A new study by the Next Manufacturing Revolution (NMR) - a not-for-profit organization founded - claims that through more efficient use of resources, manufacturers could generate an additional £10bn in profit a year. And by adopting a series of measures these companies could create more than 300, 000 new jobs while contributing a 4.5% reduction in the UK's total annual greenhouse gas emission footprint. Focusing on seven key areas including supply chain collaboration, transport, waste, energy and packaging, the NMR report identifies the opportunities open to companies of all sizes based on detailed analysis of global best practice and lays out a program of action to help them deliver improvements in resource efficiency.
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