Productivity boost drives growth among South West SMEs
Manufacturing small and medium enterprises (SMEs) across the South West have continued their solid growth due primarily to a sharp boost in productivity, a recent news report in the local business media was able to reveal.
More than half (52 per cent) of respondents to the latest Manufacturing Advisory Service (MAS) barometer said they had increased their productivity in the past six months.
Meanwhile, almost three-quarters (74 per cent) of companies highlighted that further efficiency gains were needed to remain competitive. More than 60 per cent of manufacturers expect to increase investment in new technology, machinery or premises by the spring of 2015.
Simon Howes, MAS area director for the South West, said: "Our barometer shows that South West manufacturers are already raising productivity, which is good for the region and country as a whole. It should also please the Bank of England, who recently called for the UK to improve its performance in this area."
Furthermore, 94 per cent of companies questioned planned to either maintain or increase their workforce over the six months.
Every company that plans to take on more staff in a solid and sustainable manner should also consider the implementation of a solid and reliable workforce management system, and this is exactly where Time & Attendance South West can help.
Whether we’re talking about simple access control solutions or more complex systems, also including extensive Time and Attendance features, Time & Attendance South West has the necessary expertise to provide customers with a complete and comprehensive bespoke solution, that will perfectly fit their requirements.
Our advanced smart card time and attendance system includes European Working Time Directive checking and reporting, ensuring that your company remains compliant with both regional and national legislation.
Furthermore, the system also offers a series of additional features employers would certainly find handy, such as Weekly Clock Card, Payroll Summary, Absence Summary, Fire Roll Call or Shift Swapping.
If you’d like to find out more about the extensive range of solutions supplied by Time & Attendance South West, just get in touch with our dedicated product team, they’ll be more than happy to answer any and all queries you might have.