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News
March 2010
Engineering Capacity
Launched in 2009, when market conditions were at their most challenging, Sub-CNC Precision has already invested in extra turning capacity to support growth.
Celebrating their first year in business, joint Company Directors Yian Stavrou and George Dingley of Sub-CNC Precision Ltd reflect on how they launched, and have subsequently grown their sub-contract precision engineering business from a standing start.
Yian Stavrou comments: "We launched Sub-CNC Precision in early 2009, at a time when market conditions were incredibly challenging. Manufacturing businesses were looking to tightly manage cash and control costs, gain efficiencies in their supply chains, and for smarter, more innovative ways of doing things. We saw an opportunity to respond to this by providing high quality products on time and at highly competitive prices, using our combined engineering skills and experience in the turned/milled parts sector, and our fresh thinking, built up over 25 years, to do so.”
“Whilst we appreciated the huge challenges that the market represented, we also recognised that the environment could create opportunities for companies to distinguish themselves – for us, this meant being confident, determined and willing to take bold action!”
George adds: "Our initial focus was on providing a service to other sub-contractors who were seeking a reliable over-spill service where delivery times and quality could be guaranteed. This initial focus allowed us to develop our brand and reputation in the market, strengthen our skills and importantly, develop a number of relationships that would stand us in good stead for the future.”
Within six months of starting Sub-CNC Precision Ltd, the need to invest in more machinery to run alongside their multi-axis Citizen sliding head was apparent, as their customer base and order book grew. Investment was made in a state of the art HAAS fixed head turning centre, expanding their turning capacity from 22mm to 44.4mm bar fed and 220mm chuck diameters.
Yian adds: "This machine has allowed us to bring in-house the larger diameter work we were previously outsourcing and allowed us to tightly control quality and delivery times ourselves. Having conquered the initial learning curve, we are now able to keep set-up times to a minimum on the fixed head lathe, using our multi-axis Citizen for any milling operations that are required."
With an expanding customer base, Sub-CNC Precision Ltd are machining turned parts for companies in the sports and leisure, motor sports, Formula 1, photographic, lighting and electronic sensor sectors, to name but a few. It works with material including stainless steel, inconel, titanium, mild steel, aluminium alloys, brass, copper, bronze, nylon and delrin. It has recently been approved as members of the British Turned Parts Manufacturers Association (BTMA), the Trade Association in the UK for precision turned parts and machined component manufacturers.
It has also seen a demand for its consultancy skills, where it has been able to advise customers on how best to achieve efficiencies through set-up processes and programming methods. For example, a saving of 10% was made for a customer by changing manufacturing methods and speeding up cycle times, with no additional tooling costs.
More recently, Sub-CNC Precision has won a large contract for a blue chip company, involving the complete sub-assemblies being designed, prototyped, field tested, manufactured and assembled in-house. George Dingley comments: “This is a part of the business we have been looking to expand for some time. Being able to design and produce in-house gives the customer greater input to the product, and in return we can offer greater accuracy on lead times and cost.”
Innovation in design will be a key way in which manufacturing businesses will be able to differentiate themselves, and Sub-CNC Precision is well placed to support this.
So what does the future hold? In the near term, Sub-CNC Precision will be expanding its premises, increasing office space and creating a larger area on the shop floor for a further sliding head machine. Mr Stavrou adds: “Our primary focus will continue to be our customers, maintaining and developing trusted supplier relationships and delivering a first class service at a highly competitive price. We also aim to achieve BS EN ISO 9001 standards this year.
“Whilst an early economic recovery is likely to be fragile, many companies have now stabilised their business position and performance sufficiently to begin to think about the future. For Sub-CNC Precision Ltd, whilst we’ve had a clear focus on near term performance, we’ve also been taking steps to position ourselves for the future. We want to support our customers in emerging from the downturn as winners, and to secure this position for our own company too.”
Engineering Capacity
http://www.engineeringcapacity.com/news101/business-news/quality-and-competitive-prices-drive-growth
March 2010
Engineering Capacity
Launched in 2009, when market conditions were at their most challenging, Sub-CNC Precision has already invested in extra turning capacity to support growth.
Celebrating their first year in business, joint Company Directors Yian Stavrou and George Dingley of Sub-CNC Precision Ltd reflect on how they launched, and have subsequently grown their sub-contract precision engineering business from a standing start.
Yian Stavrou comments: "We launched Sub-CNC Precision in early 2009, at a time when market conditions were incredibly challenging. Manufacturing businesses were looking to tightly manage cash and control costs, gain efficiencies in their supply chains, and for smarter, more innovative ways of doing things. We saw an opportunity to respond to this by providing high quality products on time and at highly competitive prices, using our combined engineering skills and experience in the turned/milled parts sector, and our fresh thinking, built up over 25 years, to do so.”
“Whilst we appreciated the huge challenges that the market represented, we also recognised that the environment could create opportunities for companies to distinguish themselves – for us, this meant being confident, determined and willing to take bold action!”
George adds: "Our initial focus was on providing a service to other sub-contractors who were seeking a reliable over-spill service where delivery times and quality could be guaranteed. This initial focus allowed us to develop our brand and reputation in the market, strengthen our skills and importantly, develop a number of relationships that would stand us in good stead for the future.”
Within six months of starting Sub-CNC Precision Ltd, the need to invest in more machinery to run alongside their multi-axis Citizen sliding head was apparent, as their customer base and order book grew. Investment was made in a state of the art HAAS fixed head turning centre, expanding their turning capacity from 22mm to 44.4mm bar fed and 220mm chuck diameters.
Yian adds: "This machine has allowed us to bring in-house the larger diameter work we were previously outsourcing and allowed us to tightly control quality and delivery times ourselves. Having conquered the initial learning curve, we are now able to keep set-up times to a minimum on the fixed head lathe, using our multi-axis Citizen for any milling operations that are required."
With an expanding customer base, Sub-CNC Precision Ltd are machining turned parts for companies in the sports and leisure, motor sports, Formula 1, photographic, lighting and electronic sensor sectors, to name but a few. It works with material including stainless steel, inconel, titanium, mild steel, aluminium alloys, brass, copper, bronze, nylon and delrin. It has recently been approved as members of the British Turned Parts Manufacturers Association (BTMA), the Trade Association in the UK for precision turned parts and machined component manufacturers.
It has also seen a demand for its consultancy skills, where it has been able to advise customers on how best to achieve efficiencies through set-up processes and programming methods. For example, a saving of 10% was made for a customer by changing manufacturing methods and speeding up cycle times, with no additional tooling costs.
More recently, Sub-CNC Precision has won a large contract for a blue chip company, involving the complete sub-assemblies being designed, prototyped, field tested, manufactured and assembled in-house. George Dingley comments: “This is a part of the business we have been looking to expand for some time. Being able to design and produce in-house gives the customer greater input to the product, and in return we can offer greater accuracy on lead times and cost.”
Innovation in design will be a key way in which manufacturing businesses will be able to differentiate themselves, and Sub-CNC Precision is well placed to support this.
So what does the future hold? In the near term, Sub-CNC Precision will be expanding its premises, increasing office space and creating a larger area on the shop floor for a further sliding head machine. Mr Stavrou adds: “Our primary focus will continue to be our customers, maintaining and developing trusted supplier relationships and delivering a first class service at a highly competitive price. We also aim to achieve BS EN ISO 9001 standards this year.
“Whilst an early economic recovery is likely to be fragile, many companies have now stabilised their business position and performance sufficiently to begin to think about the future. For Sub-CNC Precision Ltd, whilst we’ve had a clear focus on near term performance, we’ve also been taking steps to position ourselves for the future. We want to support our customers in emerging from the downturn as winners, and to secure this position for our own company too.”
Engineering Capacity
http://www.engineeringcapacity.com/news101/business-news/quality-and-competitive-prices-drive-growth
