Obso Global launches handy five-point plan to combat supply chain stress
Recent findings by the Chartered Institute of Procurement & Supply ( CIPS ), found that the downturn in UK manufacturing accelerated at the end of 2022 . Moreover , the rate of decline was among the steepest during the past 14 years .
Companies reported that recent output had been scaled back due to declining intakes of new work and disruption caused by stretched supply chains and material shortages .
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Long lead times prove to be a huge challenge for businesses attempting to source genuine parts for equipment and machinery .