Too much time lost sourcing industrial supplies

Based on a new survey of stakeholders working across the UK subcontract manufacturing industry, commissioned by MSC Industrial Supply, 58% have limited or no capacity to take on more work, while a further 28% are operating at +50% capacity. Notably, according to ‘The Subcon Report: What next for the backbone of British industry?’, significant time is lost dealing with a volatile supply chain. Some 77% of subcontractors are spending up to 4 hours a week sourcing industrial supplies, and 75% of those surveyed have to deal with as many as five different industrial suppliers. Read the full report at the link below.
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