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News Release from: The Manufacturing Institute
Edited by the Manufacturingtalk Editorial
Team on 27 April 2004
Millions saved in productivity boost in
NW UK
manufacturing New figures released show that North West manufacturers have amassed a total of GBP 15.2 million in cost savings through the support of The M
New figures released show that North West manufacturers have amassed a total of GBP 15.2 million in cost savings through the support of The Manufacturing Institute in just two years The Institute is one of ten regional centres set up as part of the national Manufacturing Advisory Service (MAS) to help manufacturers raise productivity and competitiveness
This article was originally published on Manufacturingtalk on 28 Jul 2003 at 8.00am (UK)
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The Manufacturing Institute has been delivering the service in the North West since April 2002 and has achieved the greatest productivity impact so far.
Key benefits of MAS support from the Institute have included: a.
Providing an average added value of almost GBP 250,000 to every company assisted in the North West - compared with the national MAS average of GBP 104,000 b.
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Working with 892 companies in the region to provide a free diagnostic 'health check' c.
Carrying out a total number of 128 productivity improvement projects in the North West to help companies adopt lean manufacturing principles relating to quality, cost and delivery d.
Responding to over 4000 enquiries from firms seeking advice during the past 12 months alone The Manufacturing Institute's chief executive Julie Madigan said: "These figures recognise the commitment of North West manufacturers to improving their performance and sustaining competitive advantage.
"These productivity improvements will continue to grow as awareness of our MAS service spreads across the region.
We will also undoubtedly be seeing significant gains through our 'Agenda for Change' programme, which will increase the numbers, scope and duration of MAS projects still further." Industry Minister, Jacqui Smith, launched the GBP 18m 'Agenda for Change' in October 2003.
The three-year action programme is designed to boost North West manufacturing productivity by a further GBP 50m and is supported by the Northwest Development Agency (NWDA).
The NWDA also appointed The Manufacturing Institute as the UK's first Regional Centre for Manufacturing Excellence (RCME) in April 2002.
The Agenda for Change programme will address key issues relating to process improvement, investment, innovation, skills development, recruitment to manufacturing, as well as helping develop a more positive image for manufacturing and the achievements of the sector in the North West.
The results reported by The Manufacturing Institute coincide with the launch this week of the second MAS annual report by DTI.
This report confirms MAS has delivered a total added value of GBP 39m to manufacturing firms in England and Wales to December 2003, compared to GBP 5m the previous year.
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