More than 60 percent of professionals in the UK manufacturing industry expect the sector to recover from the coronavirus pandemic and return to business as usual by mid-2021, according to a new survey by SteelScout.
However, they highlighted issues in the wider supply chain which might impact the recovery, with almost 30 percent unable to access the materials they need and 36 percent adding that it is taking longer just to receive a “winning quote”.
One key driver behind the confidence in recovery is that 62 percent of respondents reported having orders waiting to be fulfilled once lockdown rules have eased. [Read more…] about Manufacturing industry ‘optimistic’ about post-pandemic recovery