British SME manufacturers report strong growth in domestic and export orders
Workforce management systems can help improve overall productivity for British SMEs, which seem to be currently enjoying strong growth in domestic and export orders, according to a recent report by the CBI.
The latest quarterly SME Trends Survey, which polled 373 manufacturers, found that total new orders growth was at a three year high, driven by solid rises in both domestic and export orders, with the latter growing at the fastest pace since mid-2011. Output growth was also at its highest for six years, and orders and output are expected to strengthen yet further in the coming quarter.
Furthermore, 34% of manufacturers said employee numbers were up, and 11% said they were down, giving a balance of +23%, the highest since July 2014 (+24%). 31% of firms said they were more optimistic about the general business situation than three months ago and 15% were less optimistic, giving a balance of +17%. Optimism about export prospects for the year ahead rose at a record pace (+32%).
Tensor – suppliers of advanced workforce management systems designed to help improve productivity for British SMEs
Every firm planning to expand their workforce due to newly found business opportunities should try their best to ensure that the basis they’re building on is solid enough, and this is precisely where Tensor could help, given our extensive experience in the field of workforce management.
The WinTA.NET is the flagship product of our proven range of Windows™ based time and attendance products, offering complete and comprehensive control over the creation of working rules, Access Control, Job Costing and System Security. It has specifically been designed to meet the specific requirements of a wide range of firms, including SMEs.
A complete smart card time and attendance system including European Working Time Regulations checking and reporting, ensuring that your company remains compliant with both regional and national legislation.
The Enterprise edition software has a familiar Windows™ interface, providing quick and easy access to information.
If you’d like to find out additional information regarding the WinTA.NET range of products, just get in touch with our dedicated product team, they’ll be more than happy to answer any questions and queries you might have.