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Published byDarren Russell Modified over 9 years ago
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QM Systems FinnCap March 2009
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QM Systems Nick Field - MD Who Are QM Systems Key Strengths Markets and Opportunities Strategy Timeline Recent Progress
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Who Are QM Systems ? QM Systems are a specialist engineering company offering a leading edge range of diverse products and services to the Automotive, Aerospace, Rail, Military, Medical and other related industries. These include:- Electrical and electronics test solutions Development test solutions Portable test solutions ‘In-Line’, ‘off-line’ or lab based test solutions Vision inspection systems Mechanical and electronic inspection systems Handling, transfer and assembly systems Mechanical and electrical / electronic production aids Special tools Mechanical jigs, fixtures and stilages One stop shop for production and test equipment
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Key Strengths –All round solution provider Mechanical Electrical / Electronic Software –Customer focused in terms of quality, cost and delivery (QCD) –Very strong project management pedigree –Focused on quality with robust implementation of procedures –Holds QS 9001/ 2000 and ISO 14001 –Powered by dedicated and capable professionals –Pedigree earned in Aerospace –Professional –Dynamic – can react quickly to market requirements
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Markets and Opportunities Aerospace –High Complexity –Low Volume Opportunities –Test and Inspection equipment –Bespoke production equipment Automotive –Medium to High Complexity –Medium to High Volume Rail –Medium to High Complexity –Low Volume –Test and Inspection equipment –Bespoke production equipment –Production, test and inspection automation –Test and Inspection equipment –Bespoke production equipment Pharmaceutical –Medium to High Complexity –Medium to High Volume –Test and Inspection equipment –Bespoke production equipment –Production, test and inspection automation
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Strategy Diversity –Multiple markets, multiple clients –Establish key accounts across industries –Depth and breadth Target Business –Test systems –Production systems –Automation –Balance between project and repeat business Services –To offer mechanical, electrical and software services –To be a ‘one stop shop’ for complete systems –Service and support – a complete service
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Timeline 2008 2009 Develop customer base multi industry test solutions 2010 Add Internal mechanical Skills Interim solution for Midlands based manufacturing Long term commitment For manufacturing Target automation and production opportunities Establishing service contracts with key customers Add service support infrastructure Establish 5 yr Plan Business Growth Operations Business Development
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Recent Progress Established relationship with 4 Key Automotive and Tier 1 Manufacturers –Further opportunities and growing Exploring relationships with Rail clients Expansion within historic core market - Aerospace –Goodrich, Airbus, BAE, Honeywell, Bombardier –Expanding into mechanical based test equipment Exploring relationships in Pharmaceutical RFQ’s received –8+ Substantial RFQ’s under quotation Dramatic improvement in conversion to orders >75% Order book at its healthiest level for 18 months and increasing Potential for acquisition of complementary products / services Investment in new 3D CAD package SolidWorks to support business growth Investment in Mechanical engineering expertise Investment in additional build facility (c3000sqft) in Worcester Diversity, Stability, Growth
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Our Mission “Our mission is to be the partner of choice for assembly, automation and test solutions across all industries. We have set ourselves the goal of positively influencing the success of our clients and becoming a valuable and respected partner in their future”.
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