Companies Can Profit From Making Use of a QM System

Electronics playing an essential role in increasing manufacturing output

The number of electrical products made including PCB affiliation pins, increased in March which stunned experts.

The statistics released by the Workplace for National Stats indicate that UK producing output increased by 0.9%, which was a large enhancement on the 1.1% fall in February.

In addition, the ONS specified that sectors consisting of electronics, chemical and transportation devices helped to stabilise the economy.

Electronic equipment manufacturing, that included the production of PCB interconnection pins, rocketed up by 12.1% in the very first quarter of the year, which ended the bad run of two previous quarterly falls in that sector.

Additionally, industrial production stopped by 0.3%, which was mostly affected by the reductions in oil and gas production.

Andrew Johnson, senior financial expert at EEF, the manufacturers' organisation, assessed the figures by recommending that they suggested a minor improvement in production.

" This recommends manufacturing is in a better position at the start of this year than it was at completion of 2011," he stated.

Of the 13 production sub-sectors, 8 increased, 4 dropped and one remained level.

The chemicals sector made the greatest contribution to the growths seen in manufacturing output, increasing by 5.6%.

The production of transportation equipment likewise increased by 4.3% and the production of wood and paper products visited 2.3%.

" The difficulties clearly remain powerful, particularly with regard to significant European markets," Mr Johnson included.

" Whilst the combined image throughout specific sectors suggests we are some way yet from establishing a strong and constant growth course."

Furthermore, last month, ONS data revealed that the UK economy had contracted by 0.2% in the first quarter of the year, thus putting the UK back into a double-dip economic downturn.

Despite the economy contracting, some prominent financial experts think that the official statistics do not totally represent the real strength of the economy and that the real picture could be far more favorable.

Current predictions by the Confederation of British Industry recommend that the economy will begin to grow in the latter part of 2012, with even greater GDP development throughout 2013.

" Despite the disappointing GDP price quote for the first quarter from the ONS, we still think the UK economy will grow in 2012, with ISO 9001 Accreditation faster development next year," mentioned CBI director basic John Cridland.

" Optimism amongst companies has been increasing since the turn of the year, with manufacturing demand holding up. And that is beginning to translate into more tasks and investment."