Aerospace supply chain programme offers suppliers opportunity to double their turnover

Aerospace supply chain programme offers suppliers opportunity to double their turnover

New places on growth programme to be released ahead of DSEI

Aerospace supply chain programme offers suppliers opportunity to double their turnover

The UK’s leading productivity improvement programme Sharing in Growth is offering ambitious aerospace suppliers the opportunity to double their turnover.

The award-winning programme, tailored to the aerospace and advanced manufacturing sector, has announced new funded places in time for DSEI, the world’s largest biennial defence and security exhibition held at London’s Excel between September 10 and 13.

Twelve of Sharing in Growth’s (SiG) current participants will be exhibiting at the show, which brings together senior international trade and military experts from across the global supply chain.  By working with Sharing in Growth to transform their businesses, these programme participants have, between them, secured more than £350 million in contracts.

£4bn in contracts secured in last 5 years

SiG’s 100 business coaches, backed by the help of experts assist companies to tackle their individually diagnosed barriers to growth, with many doubling their turnover. Participants in the Sharing in Growth (SiG) programme have secured more than £4 billion in contracts over the last five years by improving their leadership, culture and operational capability.

Sharing in Growth is an independent, not-for-profit programme, supported by the Regional Growth Fund and more than £150 million in private investment. Over 60 companies, with some 10,000 employees, have benefited from the programme across the UK.

As the earliest participants ‘graduate’ from the scheme, new places have become available to ambitious companies who need SiG’s expertise to show them how, typically, to address a 20 per cent cost gap and a 50 per cent productivity improvement.

The SiG programme provides funded support with a value up to £300k per year for three years. It is endorsed by Airbus, BAE Systems, Boeing, Bombardier, GE, GKN, Leonardo, Lockheed Martin, MBDA, Rolls-Royce, Safran and Thales,

To qualify for the programme, companies need to be aerospace suppliers, have genuine ambition to grow and be able to release their teams for on-site coaching, training and mentoring.

Scheme will safeguard 10,000 UK jobs

Sharing in Growth CEO Andy Page said: ”We’ve now supported over 60 beneficiaries to secure more than £4 billion in contracts two years ahead of schedule. This is equivalent to over 7,000 jobs so we are well on target to safeguard 10,000 UK jobs by 2020.”

“Our programme is effective because it has the unique scope and scale, commensurate with the challenge of helping programme participants to win a larger share of the global aerospace market. We provide funded, bespoke, independent training, coaching and mentoring to improve companies’ management and operational capability so that they win business which they can then invest further in their skills and infrastructure to win even more business.”

To find out more about SiG, visit programme participants at DSEI or www.sig-uk.org/apply.

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