Abstract
The Welsh manufacturing sector, mainly made up of small and medium businesses (SMEs), is facing challenges in a rapidly changing environment. This report by FSB Wales highlights the need for a two-pronged approach to support these SMEs.
The Welsh manufacturing sector has undergone significant change over the last decade, with new technologies, the further expansion of the circular economy, and a fast-changing competitive environment only a few of the things reshaping the landscape. The majority of Welsh manufacturing businesses are micro, small, or medium[1]sized enterprises (SMEs) which face particular issues concerning supply chains, training and skills, innovation, finance, infrastructure, and sustainability. With this in mind, Federation of Small Businesses Wales sought to gain a better understanding of the challenges facing SMEs in the Welsh manufacturing sector and commissioned research in this area.
The Welsh manufacturing sector has undergone significant change over the last decade, with new technologies, the further expansion of the circular economy, and a fast-changing competitive environment only a few of the things reshaping the landscape. The majority of Welsh manufacturing businesses are micro, small, or medium[1]sized enterprises (SMEs) which face particular issues concerning supply chains, training and skills, innovation, finance, infrastructure, and sustainability. With this in mind, Federation of Small Businesses Wales sought to gain a better understanding of the challenges facing SMEs in the Welsh manufacturing sector and commissioned research in this area.
| Original language | English |
|---|---|
| Publisher | Federation of Small Business (FSB) |
| Commissioning body | Federation of Small Business |
| Number of pages | 42 |
| Publication status | Published - 2 Aug 2023 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
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SDG 12 Responsible Consumption and Production
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