The recent approval for the new nuclear plant at Hinckley Point had businesses across the region breathing a sigh of relief. Hundreds of companies locally and further afield pre-registered to become part of the supply chain solution for EDF Energy and its contractors with the aim of securing long term work in the region. With 90 major tier 1 contractors requiring further supply chain contracts of their own, the opportunities for businesses in and around the region are huge.
Many smaller local businesses took the step to improve their own staff development and training and internal processes with the aim of being ready and able to meet the demands of the project. The project which will take approximately 10 years to complete will provide more than 25000 jobs and have more than 5000 people working on site at any time. It is anticipated that it will provide 900 permanent jobs on completion.
Your supply chain is your way of getting your goods or services to end consumers from obtaining raw materials to delivering the final product. The size of a supply chain will depend on the type of business you are. Small businesses may not have too many suppliers to deal with, where as a large or multi national company may have hundreds of suppliers to manage on a daily basis.
Supply Chain Management
Supply chain management is all about optimising your business operations to ensure speed, efficiency and cost effectiveness. Today, ethical sourcing and sustainability also play a major part in decisions about supply chain partners. The wider economic and environmental issues are a factor for many companies when considering applicants to their supply chain, as well as how the applicant manages their own business. Your values and how you perform as a business is just as important as your ability to deliver an end product.
PRV Engineering recently became a rated supplier on the Chartered Institute of Purchasing and Supply Sustainability Index. This means PRV Engineering have demonstrated excellent sustainability in Economic, Environmental and Social terms.
The CIPS Sustainability Index gives a 360 view of the sustainability of a business and the Index allows for expedited relations between buyers and suppliers. Often similar questions will be asked of a buyer or supplier throughout the course of every deal, the answers to which may also be very similar. Recognition by the CIPS Sustainability Index assures both parties that the entity they’re dealing with is reputable and reliable.
Quality control in manufacturing is essential to provide your clients with high quality products and customer service.
Failing to run quality control checks in an effort to provide a quick service and get products shipped out sooner can backfire and result in costly product recalls by your end client. Ultimately, that means loss of business and increased costs for them. It may even result in you losing your client. So, as a manufacturer, quality control is essential.
You want your clients to receive high quality goods and products and be happy with your service. Ensuring quality control along the way in your manufacturing processes will maintain a reputation for delivering products without defect, enabling you to retain your clients and benefit from repeat business.
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