• UK
foundry closure January 2002.
•
Outsource scope – fully machined and painted bearing housings, £2.5
million spend, 150 line items.
• Interim sourcing solution implemented to provide supply security,
plant closure target date and cost savings.
• Extensive market research backed up by supplier appraisal visits
to China November 2003.
• Development and implementation plan agreed by February 2004 with
2 suppliers.
• Core range (18 items) approved and in full production by September
2004.
• Balance of range developed, approved and in full production by July
2005.
• UK contingency facilities shut down August 2005.
•
Cost savings achieved £1.1 million.
• Delivery schedule adherence 92%.
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