper – UK Reshoring Capability – to be launched at the NMD.