Sue Tilley’s manufacturing update – as featured in Niche Magazine’s Logistics and Manufacturing section – Tilley’s Take
The manufacturing sector in Leicestershire contributes in excess of £5bn in Gross Value Added (GVA) to the local economy. With more than 5,000 manufacturing businesses employing over 80,000 people, manufacturing in the region is vibrant an
d diverse. As we look to the future, these businesses collectively hold the potential to generate an additional £750m in growth by 2030, positioning Leicestershire as a significant player in the UK’s manufacturing sector.
Leveraging academic expertise for industry innovation
One of the region’s strongest assets is its three leading universities – De Montfort University, Loughborough University, and University of Leicester – which provide substantial research and development (R&D) capabilities. These institutions are centres of academic excellence and serve as critical partners to local industries, driving innovation and supporting the development of new technologies and processes.
A recent example of this is Loughborough University’s partnership with the Massachusetts Institute of Technology (MIT). This collaboration, which focuses on transportation, logistics and supply chain management, is a game-changer for the region’s manufacturing sector. The introduction of a full-time MSc in Supply Chain Management as part of this partnership is a strategic move, equipping the next generation of professionals with the skills and knowledge needed to navigate complex supply chain challenges in an increasingly globalised economy.
In addition to academic support, companies like MIRA Technology Park play a pivotal role in guiding businesses through the product development journey, from concept to commercialisation and manufacturing. MIRA Technology Park offers expert assistance in transforming ideas into market-ready products, ensuring that firms can effectively navigate the challenges of bringing new innovations to life. Their commitment to supporting product inception and development empowers businesses to seize new opportunities for growth and success in the manufacturing sector.
Navigating supply chain disruptions
The importance of robust supply chain management cannot be overstated, particularly in light of ongoing geopolitical tensions, such as the war in Ukraine. These conflicts have exacerbated supply chain disruptions, leading to increased costs and uncertainty across various industries. For manufacturers in Leicestershire, the impact is palpable, with rising energy prices and concerns over food security posing significant challenges, especially for those in the food and drink manufacturing sector.
These disruptions underscore the need for resilient and adaptable supply chains. Manufacturers are increasingly looking to localise their supply chains, reduce dependency on volatile markets, and invest in technologies that enhance supply chain visibility and efficiency. Our universities, with their cutting-edge research in supply chain management, are well-positioned to support these efforts.
Embracing digital transformation for growth
To remain competitive in a rapidly evolving global market, manufacturers in Leicestershire are embracing digital transformation. Programmes like the Made Smarter initiative are pivotal in this transition. By helping businesses digitise their operations, Made Smarter is driving productivity, enhancing efficiency and fostering innovation across the sector. Digitalisation is not just about adopting new technologies; it’s about integrating these technologies into every aspect of the manufacturing process, from design and production to supply chain management and customer service. For local manufacturers, this digital shift is essential to maintaining their competitive edge, improving sustainability and unlocking new growth opportunities.
A vision for the future
Looking ahead, the future of manufacturing in Leicester and Leicestershire is bright. The sector is poised for significant growth, supported by a strong foundation of academic excellence, a commitment to innovation and a forward-thinking approach to challenges such as supply chain disruptions and the need for digital transformation.
The synergy between industry, academia and government support programs will be crucial in realising this vision, ensuring that Leicester and Leicestershire remain at the forefront of the manufacturing revolution in the years to come.
About Sue
With over four decades of experience in business development, economic growth and strategic partnerships, Sue Tilley has had the privilege of leading and shaping successful ventures across various industries. From founding ‘Classy Rags’ to driving regional economic development in Leicester and Leicestershire, her journey has been fuelled by a passion for innovation, manufacturing, collaboration and sustainable growth. Sue’s passion for manufacturing stems from starting and growing her own manufacturing company producing quality corporate clothing that met blue-chip customer needs. She believes manufacturing businesses play a pivotal role in driving the economy.