Automotive companies keen on reshoring – Business Birmingham

NEW research from Business Birmingham has shown that there is an overwhelming willingness among automotive companies to bring production back to the UK.

However, many automotive companies are failing to reshore production because of engagement issues within the domestic supply chain.

The research suggests firms continue to take production abroad due to poor understanding of options available within the domestic supply chain.

Notably, the research found that there was an ‘information gap’ in the supply chain, whereby companies were often unaware of the options available within the domestic or regional supply chain, resulting in production being moved abroad unnecessarily.
 
Business Birmingham says it is working hard to address the issue by implementing a sector-focused engagement programme for automotive supply chain companies in Greater Birmingham which it aims to develop further with local enterprise partnerships (LEPs) that are willing to participate.

David Shepherd, automotive sector relationship manager at Business Birmingham, said: “There is a strong appetite among automotive companies to bring production back home to the UK. But to encourage them to do that we need to improve the level of engagement within the supply chain.”

Business Birmingham is hosting a ‘Meet the Buyer’ event at Longbridge on Wednesday to connect businesses with local suppliers.

The event, at the MG Conference Centre from 9am to 3pm, is being staged in collaboration with UK Trade and Investment (UKTI) and the Automotive Investment Organisation.
 

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