The demand keeps growing for higher quality goods, faster response times and lower costs, while mass customisation, outsourcing and leaner margins are increasing competitive pressures. The successful manufacturing and distribution businesses are those doing more with less – while focussing more closely on what their customers really want.
As experienced advisers to the manufacturing and distribution sector, we can help you take advantage of the opportunities that are out there and keep you one step ahead in this changing world.
Whether you’re grappling with changes to export duties, looking for fresh investment or trying to address a skills shortage, speak to our team of specialists for the commercial advice you can act on.
Our manufacturing and distribution sector services include:
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Our team of HR specialists have worked extensively with manufacturing clients to fix day-to-day employee issues and develop more effective long-term people strategies.
Retaining shop floor workers
Experienced workers lost to a competitor can be costly and time-consuming to replace. We work with manufacturing companies to establish the market rate for their employees. But we also identify what their employees really value. This means that other financial benefits could be removed or reduced, freeing up money to increase wages. Or other rewards or benefits prioritised that would stop workers moving to a competitor.
Building a career structure for internal promotions
Generally it’s cheaper to develop your own people and promote from within. But not everyone can operate at a higher level, which results in underperforming mangers or severe capability gaps. We work with companies to create career paths, linked to competencies, linked to training, linked to reward. This reduces the failure rate of promotions and attracts more junior level staff to join the company.
When you have to hire externally
In this sector, a huge amount of time and effort is spent considering investment in machinery and equipment. But when it comes to hiring people, a decision is usually reached after one or two short interviews. And the annual cost of an employee can often be more than the cost of a new machine. If you are lucky, the people you hire work out well, but often that’s not the case. We help our clients improve their whole onboarding process. From writing job profiles through to training managers and building pay and bonus structures to attract the right talent.
Our business and corporate tax specialists provide practical, commercial advice to the manufacturing sector. We work with our clients on a wide range of issues, including:
Whether you’re looking to acquire, sell or raise funding, or are looking for your next strategic move, our manufacturing specialist corporate finance team can give the advice and support you need. We can help you to: