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Manufacturing Strategy 2002/2004

In 2002 we published a strategy for UK manufacturing industry. This identified seven critical success factors:

• Macroeconomic Stability – allowing businesses to plan for the long-term;
• Investment – supporting investment in capital equipment and processes, leading edge technology, skills development, and Research and Development;
• Science and Innovation – helping manufacturers exploit the UK’s strong science base to create innovative, high value products;
• Best Practice – helping companies to raise productivity through continuous improvement and lean manufacturing techniques;
• Skills and Education – supporting the development of a skilled and flexible manufacturing workforce;
• Modern Infrastructure – providing effective transport and communications networks;
• Right Market Framework – providing the supportive business environment that manufacturing needs to compete globally.

Following the review of the strategy in 2004 the Government expanded the role of the Manufacturing Advisory Service (MAS) which has helped thousands of businesses compete in existing and new markets and is available across all regions of the UK. Businesses that have followed the free or subsidised advice of MAS have saved over £500 million by improving their efficiency and effectiveness through the introduction of lean manufacturing techniques. The Government also introduced National Skills Academies, including the National Skills Academy for Manufacturing, and established the Technology Strategy Board to invest in new technologies and innovations for the benefit of business, which is key to such an R&D intensive sector.