Manufacturing Operations Management Talk

Government, Academia, and Business Working Together

The UK government published a Review of Engineering Skills documenting what the government has done, what it is doing and what it plans to do to strengthen engineering skills in the UK. It sets out plans to work with partners in education and industry to improve the quantity and quality of education for engineering.

There is also a call on employers and education professionals to get involved in these government programs and inspire the next generation of engineers. The idea is to create partnerships between education, enterprise and government and work together on solutions to promote business growth.

Always good to look around beyond our walls...

link to more information:
https://www.gov.uk/government/news/employers-educators-and-engineering-professionals-called-on-to-encourage-more-people-into-engineering-careers

Nice to See Better Trends in Manufacturing Outlook

Optimism among U.S. industrial manufacturers regarding the global economic outlook reached the highest level since the first quarter of 2012, according to the Q3 2013 Manufacturing Barometer, released today by PwC US. In the third quarter of 2013, 40 percent of respondents expressed optimism regarding the world economy for the next 12 months, up from 31 percent in the prior quarter and 29 percent from the third quarter of 2012.

Reflecting the healthy level of optimism pertaining to the domestic economy, 82 percent of U.S. industrial manufacturers surveyed expect positive revenue growth for their own companies in the next 12 months, with only two percent forecasting negative growth. The projected average revenue growth rate over the next 12 months remained moderate at 4.2 percent, down from 4.6 percent in the second quarter and last year’s third quarter. Only seven percent forecast double-digit growth, while 75 percent expect single digit growth.

Full story at:

http://themanufacturingconnection.com/2013/10/optimism-world-economic-outlook-improves-among-u-s-industrial-manufacturers/#!