Expand Your Business With The Right ECM

Nowadays with the skills shortages, energy and commercial property costs, the investment required to establish in-house manufacturing can be a real challenge especially for SMEs. Capital equipment costs are high, space is often limited, and you may lack specialist engineering knowledge.

Outsourcing the build of your product to an equipment contract manufacturer handles these problems.

With more internal resources at your disposal, both financially and intellectually, you are free to focus on expanding core areas of your business, such as: research and development, product innovation and business expansion. In order to realise these benefits, you will need to establish effective communication with your chosen ECM. On-time delivery and quality are paramount. Cost is also a huge factor but should be considered in terms of total-cost-of-ownership and value. After all, you get what you pay for. Great communication is the key ingredient that makes it all work. In other words it’s vital to clearly work with your ECM on your exact needs and wants as everybody’s requirements are different.

ECMs have different niche areas of specialisation so it’s important to be able to identify the right supplier that suits your product and company best. Having a dedicated project manager on your project to oversee progress and provide one-to-one feedback as manufacturing itself relies heavily of supply chains, people and technology so in itself is a moving organism. However, with open and honest two-way transparent communication in place, any stress around potential problems will be minimised and solutions optimised at an early stage. So the message is:

“Mind your own business and let your carefully chosen ECM mind your equipment.”

Get in touch on:

+353 (87)137 7434

kieron@dynamicinnovations.ie

 

Tips for Supplier Qualification

I have witnessed literally millions of euros of wasted by OEMs by qualifying the wrong suppliers for their niche services.

There is so much time and effort spent, from initial engagement through to enquiry and on into qualification, to get on the approved supplier lists. This can take 3 to 18 months depending on the customer’s process and dedicated resources. In the meantime, opportunities are missed out on, which is a shame for both customer and supplier. Eventually when the supplier is approved the urgent need or requirement may have changed or the supplier may have fulfilled their capacity with existing or new customers.

To truly handle this, I believe you need a technical business excellence manager and a quality control auditor to access a supplier for suitability and value creation.

At Dynamic Innovations we research hundreds of suppliers to audit a few and end up with the right supplier with the right attributes to fulfil a customer’s “needs and wants” technically and commercially with the right amount of communication for business flow.

It takes a combination of skills to audit a company’s financials, technical capabilities, capacity to expand, quality systems, supply chain, logistics, overall management and culture, to trust as a supply partner. An absence of any of these qualities will affect the business transaction to some degree.

Contact us if you need a new supplier for parts and/or assemblies for sophisticated equipment.

Kieron

+353 (87) 137 7434 | kieron@dynamicinnovations.ie

WHY IRELAND: Turn your manufacturing constraints over to us.
…and open your gateway into Europe and beyond.

Ireland’s brand pillars are the lifeblood to our manufacturing DNA. We take your needs seriously and invest heavily in customer satisfaction.

  • DEPENDABILITY: Always executing on time
  • QUALITY: Consistent reliability
  • COMMUNICATION: Seamless systems
  • COMPETITIVE: For total cost of ownership
  • PARTNERSHIPS: Real, trusted and transparent
  • SCALE: Agility to scale at speed
  • ENVIRONMENT: A sustainable culture

If you would like to enquire about your project, feel free to contact us.

+353 (87) 137 7434

kieron@dynamicinnovations.ie

 

“Domestics” Don’t Happen Just at Home!

The grass isn’t always greener on the other side, you know. Outsourcing is often typically associated with a company using an offshore manufacturer as opposed to domestic suppliers.

The logic: Offshore = cheaper labour.

However, some critical points are missed with this equation: While equipment contract manufacturers can have the necessary equipment, management and skilled staff to supply precise products that adhere to the highest quality standards offshore and domestically, a domestic company bypasses the need for additional shipment steps, safeguards against communication getting lost in translation (for non-English speaking suppliers), and prevents overall management pitfalls.

So, for companies considering to move their production to an ECM, turn that “offshore leap of faith” into a “domestic strategic transition”.

Modular Automation is an Irish equipment contract manufacturer we stand proudly next to, in providing domestic solutions for reliable, Industry 4.0 manufacturing, serving at the gateway of Europe to the East and the USA to the West.

Talk to us about your equipment contract manufacturing needs.

+353 (87) 137 7434

Kieron@dynamicinnovations.ie

5 Reasons (+ 1 Bonus Reason) to Attend Trade Shows and Exhibitions

Should you attend exhibitions?

The answer is a resounding YES!

As the world lifts out of a near post-pandemic scrap to survive, missing out on fully accessible events and exhibitions could mean missing out some great opportunities to not only heal your business, but to expand your business. Here are our top 5 reasons to make sure a representative of your company attends these events:

1. Industry Knowledge
With innovators and technology continually evolving, exhibitions are a great way to keep up-to-date on industry know-how, tools, facilitators, resources, suppliers, trends, products and so much more.

2. Trial and Error
Why make mistakes yourself when your competitors can do it for you! Exhibitions enable you to check out what your competitors are doing, their products, presence (branding, messaging and personality), industry direction and attendee interest. All of this gives you an insight into what works and what doesn’t so your business and marketing efforts can be focused solely on what does work.

3. Brand Awareness & Marketing
As an exhibitor, not only can you use these events as a platform to showcase your company’s offerings, capabilities and personality, but you can also gain free social media exposure by piggybacking off the event’s own social media activity on the day. And all of this TO YOUR TARGET AUDIENCE!
Even as a visitor, you can still market your company to a degree by one-to-one engagement with stallholders and other guests. It’s really a no-brainer!

4. Tap into a Pool of Potential Clients
No matter what level your business is at, or even what role you have in the company, networking is a must. Exhibitions and trade shows provide a pool of potential clients, potentials suppliers and even potential supporters. This is where you can leverage the power of events through the connections it attracts. Out of this hub of industry experts, you can establish one-to-one friendships and allies by sharing your USP through personal connection.

This point cannot be underestimated!

5. Prospecting > Leads > Sales!
You just might have the opportunity to sell by leveraging off an already engaged gathering of people. If not a closed deal, you can certainly prospect and generate valuable leads.

BONUS REASON – Get Out of the Office & Get in With Your Tribe!
Having so many restrictions has kept us indoors for far too long. As facilitators to the industry (both suppliers and customers), physically integrating into the world of manufacturing in all its glory is like food for the soul! It truly is.

We’re currently at the Med-Tech Innovation Expo at the NEC in Birmingham, UK. With over 4000 attendees and floorspace so large it requires trainers or other suitable footwear to comfortably manage all the walking (see photo for evidence), we are absolutely LOVING meeting industry peers and meeting new people!

When you get out and about, visiting like-minded industry experts, employees and fans, you know you’re in your tribe and your confidence to expand your horizons for your business will hit the roof!

So get out there folks, and start attending relevant trade shows and exhibitions now!

Value Engineering Benefits

Sometimes, design engineers under or over specify fit-for-purpose project requirements. Along with a host of new materials now commercially available on the market, advanced manufacturing has opened up a range of processes that were not previously possible.

Specialists in design-for-purpose and manufacturability are generally up-to-date with materials and how best to design cost effective solution, but designers with a toolmaking DNA are known to combine a holistic balance of simple mechanisms to solve complex problems, coupled with the right grade and treatment of materials. These skills feed into the commercial challenge of providing competitiveness, which includes aftermarket service to provide spare parts and ease of serving the unit.

It can be a challenge to keeping informed with manufacturing techniques, material science and process improvements unless you are at the cutting edge side of the industry, so be sure to have dynamic partners to collaborate with for your designs, as the cost of getting it wrong can mean your kit doesn’t make it in the market.

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