Sharing in Growth held an introductory event for potential beneficiaries on 29 September and had a record response with over 80 attendees.
SiG’s chairman Bryan Jackson CBE opened by outlining the opportunities presented by aerospace growth in the civil, defence and MRO markets but warned that without competitiveness improvement companies may fail to capitalise.
“A 2015 industry report found that 62% of UK aerospace engineers believed their companies face productivity issues that threaten the UK’s position as a global aerospace superpower.Only 13% of respondents said that UK SMEs are sufficiently capable of coping with the growing demands of global prime contractors, particularly in the face of supply chain rationalisation. The need to fulfil the new, higher production rates is a huge concern. The current new aircraft backlog is over 12,800 aircraft – nine years’ worth of work in hand for UK companies. As major civil aerospace manufacturers seek to move to higher production rates, capability and productivity will be critical.”
Bryan Jackson CBE – SiG chairman
SiG CEO Andy Page followed-up by explaining how the four year SiG programme was worth £1.2 million in transformation support to companies and was of a scale commensurate with the size of the challenge. There is no cash outlay for beneficiaries who only have to match the funding in kind based on the value of time dedicated to the programme by staff.
The need for improved competitiveness was underscored by speaker Steve Vandersteen, Director of Airframe Procurement and Supply Chain – BAE Systems, Military Air and Information. Said Steve: “UK Manufacturing PLC is not getting the proportion of aerospace growth that we want. I would love to see a globally competitive UK supply chain.”
Steve explained that more capacity was needed as a result of extended product life cycles but, without quality improvement, it would be difficult for suppliers to meet the required levels of cost and delivery. “I take a great interest in our supply chain,” he continued. “We need leadership and skills centred around quality to make us competitive. I have seen UK suppliers who are on the SiG programme and we are starting to see results in terms of first time quality . The SiG quality and purchasing engineers and the delivery partners are adding real value and I think that’s a good thing.”
The benefits of the SiG programme were truly brought to life by beneficiaries presentations from Mandy and Jeremy Ridyard of Produmax and Matt Snelson of Grainger and Worrall. The former explained that they were now moving to new premises after implementing continuous improvement while the latter had set their 2020 turnover target at £70 million.
Attendees also heard from a number of delivery partners including Simon Forster director of Inspire Training Solutions on high performance leadership, Liz Salter of Cambridge University’s IfM and Omar Mirza of Deloitte LLP on business planning and international business.
Potential beneficiaries now have until 30 November to apply to join the programme. To apply, please complete our Expression of Interest form.