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Excellence in Delivery Engineering Forum 19 th April 2012

Excellence in Delivery Engineering Forum 19 th April 2012. Presenter: Simon Stephens. 2012. Cobham - Three priorities for 2012 . Organic growth Excellence in Delivery Develop our people. Why Excellence in Delivery?. Our products are good, but our delivery simply isn’t good enough

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Excellence in Delivery Engineering Forum 19 th April 2012

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  1. Excellence in Delivery Engineering Forum19th April 2012 Presenter: Simon Stephens 2012

  2. Cobham - Three priorities for 2012 • Organic growth • Excellence in Delivery • Develop our people

  3. Why Excellence in Delivery? • Our products are good, but our delivery simply isn’t good enough • Customers are demanding more • Too much rework, everywhere • Competition is getting tougher • Technology is no longer enough • To grow, we need to change • Golden opportunity to raise the bar in our sector

  4. Where does Wimborne fit in? • The market leader in air refuelling and top 3 in Weapons, carriage and Release • 12% organic growth forecast - reduce the overdues and hit the plan • We are looking for sustained growth in an opportunity rich environment • Delivery is critical on programmes: FSTA, A400M, KC-46, KC-390, Eurofighter • Aftermarket performance pivotal to customer satisfaction and financial performance

  5. EiD - What Are We Doing? • Design and implement better, standard, ways of working for Production, Supply Chain and Engineering • Improve our operating performance to position us for future growth • A new Enterprise Resource Planning (ERP) system to enable the processes, give us better information to run the business, and take out rework • Integrating smaller businesses into our 14 principal locations to use the capacity and skills we are building

  6. Standard Operating Framework • Introducing new ways of working across four important aspects of our operations: • Engineering – how we design products • Supply chain – how we source the materials for our products • Business win – how we sell our products • Production System– how we make our products

  7. SOF-PS has been implemented in each of our Value Streams and has had a positive impact on our Operational KPIs:

  8. SOF-PS has been implemented in each of our Value Streams and we can see the physical changes: • Performance Boards and Visual Management have been established for each of the Value Streams • Daily Standups are being held and issues escalated • The process continues to evolve and improve

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