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When two major car manufacturers stopped production in the region an important dynamic in the Midlands manufacturing sector changed.
Businesses that had relied on such companies to cover a large percentage of their overheads, drive new business growth, and help with sourcing issues were suddenly exposed.
It would be wrong to attribute the issues faced by every supplier to this alone, but it has undoubtedly forced many Midlands manufacturers for the first time to manage both their intangible capabilities as well as their physical assets.
Managing...