Custom Homework Questions on uk manufacturing
1. What is the status quo of the UK manufacturing?
UK has 17% global market share (largest in Europe)
This industry contributes about £11.4 billion to the UK’s GDP Turnover: £24.2 billion (2011)
(Title: The Aerospace Industry, Author: John Bardens and Chris Rhodes, Last Updated: 20 November 2012)
makes 1.58 million cars and commercial vehicles annually
Turnover: £59 billion
10% of total UK exports
7 volume car manufacturers, 8 commercial vehicle, 11 bus & coach, more than 10 major premium & sports vehicle manufacturers and 2,350 component manufacturers (Title: UK Trade & Investment, Author: Joe Greenwell and Lawrence Davies, Date: October 2013) (http://www.oesa.org/Doc-Vault/Industry-Information-Analysis/UKTI-AIO-US-Presentation-Oct-2013.pdf )
The share (2010 ): £55 billion (2% of global revenue (13% of EU), which makes the UK the fourth largest producer of chemicals within the EU after Germany, France and Italy approximately a 16% share of UK manufacturer sales
Equivalent to 1.4% of GDP
the UK contributes 5.1% of global exports and 7.4% to the global pharmaceutical exports (Title: Chemicals, Author: Office of National Statistics, published: Q4 2010) (Title: The chemical in the UK- market and climate change challenges, Author: Dr Paul Gilbert, Dr Mirjam Roeder & DrPatricia Thornley, Date: May 2013)
contributes almost £90 billion to the UK economy
comprises over 280,000 businesses covering some 2.93 million jobs (10% total UK manufacturing) Trade surplus of UK exports in construction contracting: £590 million (2011) Trade surplus of UK exports in architecture and quantity surveying services: £530 million (2011) (Title: UK Construction – An economic analysis of the sector, Author: Department for Business, Innovation and Skills, Date: July 2013)
Annual turnover: £35 billion
UK’s position in the world as a defence exporter: second (behind US) Employs 300,000 people in this industry
Worth £78bn a year
The fifth largest in term of production in the world
Employ over 850,000 people (2.9% of UK workforce)
(Title: Sector Information, Author: NMI)
Food & Drink Industry
The UK’s largest manufacturing industry
Turnover: £76.7 billion (2012) (16% total manufacturing sector) Employ 400,000 people (15% manufacturing workforce in UK)
Export over £12 billion of Food and non-alcoholic drink products a year (Title: Food & Drink Manufacturing: The UK’s largest manufacturing industry, Author: The Food and Drink Federation Organization) https://www.fdf.org.uk/appg/documents/APPG_flyer.pdf
Annual sales turnover: £9 billion
Employ approximately 180,000 people
Exported £6.7 billion of plastic and plastics products (2011) 7,500 firms in this industry
2. What are the competitive environment facing UK manufacturers?
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/31785/10-1333-manufacturing-in-the-UK-an-economic-analysis-of-the-sector.pdf The impact of globalization:
Competition not only in domestic but also in international markets is intensified. Facing competition from other leading countries such as US, France, Germany and so on Competition from emerging markets (Brazil, Russia, India and China) http://www.civitas.org.uk/economy/Manufacturingfactsheet.pdf
Humphreys, P. K., McAleer, W. E. and McIvor, R. T. (2005). New roles for twenty-first century manufacturing, Proceedings of the Institution of Mechanical Engineers, Journal of Engineering Manufacture; vol. 213, 3: pp. 215-224 Ainscough, M. & Yazdani, B. (2000). Concurrent Engineering within British Industry, Concurrent Engineering, vol. 8, 1: pp. 2-1 3. What theoretical models in the literature could enlighten the analysis?
4. What will be the impact of falling manufacturing in terms of social, cultural, economic, and political, etc.?
Decrease natural resources for industrial use
Social environmental awareness
5. What strategic actions should UK manufacturers take to cope with the situation? Support manufacturing skills
Solve problems as well as difficulties of companies by the wide range of support
Originally posted 2017-09-26 12:05:31.