A recent survey in The Engineer reported that 59% of correspondents think that bringing manufacturing elements of the Supply Chain back to the UK (#reshoring) should be a priority following the Covid19 Pandemic outbreak.
There are some really good points made in the comments section & following Britain’s exit from the EEC there is no reason why this should not be Government policy, even stimulated by official Government subsidies – but should it ?
There is no denying that ever since the late 1970’s Britains manufacturing base has shrunk from around 32% to 10% of GDP – but does this matter ?
To anyone who has been involved in Engineering & Manufacturing over the last 30 years & who has seen millions of good quality skilled & relatively secure jobs migrate to China & Asia to be replaced by insecure temporary low paying ‘gig economy’ roles the answer has to be ‘yes’
However we also need to remember this shocking decline was also due to a certain amount of complacency in British Manufacturing as a result of poor Management, sloppy working practices & shoddy quality.
Rebalancing the Economy by encouraging high quality Manufacturing supported by competent Management & Customer focussed Quality Management sounds like a positive move indeed.