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Product category: Engineering Seminars
News Release from: TMS Insight (Wolverhampton)
Edited by the Engineeringtalk Editorial Team on 11 June 2003

Seminar introduces SMEs to six sigma

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TMS Insight is putting together a half-day seminar to introduce awareness to SMEs based on a series of six sigma key objectives.

TMS Insight is putting together a half-day seminar to introduce awareness to SMEs based on a series of six sigma key objectives This will be targeted to SMEs in the Greater Merseyside area

TMS Insight has allocated up to 40% funding to assist SME companies achieve these goals.

The first free of charge seminar will be held in Warrington on the 21st July, from 0930 to 1230.

Networks have become well recognised as a means for providing companies with competitive advantage.

They can act as a mechanism to stimulate the creation of new ideas and change and allow companies to pool and share resources to reduce their costs.

Networks can also form the basis of more formal arrangements of inter-trading or a group of companies coming together to offer themselves to customers as a single supplier where they have complementary skills and capabilities.

The aim of the six sigma networks programme within GME funding areas will be to work with key companies to promote collaboration, at various levels, in order to provide business benefits to groups of SME companies in the Greater Merseyside area.

Networking is extremely beneficial for small to medium sized enterprises (SMEs), which is the TMS Insight/GME target group.

This is because of a number of factors: their access to know-how is limited; they generally have no internal research and development resource; and limited management resource.

This means that they are much less likely to seek out new ways of working, new technologies or new markets.

They also have a limited production capacity and capability, which is, again, extremely relevant to the manufacturing sector, as increasingly there is a requirement for larger volumes supply and for subsystem or systems supply rather than individual components.

Therefore, the whole aim of this part of the six sigma programme is to help companies to achieve benefits which they cannot achieve on their own, but can achieve through working with others who share the same problem or issue.

However, these will not be 'talking shops' but will be based on achieving significant business improvements, such as in new product or process development.

TMS Insight (Wolverhampton): contact details and other news
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