COVID ID-19 Webinar: : In Information and Support for Manufacturing SMEs Friday 3 rd April 2020 | 11:00 – 12:00 swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Contents: • Introduction to SWMAS Ltd • Top Questions from SME’s (last week and through our barometer) • What Support is available through SWMAS Ltd • NHS supply chain update • Risk management and business advice • Call to Arms – Practical Case Study • Questions? swmas.co.uk | 01278 767 010 | info@swmas.co.uk
In Introduction to SWMAS Ltd • SWMAS: Supported > 2000 SME manufacturers across South West of England since 2002 We deliver a number of support programmes: HVMAP, HPC, SEIC • Many companies asking questions around how to handle COVID-19 Purp rpose of of thi this se sess ssion: • To help share information in relation to how to deal with COVID-19 • Understand what support is available through SWMAS & the wider network swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Common questions from last week’s webinar & enquiries • Can my business stay open? • Staff Retention Scheme • Accessing Financial Support • Lost order book - Some sectors hit hard e.g. automotive/aerospace • Inundated with demand – e.g. NHS Suppliers, Food, Pharma swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Gathering Information How COVID-19 is is affecting SME Manufacturers* • 83% of respondents have seen a reduction in staff attendance • 80% reported an impact on their supply chain engagement • Only 13% said their production levels have increased as a result of COVID-19 • 14% of businesses who have responded are unsure whether or not they can support the Government’s call for additional NHS equipment • 19% said their business requires advice around risk management and strategic planning to get them through this crisis *D *Data tak aken fr from om curr current Man anufactu turin ing Bar arometer sur survey on on 01.0 .04.20 swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Can my busin iness stay open? A list of businesses that are required to close are listed on the government website here. Manufacturers are not required to close, but must follow government advice: • Vulnerable people must remain at home in isolation • Those who can work from home MUST do so • Social distancing applies whilst at work – 2 meter distance between workers swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Coronavirus Job Retention Scheme * Click here for more details* swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Fin inancial Support • De Deferrin ing VAT payments – au automatic holi oliday until til Jun June • Busi siness In Interruption Lo Loan Sc Scheme o Due diligence must still take place by the lender o Full security guarantees are normally still required o LI LINK to o loa loan sch cheme crit criteria ia and in information • Sm Small ll busi siness grant fu fundin ing o One-off grant of £10,000, eligible if: 1. Your business is based in England AND AND 2. You are a small business and already receive SBRR and/or RRR AND AND 3. You are a business that occupies property o No need to apply, your local authority will write to you o LI LINK to o small busin iness gr grant fu funding in information swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Poll ll: Dis isru ruption to your supply chain What supply chain challenges are you currently seeing? Results: H) PAYMENT UPFRONT FOR 0 GOODS G) PRICE INCREASES FROM 0 SUPPLIERS F) PAYMENT TIMES SHORTENED 0 FROM SUPPLIERS E) PAYMENT DELAYS FROM 8 CUSTOMERS D) NEW ENQUIRIES 1 C) SUPPLIERS SHUTTING DOWN 14 B) ORDERS BEING CANCELLED 7 A) CUSTOMERS SHUTTING DOWN 20 NO OF VOTES swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Opportunit ity to offer coronavir irus (COVID-19) support from your busin iness Urgent requirements: • Medical testing equipment • Manufacturing equipment • Warehouse or office space, for medical use or • Medical equipment design storage • Expertise or support on IT, manufacturing, • Protective equipment for healthcare workers, construction, project management, procurement or such as masks, gowns and sanitizer engineering • Transport and logistics, for moving goods or people *If If you may be able le to help wit ith any of f th the above REGISTER YOUR BUSINESS HERE* swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Opportunities for Supply ✓ Check public procurement websites ✓ Look into Openopps, a free resource that tries to pull together all open source tenders – www.openopps.com 65,395 live opportunities from 189 countries around the world swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Covid-19 Specific Support CLICK HERE to o vis visit it ou our web ebpages, whic ich ou outl tlin ine e COVID-19 support t for or manufacturin ing companie ies swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Poll ll: How would you categorize your current sit ituation? Survival or Rapid Growth? Results: B) HIGH DEMAND? 5 A) SURVIVAL MODE? 47 NO OF VOTES swmas.co.uk | 01278 767 010 | info@swmas.co.uk
Support Offered by SWMAS • The Team • Busi siness / / St Strategy Revie iew • Gr Grant Fu Fundin ing • 12 12 Hrs Busi siness Ass ssist • Wid ider Ne Network Brokerage • Lin Links to o op opportunitie ies • Case ase Example – End of of Se Session swmas.co.uk | 01278 767 010 | info@swmas.co.uk
SWMAS Support - Advisor Team De Devon Do Dorset Glou loucestershire Wilts iltshire Som omerset Phi hil l Hal Halse Da David id Pitfie field ld Alun Al un Jam James Ton ony y Ma Mattravers Pau aul l Gil Gilbert 07519 121 095 07971 597 006 07989 993 897 07972 773 536 07980 347 502 phil.halse@swmas.co.uk david.pitfield@swmas.co.uk alun.james@swmas.co.uk tony.mattravers@swmas.co.uk paul.gilbert@swmas.co.uk Central Office: 01278 767 010 | info@swmas.co.uk
SWMAS Support Business Review: An online review of your business to help direct support, covering the following areas: • Company Strategy (Revised Covid-19 Strategy) • Sales & Marketing (Accessing new opportunities) • Supply Chain (Understanding requirements, reshoring, new suppliers) • Operations (Utilising/repurposing existing assets) • Innovation (Design capability, re-engineering, R&D tax credits) • People (CPD, Training & Development) swmas.co.uk | 01278 767 010 | info@swmas.co.uk
SWMAS Support ERDF HVMAP Business Grants: • Grant funding available between £2k - £5k (depending on LEP area) • Can support Capital purchases <£25k or 3 rd Party delivered Projects • Typically at 20% match funded e.g. Total Project Cost £20k grant £4k • Simplified 4 page application • Application approvals with 48 hrs swmas.co.uk | 01278 767 010 | info@swmas.co.uk
SWMAS Support Business Assist: 12 hrs of advisor support • Webinars • CP CPD D Training: A series of Productivity Masterclasses, including the following subjects: o o Tar argetin ing g Imp mprovement Prob oble lem So Solvin ing o o Peop eople le and and Prod oductiv ivit ity Team eam Dyn Dynamic ics – DI DISC SC Profi ofili ling o o Employee Eng Em Engagement Lean Lean Too ools & & Tec echniques • Revise you our bu busin iness Str Strategy - Rapid Demand or Survival • New Op Opportunit ities - How do you align capabilities to them • Sce Scenario Pl Planning - Available Capacity, Leadtime Analysis, Bottlenecks • Ris Risk mit itig igation - Supply chain • St Stakeholder map apping swmas.co.uk | 01278 767 010 | info@swmas.co.uk
SWMAS Support Brokerage: S ignposting to Wider Support Network • Acc Access to o Ad Additional l Bu Business Su Support & & Fu Fundin ing • Lin inking ca capability to o Ur Urgent National Su Supply Ca Calls ls e. e.g. g. • Ventilators • UK’s National Resilience programme via Catapult • Injection moulding & PCB Capability • Lin Linking local capabilit ity to o local su supply call lls e. e.g. g. • >4000 company capabilities registered to HPC • Hospital Metalcraft (Bristol Maid) – Request for skilled staff • South west Gin company - request for mixed containers swmas.co.uk | 01278 767 010 | info@swmas.co.uk
SWMAS Support - Wid ider National Networks • Government Business Support - Department for Business, Energy and Industrial Strategy – CLICK HERE • Department for International Trade - help for businesses trading overseas – CLICK HERE • Innovate UK - UK Research and Innovation - innovation funding advice – CLICK HERE • Enterprise Europe Network - matching international partnerships – CLICK HERE • High Value Manufacturing Catapult - accelerate new concepts to commercial reality – CLICK HERE • Make UK - Manufacturers Organisation - formerly Engineering Employers Federation – CLICK HERE • Manufacturing Technology Centre - part of high value manufacturing catapult – CLICK HERE swmas.co.uk | 01278 767 010 | info@swmas.co.uk
SWMAS Support - Wider Local Networks • LEP (Local Enterprise Partnership) Growth Hub and Gateway support in each county. • Cornwall https://www.ciosgrowthhub.com/ • Devon https://www.heartofswgrowthhub.co.uk/ • Dorset https://www.dorsetlep.co.uk/dorset-gateway • Gloucester https://www.thegrowthhub.biz/gloucester • Somerset https://www.heartofswgrowthhub.co.uk/ • Wiltshire https://growthhub.swlep.co.uk/ swmas.co.uk | 01278 767 010 | info@swmas.co.uk
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