Goods with a total value of almost £3.5bn are awaiting completion in Scottish manufacturers’ warehouses because of supply chain delays.
A new report by Barclays Corporate Banking, focused on manufacturing businesses with more than 10 employees, shows that 86% of such Scottish companies are currently holding items in their warehouses awaiting completion because raw materials, ingredients or component parts have not yet been delivered from suppliers.
On average, this ‘unfinished business’ is worth over £1.8m to each company impacted.