The recent inaugural meeting of the Made Smarter Commission has brought together Business leaders, academics and the government to make manufacturing ‘smarter’.
The meeting co-chaired by Business Secretary, Greg Clark, and Siemens CEO, Professor Juergen Maier, includes senior members from Airbus, EEF, BAE Systems and the TUC. The aim is to drive the boosting of productivity and create more highly-skilled jobs in the manufacturing industry.
The commission was formed following the launch of the Made Smarter Review in November 2017 which sought input and recommendations from over 200 stakeholders, including companies such as Rolls Royce, GKN, IBM, and Accenture.
The Review focused on three priority areas:
Last year’s review forecast that, over the next ten years, industrial digitalisation could boost UK manufacturing by £455bn. This would increase sector growth by up to 3% per year, creating a net gain of around 175,000 jobs whilst reducing CO2 emissions by 4.5%.
Key priorities for the Commission's first meeting included:
Juergen Maier, CEO of Siemens, stated:
“The Made Smarter Commission promises to deliver our core recommendation of driving digitalisation across the UK and invigorating industrial strategy. We need now more than ever to unite business, employees and government behind a strategy that boosts industrial productivity and improves living standards.”
The UK is in the top 10 largest global manufacturing economies and is the fourth largest in the EU. Last year, manufacturing GVA totalled £186 billion, supporting 2.7 million jobs and continues to account for 48% of the UK total exports of goods and services.
Business Secretary, Greg Clark, concluded:
“The increased adoption of digital technologies will bring enormous benefits potentially generating £455 billion over the next 10 years.
“We need strong partnership between government and industry which is exactly why we have established the Made Smarter Commission. I am proud that leading men and women from industry, business and academia are working with us to turn the ambition into a reality and enable everyone to reap the rewards.”
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