Manufacturing Excellence Awards (MX) 2014 Presentation by MX Awards Executive Committee www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org The Institution ¾ Founded in 1847, holds a Royal Charter, patron HM The Queen ¾ Fastest growing engineering Institution in the UK – 106,000 members ¾ Past Presidents include George Stephenson, Joseph Whitworth, Lord William Armstrong, Robert Napier, Sir Charles Siemens ¾ Promoter of the MX Awards to industry in the UK and Germany www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 2 MX Awards - Summary ¾ A value-adding business improvement programme acknowledged for its rigour and effectiveness ¾ Supported by: ¾ First launched in UK in 1982 and in 2004 in Germany ¾ Objective is to help manufacturing companies by: • Disseminating best practice • Recognising success • Benchmarking performance ¾ Operating now with Regional and National Awards ¾ Provided entirely free of charge to companies taking part www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 3 Benefits to Companies Entering ¾ Access to the most advanced on-line self assessment tool for business improvement developed in conjunction with the IfM at Cambridge University ¾ Automatic benchmarking report generated on completion ¾ Opportunity to win prestigious MX Awards and enhance profile ¾ Gain advantage from an on-site audit from a team of experts and a further detailed bench marking report ¾ Access to the wide range of MX Club seminars and workshops operated with MAS and other MX Partners ¾ Extensive networking facilities to improve supply chain efficiency, either as a supplier or customer ALL ENTIRELY FREE OF CHARGE ALL INFORMATION HELD STRICTLY CONFIDENTIAL Partners in Achieving Manufacturing Excellence in the UK www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 4 Benefits to Partners and Sponsors ¾ New advanced tool with benefits to existing clients to improve their businesses ¾ Door-opening to new clients through a National Awards campaign and on-site visits ¾ Personal development through powerful facility networking with national experts ¾ Links to other partners and sponsor organisations and MX Club workshops working with MAS ¾ Inside track on latest concepts and trends in modern manufacturing industry ¾ High level publicity with Equivalent Advertising Revenue of ca £1 million ¾ Access to full programme of IMechE programme of conferences and seminars Partners in Achieving Manufacturing Excellence in the UK www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 5 MX Awards Sponsors and Partners www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 6 Three Areas of Operation Regional MX Awards National MX Awards MX Club Workshops & Seminars www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 7 MX Awards Programme Regional assessment process and competition MX winners recognised at IMechE regional dinners (March 2014) National assessment process and competition Final judging panel Manufacturing Excellence Awards Ceremony 30 September 2014 Applications are currently open for companies to enter at a national level. Regional entrants can also apply for the national award. www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 8 Award Categories Award Categories Overall Winner and Best SME •Innovation in Products and Processes •Logistics and Operational Efficiency •Customer Focus •Financial Management •Business Development and Change Management •Partnership with Education •People Effectiveness •Sustainable Manufacturing www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 9 Testimonials “The whole Manufacturing Excellence process has provided us with a great opportunity to benchmark ourselves with other best practice organisations who are not necessarily operating in our industry sectors.” Malcolm Irving, Draeger “We look forward to working with the Manufacturing Excellence programme as part of our growth plan.” Vickie Broadbent, Hymid Multi-Shot “We have a great deal to learn on our journey and Manufacturing Excellence provides an opportunity to benefit and improve with highly experienced professionals” Steve Hill, G&H Precision Engineering www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 10 Michelin Tyre, Ballymena People Effectiveness ¾ 55,000 hours of training across 1,100 people has cut quality problems by 25% www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 11 Trend Control Systems, Horsham Logistics and Operational Efficiency ¾ Automatic stock control and “Batch of One” ensuring < 48 hours to despatch any order placed www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 12 Astrium, Stevenage Business and Education Partnership ¾ Apprenticeship places are heavily oversubscribed after bringing local school parties in to see their sites www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 13 Elster Metering, Luton Change Management ¾ 50% increase in units per person, 20% reduction in energy consumption, 100 FTE headcount reduction www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 14 What can you do? ¾ Try out the new tool at www.imeche.org/manufacturingexcellence ¾ Use it with your clients to get personal experience of its value and of the latest trends and developments in industry ¾ Encourage entries to MX and further enhance your standing and credibility with both existing and potential customers ¾ Give us feedback on this webinar Achieving Manufacturing Excellence in the UK www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 15 MX On-line Save and return to applications. Completion by multiple staff members. An easy to use interface with maturity statements and evidence prompts Automatic initial Benchmark Report with Prioritisation Chart (Regional Awards) www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 16 www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 17 www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 18 www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 19 www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 20 Opportunity for MAS ¾ Target audience – min T/O £1m or 10 employees with clear growth plans ¾ Director engagement at a strategic level – MDs and FDs ¾ Identify and address key financial strategies for sustainable growth ¾ Strengthen GVA impact of existing MAS projects ¾ Identify further MAS intervention opportunities by providing strategic lens ¾ MAS client acquisition opportunity through Grant Thornton and partner networks www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 22 Client benefits… ¾ Understanding the key financial issues and opportunities which could impact on the success of your business ¾ Identify specific opportunities to improve your financial performance and capability ¾ Participate in a forum to discuss your issues and learn from your peers – facilitated by one of our local specialists ¾ Access expert help to prioritise your next steps and discuss your personal situation 1-to-1 at our Financial Expert clinic ¾ Consider a range of next steps to progress: MAS consultants, UKTI, Growth Accelerator – Access to Finance and engagement with GT and other advisors www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 23 Contact the MX Team manufacturingexcellence@imeche.org www.imeche.org/manufacturingexcellence Rachel Pearson R_Pearson@imeche.org www.imeche.org/manufacturingexcellence Improving the world through engineering www.imeche.org 22