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Talking Business Conference


Our Journey to Excellence




                                © The Hi-Technology Group LTD 2012
Introduction




               © The Hi-Technology Group LTD 2012
Introduction
         The Hi-Technology Group Ltd. is privately owned injection moulding facility, providing total concept
         manufacturing to the medical, marine, H&S, defence, mobility, aerospace and consumer industries




    Hi-Tech Mouldings based in                                         Hi-Technology mouldings Slovakia sro based
    Waterlooville, Hampshire, UK                                                     in Kosice, Slovakia
  3 shift patterns – 134 employees                                           3 shift patterns – 26 employees


   A trained workforce with developed skills and dexterity meet the challenging needs
                 of the business, implementing 5S techniques and OEE


                                                                                            © The Hi-Technology Group LTD 2012
Services



     •   Product Design
     •   Tool making
     •   Injection Moulding
     •   Product Assembly




                              © The Hi-Technology Group LTD 2012
Performance
                                         Group Performance

                  12,000,000

                  10,000,000
   Turnover (£)




                   8,000,000

                   6,000,000

                   4,000,000

                   2,000,000

                          0
                               2006-07   2007-08   2008-09   2009-10   2010-11   2011-12     2012-13
                                                                                           (projected)

                                                              Year



                                                                                           © The Hi-Technology Group LTD 2012
The Journey
                ?




         2005

                    © The Hi-Technology Group LTD 2012
The Issues


       Low Investment
       Poor Training
       Flawed management
       Major customer Offshoring



                               © The Hi-Technology Group LTD 2012
Where did we go from here?
                                            “What we need to do
 “What improve our                             is improve?”
 work methodology?”
                                            “What we need to do
                                            is find out where we
 We’ve tried that and it didn’t work!                are?”
 We know what to do but we’re just too busy to do it!
 We will make a start once things improve!
 What make improvements when we just can’t sustain them!
 It’s just another initiative, will soon move on to something else!


                                                        © The Hi-Technology Group LTD 2012
Leadership



             Leadership is about
             creating the conditions
             for others to succeed




                            © The Hi-Technology Group LTD 2012
The 3 P’s



            People
            Polymer
            Process

                      © The Hi-Technology Group LTD 2012
The challenge
 You have to challenge the
 accepted norms at grass root
 level; aspects such as
 changeover times, inventory
 requirements, absenteeism.

 However, you need to get
 away from personalities and
 build good
 optimised, documented
 processes and procedures

                                © The Hi-Technology Group LTD 2012
Why Benchmark

 The main reason to benchmark is because you
 recognise that somewhere, somehow you are not as
 efficient or as capable of satisfying your customers as
 your competition
 There are two key drivers - profitability and revenue
 growth
 Although benchmarking is a measurement process and
 does generate comparative performance measures, it
 also about attaining exceptional performance



                                              © The Hi-Technology Group LTD 2012
Why Benchmark
 Processes, although a temporary component of an
 organisation because they change easily, are critical for
 profitability as delivery of products/services is crucial to
 customer satisfaction, payments and ultimately profit.
 Similarly reputation (ephemeral) is critical to growth
 but can be lost all too easily - especially if
 processes/people do not deliver
                                           (A . Anderson)
              SUSTAINABILITY IS THE KEY



                                                  © The Hi-Technology Group LTD 2012
Why Benchmark
                                 Temporary


           Reputation                                      Brand
                                   Culture

           Investment Capital
                                    People               Processes
  Growth                                     Financial
                                                                           Profit
                            Structure        Operation
            Equity
                                                           Control
                                        Software
                 Products                                Procedures
                                  Hardware
                                   Assets


                                  Durable



                                                               © The Hi-Technology Group LTD 2012
Initial Benchmark Result
   Customer Satisfaction - above average
   Safety Environment Cleanliness – average
   Management Deployment – below average
   Scheduling – average
   Product Flow, Space use – below average
   Inventory WIP levels – below average
   People teamwork, skill level – below average
   Equipment and tooling maintenance – below average
   Ability to manage complexity – average
   Supply Chain Integration – average
   Quality System Deployment - average


                                                © The Hi-Technology Group LTD 2012
Our practices had become our working habits
They would be hard to change. People were not necessarily against
change but they were resistant to being changed

Changing our practices was more of a cultural challenge than a
technical one
  •Tools, techniques and knowledge of alternative practices would
  help but would not be enough on their own
  •We required our people to be empowered to change their own
  practices supported from the top
  •Leadership is a key competency and this needed to be developed
  •New habits would take time to establish and need coaching

                                                      © The Hi-Technology Group LTD 2012
We had to recognise we needed to -
• Embrace new technology and R&D when applicable
• Support the develop of new products quicker
• Help bring products to the market place earlier
• Adopt where feasible technology transfer between
  sectors
• Diversify into other products/sectors
• Improve productivity & competitiveness
• Drive down manufacturing costs
But you have to give people the right working environment
to succeed.


                                             © The Hi-Technology Group LTD 2012
Eight Principles
    1.Customer Focus
    2.Leadership
    3.Involvement of People
    4.Process Approach
    5.System Approach to Management
    6.Continual Improvement
    7.Factual Approach to Decision Making
    8.Mutually Beneficial Supplier Relationship


                                              © The Hi-Technology Group LTD 2012
Business Framework
  Provides the route to success   • Improve understanding
                                  • Identify the way we work
      Creates ownership           • Recognise and improve
                                    the systems we use
          Instils Pride           • Identify the support and
                                    training required
        Leads to Success          • Formalise the
                                    recognition employees
                                    get
    Peoples capability +
   Management motivation



                                               © The Hi-Technology Group LTD 2012
Current Benchmark Result
   Customer Satisfaction – Excellent
   Safety Environment Cleanliness – Excellent
   Management Deployment – Excellent
   Scheduling – Excellent
   Product Flow, Space use – Excellent
   Inventory WIP levels – Excellent
   People teamwork, skill level – Excellent
   Equipment and tooling maintenance – Excellent
   Ability to manage complexity – Best in Class
   Supply Chain Integration – Excellent
   Quality System Deployment - Excellent


                                                   © The Hi-Technology Group LTD 2012
Individuality and Vision
       Attributes – What are the distinctive                                Consistently
                                                         Innovative                              Flexible
       attributes of our business?                                         High Standard

                                                                            Exceptional       Collaborative
       Functions – What do these bring to our             Product
                                                                          quality (product    approach with
       business?                                         Specialism
                                                                           and Service)         customers

                                                                              Secure,
                                                       Confident of our                        Valued and
       How does this make our customers feel?                             confident of our
                                                            ability                            respected
                                                                           performance

                                                                                                   Builds
                                                       Differentiation
       Values – What core values does this give our                       High trust in our    relationships
                                                          from our
       business?                                                               ability        and long-term
                                                        competitors
                                                                                               partnerships

       Personality – What type of “personality” does                                          Preferred Long
                                                           Unique          High Integrity
       this give our business?                                                                 term partner

                                                       Leader in design and manufacture of polymer solutions
       Vision
                                                                          for our customers




                                                                                              © The Hi-Technology Group LTD 2012
Vision and Strategy
Targets
•Balanced market Portfolio
•Robust succession planning
•Long term tool manufacturing plan
•Lean manufacturing and automation
•Lean procurement and logistics planning
•Profitable business growth                VISION



                                             12 million turnover




                                                                   © The Hi-Technology Group LTD 2012
Vision and Strategy

  How do we achieve this?
  • Sales
  • Development
  • Manufacturing
  • Procurement/Logistics
  • Quality
                            2012-13
  • Slovakia




                             Hi-Technology
                             Group £12 m
                                  t/o




                                             © The Hi-Technology Group LTD 2012
Direction


            • Leadership and team building set
              the foundations for business
              improvement and success

            • Strong focus on continuous
              improvement and integrated
              management has improved
              manufacturing planning and
              boosted productivity.




                                  © The Hi-Technology Group LTD 2012
Main points
• Clear Deployment of Strategy and
  resources
• Skilled, self starting high performance
  team with a strong sense of a shared
  purpose
• Working with OEM customers in design
  Development to bring product to market
  via simulation and RP techniques
• A Culture of improvement and involvement
  underpinned by training, lean activity and
  capital investment



                                               © The Hi-Technology Group LTD 2012
IT at the Centre
                      SALES




     WAREHOUSE                  PLANNING
     DISPATCH                   LOGISTICS




                   PRODUCTION


                                © The Hi-Technology Group LTD 2012
What have we learnt?
               • Define/Measure/Analyse/improve/Control
               • The 6S’s Principles – Sort, Set in
                 order, Shine, Standardise, Sustain, Safety
               • Value stream mapping
               • Supplier OTIF/ PPM
               • Customer OTIF/ Forecasting v Actuals
               • OEE (Overall Equipment Efficiency/SMED
                 (Single-Minute Exchange of Die)
               • New Product Introduction (Make order
                 process)
               • Design of Experiments/SPC
                People are our major asset and we should
                train & empower them to succeed

                                            © The Hi-Technology Group LTD 2012
Training


     Training may be perceived as unglamorous and
     usually the first item to be cut from the budget
     in difficult times but it is crucial to the future
     success of a business

     If you fail to train you are planning to fail




                                                 © The Hi-Technology Group LTD 2012
Training planned 2011
Training 2012
 •   AAT Level 4 Diploma
 •   Negotiation Skills and Structured Selling Course
 •   Essential Selling Skills
 •   Key Account Management
 •   MAS Lean Manufacturing
 •   MAS Value Stream Mapping
 •   3 Apprentices – Technician, Tool Making, Business Administration
 •   2 Undergraduates on placement
 •   Key Skills training
 •   Supervisory Training
 •   Fundamentals of injection moulding training
 •   High Performance Moulding



                                                       © The Hi-Technology Group LTD 2012
Main points

              • A business wide passion for customer service and
                focus on OTIF achieved better than 99%
              • Niche market needs are identified and met
                through a partnership approach of innovation
                with the customer
              • Focused to meet customers expectations
              • Shop floor led improvement via NVQ training
                initiatives




                                                 © The Hi-Technology Group LTD 2012
Partnerships




               © The Hi-Technology Group LTD 2012
Summary
• Sustained growth of 18% and 10% last two financial
  years and 10% planned for 2012-13
• Continued investment in staff training (1327 days
  of training undertaken, this equates to 9.83 days
  average per employee.)
• Annual Absenteeism down to 0.25%
• Supporting Apprenticeship and Undergraduate
  training. Recognised as a Cogent Gold standard
  training provider
• Working with Major OEM across multi-sites to
  deliver Polymer Training and product development
• Continued investment in plant and equipment to
  remain competitive and provide sustained
  employment in the area.



                                                       © The Hi-Technology Group LTD 2012
Summary


    Processes are evolutionary and will continue
    to change and adapt, we need to be planning
    and preparing ourselves for this.

    We     want     to     be   a    centre     of
    excellence, exploiting new opportunities, new
    technologies enhancing learning and raising
    our standards




                                                 © The Hi-Technology Group LTD 2012
Success – Our Awards




       Exporter of the Year
          Finalist 2008




                               2011 – Winner –
                              Growth Business of                     2012 Finalist
                                  the Year




                                                   © The Hi-Technology Group LTD 2012
Awards 2012




              SME Manufacturer of the Year Finalist
              ICT in Manufacturing Finalist




                                                      © The Hi-Technology Group LTD 2012
The Journey
                               200?

                             2012
                      2011
                   2010
                 2009
              2008
          2007
        2006
          2005

                                      © The Hi-Technology Group LTD 2012
Hi-Technology Group




                      © The Hi-Technology Group LTD 2012

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Talking Business Conference Our Journey to Excellence

  • 1. Talking Business Conference Our Journey to Excellence © The Hi-Technology Group LTD 2012
  • 2. Introduction © The Hi-Technology Group LTD 2012
  • 3. Introduction The Hi-Technology Group Ltd. is privately owned injection moulding facility, providing total concept manufacturing to the medical, marine, H&S, defence, mobility, aerospace and consumer industries Hi-Tech Mouldings based in Hi-Technology mouldings Slovakia sro based Waterlooville, Hampshire, UK in Kosice, Slovakia 3 shift patterns – 134 employees 3 shift patterns – 26 employees A trained workforce with developed skills and dexterity meet the challenging needs of the business, implementing 5S techniques and OEE © The Hi-Technology Group LTD 2012
  • 4. Services • Product Design • Tool making • Injection Moulding • Product Assembly © The Hi-Technology Group LTD 2012
  • 5. Performance Group Performance 12,000,000 10,000,000 Turnover (£) 8,000,000 6,000,000 4,000,000 2,000,000 0 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 (projected) Year © The Hi-Technology Group LTD 2012
  • 6. The Journey ? 2005 © The Hi-Technology Group LTD 2012
  • 7. The Issues Low Investment Poor Training Flawed management Major customer Offshoring © The Hi-Technology Group LTD 2012
  • 8. Where did we go from here? “What we need to do “What improve our is improve?” work methodology?” “What we need to do is find out where we We’ve tried that and it didn’t work! are?” We know what to do but we’re just too busy to do it! We will make a start once things improve! What make improvements when we just can’t sustain them! It’s just another initiative, will soon move on to something else! © The Hi-Technology Group LTD 2012
  • 9. Leadership Leadership is about creating the conditions for others to succeed © The Hi-Technology Group LTD 2012
  • 10. The 3 P’s People Polymer Process © The Hi-Technology Group LTD 2012
  • 11. The challenge You have to challenge the accepted norms at grass root level; aspects such as changeover times, inventory requirements, absenteeism. However, you need to get away from personalities and build good optimised, documented processes and procedures © The Hi-Technology Group LTD 2012
  • 12. Why Benchmark The main reason to benchmark is because you recognise that somewhere, somehow you are not as efficient or as capable of satisfying your customers as your competition There are two key drivers - profitability and revenue growth Although benchmarking is a measurement process and does generate comparative performance measures, it also about attaining exceptional performance © The Hi-Technology Group LTD 2012
  • 13. Why Benchmark Processes, although a temporary component of an organisation because they change easily, are critical for profitability as delivery of products/services is crucial to customer satisfaction, payments and ultimately profit. Similarly reputation (ephemeral) is critical to growth but can be lost all too easily - especially if processes/people do not deliver (A . Anderson) SUSTAINABILITY IS THE KEY © The Hi-Technology Group LTD 2012
  • 14. Why Benchmark Temporary Reputation Brand Culture Investment Capital People Processes Growth Financial Profit Structure Operation Equity Control Software Products Procedures Hardware Assets Durable © The Hi-Technology Group LTD 2012
  • 15. Initial Benchmark Result Customer Satisfaction - above average Safety Environment Cleanliness – average Management Deployment – below average Scheduling – average Product Flow, Space use – below average Inventory WIP levels – below average People teamwork, skill level – below average Equipment and tooling maintenance – below average Ability to manage complexity – average Supply Chain Integration – average Quality System Deployment - average © The Hi-Technology Group LTD 2012
  • 16. Our practices had become our working habits They would be hard to change. People were not necessarily against change but they were resistant to being changed Changing our practices was more of a cultural challenge than a technical one •Tools, techniques and knowledge of alternative practices would help but would not be enough on their own •We required our people to be empowered to change their own practices supported from the top •Leadership is a key competency and this needed to be developed •New habits would take time to establish and need coaching © The Hi-Technology Group LTD 2012
  • 17. We had to recognise we needed to - • Embrace new technology and R&D when applicable • Support the develop of new products quicker • Help bring products to the market place earlier • Adopt where feasible technology transfer between sectors • Diversify into other products/sectors • Improve productivity & competitiveness • Drive down manufacturing costs But you have to give people the right working environment to succeed. © The Hi-Technology Group LTD 2012
  • 18. Eight Principles 1.Customer Focus 2.Leadership 3.Involvement of People 4.Process Approach 5.System Approach to Management 6.Continual Improvement 7.Factual Approach to Decision Making 8.Mutually Beneficial Supplier Relationship © The Hi-Technology Group LTD 2012
  • 19. Business Framework Provides the route to success • Improve understanding • Identify the way we work Creates ownership • Recognise and improve the systems we use Instils Pride • Identify the support and training required Leads to Success • Formalise the recognition employees get Peoples capability + Management motivation © The Hi-Technology Group LTD 2012
  • 20. Current Benchmark Result Customer Satisfaction – Excellent Safety Environment Cleanliness – Excellent Management Deployment – Excellent Scheduling – Excellent Product Flow, Space use – Excellent Inventory WIP levels – Excellent People teamwork, skill level – Excellent Equipment and tooling maintenance – Excellent Ability to manage complexity – Best in Class Supply Chain Integration – Excellent Quality System Deployment - Excellent © The Hi-Technology Group LTD 2012
  • 21. Individuality and Vision Attributes – What are the distinctive Consistently Innovative Flexible attributes of our business? High Standard Exceptional Collaborative Functions – What do these bring to our Product quality (product approach with business? Specialism and Service) customers Secure, Confident of our Valued and How does this make our customers feel? confident of our ability respected performance Builds Differentiation Values – What core values does this give our High trust in our relationships from our business? ability and long-term competitors partnerships Personality – What type of “personality” does Preferred Long Unique High Integrity this give our business? term partner Leader in design and manufacture of polymer solutions Vision for our customers © The Hi-Technology Group LTD 2012
  • 22. Vision and Strategy Targets •Balanced market Portfolio •Robust succession planning •Long term tool manufacturing plan •Lean manufacturing and automation •Lean procurement and logistics planning •Profitable business growth VISION 12 million turnover © The Hi-Technology Group LTD 2012
  • 23. Vision and Strategy How do we achieve this? • Sales • Development • Manufacturing • Procurement/Logistics • Quality 2012-13 • Slovakia Hi-Technology Group £12 m t/o © The Hi-Technology Group LTD 2012
  • 24. Direction • Leadership and team building set the foundations for business improvement and success • Strong focus on continuous improvement and integrated management has improved manufacturing planning and boosted productivity. © The Hi-Technology Group LTD 2012
  • 25. Main points • Clear Deployment of Strategy and resources • Skilled, self starting high performance team with a strong sense of a shared purpose • Working with OEM customers in design Development to bring product to market via simulation and RP techniques • A Culture of improvement and involvement underpinned by training, lean activity and capital investment © The Hi-Technology Group LTD 2012
  • 26. IT at the Centre SALES WAREHOUSE PLANNING DISPATCH LOGISTICS PRODUCTION © The Hi-Technology Group LTD 2012
  • 27. What have we learnt? • Define/Measure/Analyse/improve/Control • The 6S’s Principles – Sort, Set in order, Shine, Standardise, Sustain, Safety • Value stream mapping • Supplier OTIF/ PPM • Customer OTIF/ Forecasting v Actuals • OEE (Overall Equipment Efficiency/SMED (Single-Minute Exchange of Die) • New Product Introduction (Make order process) • Design of Experiments/SPC People are our major asset and we should train & empower them to succeed © The Hi-Technology Group LTD 2012
  • 28. Training Training may be perceived as unglamorous and usually the first item to be cut from the budget in difficult times but it is crucial to the future success of a business If you fail to train you are planning to fail © The Hi-Technology Group LTD 2012
  • 29. Training planned 2011 Training 2012 • AAT Level 4 Diploma • Negotiation Skills and Structured Selling Course • Essential Selling Skills • Key Account Management • MAS Lean Manufacturing • MAS Value Stream Mapping • 3 Apprentices – Technician, Tool Making, Business Administration • 2 Undergraduates on placement • Key Skills training • Supervisory Training • Fundamentals of injection moulding training • High Performance Moulding © The Hi-Technology Group LTD 2012
  • 30. Main points • A business wide passion for customer service and focus on OTIF achieved better than 99% • Niche market needs are identified and met through a partnership approach of innovation with the customer • Focused to meet customers expectations • Shop floor led improvement via NVQ training initiatives © The Hi-Technology Group LTD 2012
  • 31. Partnerships © The Hi-Technology Group LTD 2012
  • 32. Summary • Sustained growth of 18% and 10% last two financial years and 10% planned for 2012-13 • Continued investment in staff training (1327 days of training undertaken, this equates to 9.83 days average per employee.) • Annual Absenteeism down to 0.25% • Supporting Apprenticeship and Undergraduate training. Recognised as a Cogent Gold standard training provider • Working with Major OEM across multi-sites to deliver Polymer Training and product development • Continued investment in plant and equipment to remain competitive and provide sustained employment in the area. © The Hi-Technology Group LTD 2012
  • 33. Summary Processes are evolutionary and will continue to change and adapt, we need to be planning and preparing ourselves for this. We want to be a centre of excellence, exploiting new opportunities, new technologies enhancing learning and raising our standards © The Hi-Technology Group LTD 2012
  • 34. Success – Our Awards Exporter of the Year Finalist 2008 2011 – Winner – Growth Business of 2012 Finalist the Year © The Hi-Technology Group LTD 2012
  • 35. Awards 2012 SME Manufacturer of the Year Finalist ICT in Manufacturing Finalist © The Hi-Technology Group LTD 2012
  • 36. The Journey 200? 2012 2011 2010 2009 2008 2007 2006 2005 © The Hi-Technology Group LTD 2012
  • 37. Hi-Technology Group © The Hi-Technology Group LTD 2012