DTI says making headway in helping East of England manufacturers
New figures from the DTI show that its Manufacturing Advisory Service has added £1.8m to the value of East of England businesses that have made use of it.
MAS gives businesses practical advice from manufacturing experts. The service is subsidised, and for smaller firms much of the help is free. The aim of the initiative is to increases the value of manufacturing businesses in the region through a combination of increased turnover and reduced costs.
In its first four years MAS East has handled 5,709 enquiries, made 638 advisory visits, and helped the region’s firms with 130 in-depth projects.
MAS says it aims to help companies by improving productivity, which says has risen by more than a quarter nationally; use of space - improved by a third; efficient use of equipment - improved by a third; waste in the production process - cut by 28 per cent; and orders delivered on time – up by 28 per cent.
The 2005-6 figure takes the value-added total for the four years since MAS began to £224m, according to figures in the latest MAS annual report. The budget for the service has been £41m for that period.