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Achieving Excellence in Delivery: Cobham Engineering Forum Presentation by Simon Stephens

Explore the importance of excellence in delivery for growth, competitiveness, and customer satisfaction in the engineering sector. Learn how Cobham is implementing new ways of working to enhance operational performance and drive sustainable growth in 2012. Discover the strategies and priorities outlined by Simon Stephens during the forum.

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Achieving Excellence in Delivery: Cobham Engineering Forum Presentation by Simon Stephens

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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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