
Where next for engineering and construction?
While the short term effects of the pandemic will be keenly felt by the engineering and construction industry, it must also be aware of any potentially transformative medium and longer term impact.
Industrial manufacturing has responded to the immediate challenge of keeping open the supply of Vital goods and services. The sector as a whole employees 2.5 million people across the UK, relies on global supply chains and faces the challenge of adapting facilities and processes to new working restrictions and varying customer demand
Not only is the impact of COVID-19 strongly felt, so too are the measures taken to mitigate its spread – restricted trade routes, limited travel, and social distancing measures.
But despite the challenges of the current situation, industrial manufacturing has a rare opportunity to adapt, reshape and reinvent. This is a once-in-a-generation moment to consider how to do things differently.
“The COVID-19 crisis is forcing industrial manufacturing companies to take stock – literally and figuratively. Now is the time to review pricing policy and decide which products to prioritise when ramp-up begins.”
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