Two North East businesses on the Supply Chain North East programme have formed a long term working relationship after meeting at the NEAA expo in September.
Renovo Solutions, a CNC-equipped tool manufacturer, joined the Supply Chain North East programme back in August last year. During attendance at the Expo, Renovo met with fellow Supply Chain North East participants, Turnmill Engineering.
Turnmill, an outsourced ‘Kaizen Workshop’ with in-house design capability in Washington, was looking to engage with a company that had expertise in cutting tool manufacture. Renovo was the ideal solution and both companies have since formed an ongoing partnership.
The relationship was quickly established when Turnmill provided Renovo with a sample of a broken component from a customer’s production line, along with details of materials and machinery used to cut the part. The component contained a repeating serrated form which was analysed by Renovo. Using this data, Renovo produced an indexable cutting tool to replicate the form on time and on budget.
After working with Renovo, Turnmill noticed a cost reduction in tooling expenditure thanks to an increase in tool life through re-sharpening. This has enabled Turnmill to reduce costs and pass the saving onto its customers.
Antony Gray, Founder of Renovo Solutions said: “After meeting Turnmill it was clear Andrew and the team had a clear vision to deliver exceptional service to new and existing customers. Renovo introduced its offer and we got into a discussion about tooling issues.
“We have worked with Turnmill to deliver cost savings through a sustainable tool reconditioning service and increased productivity with special carbide cutting tools specifically designed for Turnmill’ s application. We look forward to continuing our working relationship with Turnmill in the future.”
Andrew How, Director of Turnmill Engineering added: “We were impressed with Renovo from the very first meeting with Antony. We have noticed a cost reduction in our tooling expenditure by increasing tool life through re-sharpening so this partnership has been of significant value. It was great to secure an introduction and create a new partnership through the Supply Chain North East programme.”
Supply Chain North East aims to empower businesses to diversify their offering, expand their customer base and unlock untapped opportunities into new markets. The programme brings together four key partners to work with over 800 businesses through to 2021, supporting them to identify opportunities in new and existing markets. An integral part of the North East Growth Hub, Supply Chain North East is delivered across the region by RTC North, Generator, North East Automotive Alliance (NEAA) and North East Process Industry Cluster (NEPIC).
Supply Chain North East is a multimillion programme aimed at revolutionising the way SMEs diversify their offering and embrace new markets. The programme has received more than £3m of funding from the England European Regional Development Fund, which is part of the European Structural and Investment Funds Growth Programme 2014-2020.
To find out how Supply Chain North East can help your business explore opportunities to branch out visit www.supplychainnortheast.co.uk