UK manufacturing in a strong position despite Brexit uncertainty
06 Jan 2017
Since the result of the Brexit vote in June, it’s fair to say things have been a little uncertain in the economy.
Despite this uncertainty the FTSE showed a strong start at the beginning of this year. In manufacturing, the Purchasing Manager’s Index (PMI) score hit 56.1 last month which indicates strong growth in the sector. The weak pound makes the UK more attractive to buy from which is good news for UK manufacturing.
However, with an unstable economy, it can be difficult for electronics manufacturers to forecast accurately for new builds. This uncertainty can lead to a surplus of electronic components which cannot be returned, meaning excess stock is left to gather dust tying up essential cash flow.
CCL provide excess inventory management solutions for electronics manufacturers all over the world and with 20 years’ experience in the industry our team deals with these situations daily.
During 2016 we continued to grow, increasing turnover and team members and enjoyed another successful exhibition at Electronica in Germany. In 2017 we are looking forward to celebrating our 20th year working with customers old and new to deliver the best return on excess inventory in a stress-free way.
Send your excess list to Lauren Costello-Fox - firstname.lastname@example.org for a fast appraisal.