Taking a Deep Dive CME’s Technology Assessment Program 1
Welcome This session will be recorded.
Bill Bruton Account Executive Bill.Bruton@SHEAGlobal.com
We believe there is potential for excellence in every business 4
Our Offices and Customers SHEA Global Offices SHEA Global Customers Canada, USA, United Kingdom, Germany, Switzerland, France, Holland, Sweden, Denmark, Belgium, Spain, Italy, Sri Lanka, India, Mauritius, South Africa, New Zealand, Australia, Malaysia, Singapore, China, Vietnam, Philippines, Jamaica, Barbados, Mexico 5
Our Industry Focus Manufacturing, distribution, and project-based businesses. Other Industries Project-Based Retail Manufacturing Defense Municipalities Aerospace & Defense Utilities Non-Profit Agri-Food and Bev. Business Services Automotive & Healthcare Construction Transport Computer Hardware Hospitality Consumer Goods Defense Electronics Fashion Food & Beverage Machinery & Equipment Medical Devices Plastics & Rubber Pharmaceutical 6
Kevin Hollis Account Executive Kevin.Hollis@SHEAGlobal.com
Agenda • Overview of CME’s Technology Assessment Program • Qualifications, Criteria & the Application Process • You’re Approved! What Happens Next? • How We Can Help – The Assessment & Business Review • Questions
Program Overview 9
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Purpose and Overview Investing in new productive assets and technology is critical to keep manufacturers competitive. Over 40% of manufacturers identify uncertain return on investment as the main reason why they are not investing in new technology. CME’s Technology Assessment Program helps companies understand what technologies are best suited for their needs and provides greater certainty on their investments. 11
POTENTIAL BENEFITS OF TECHNOLOGY ADOPTION LOWER OPERATING INCREASED PRODUCT HIGHER INNOVATION INCREASED CUSTOMER COSTS QUALITY CAPACITY SATISFACTION 12
Qualifications, Criteria & The Application Process 13
CME Landing Page and Pre-Qualification 14
Qualifications and Criteria • Manufacturer based in Southern Ontario • Incorporated (federally or provincially) for 2 years or more • Must demonstrate financial stability • Greater than 15 and fewer than 500 (FTE) in Southern Ontario • Companies are not required to be a member of CME to be eligible • Not receiving other contributions toward the activities contained in the funding application from other government funded programs, including but not limited to: • University or College Funding programs • Export Funding programs • Other related government funding programs 15
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The Application Process • 2 Years of Financials • Attested Letter from Signing Officer • Choose your Qualified Service Provider https://cme-mec.ca/wp-content/uploads/2020/06/Phase-1- Eligibility-Form-for-Technology-Assessment-Program2020.pdf 17
The Approval Process CME approved CME connection Conduct initial Authorization to Complete 90 Contribution applicant and assessment & proceed letter. days Agreement SHEA proposal. (contract). Global/QSP. 18
You’re Approved! What Happens Next? 19
SHEA Blueprint – Your CME Technology Assessment 20 20
Potential Areas for Improvement 21 21
SHEA Blueprint ~ Objectives Gather current Re-engineer and future business requirements processes Map key processes to Risk mitigation technology Provide options 22 22
SHEA Blueprint ~ Process Formal interviews Lab time to consolidate findings Clarifications/gaps Solutioning Presentation 23 23
SHEA Blueprint ~ Deliverables Recommendations Findings Approaches and architecture 24 24
Sample Blueprint 25 25
Blueprint Summary Options - Sample 26 26
How We Can Help – The Assessment & Business Review 27
Business Review 28 28
Sample ROI Dialogue 29 29
Cash Flow Opportunity • Reduce Working Capital by > $1M Barriers Challenges • Billing Earned Value • Long Lead Times • Planning Forecasting Strategies Alignment • MRP • Capacity Planning Expected Results • Free up $1.3M - $3.4M 30 30
Cost Savings Opportunity • Reduce Expediting Exp • Reduce Overhead • Improve HR processes Barriers Challenges • Demand Visibility • Legacy non-integrated ERP silos Strategies Alignment • ERP with MRP, PLM, Finance, HR • Workflow, Sales & Operational Planning Expected Results • Gain of $460K+/yr ~ $ 1.5M/3yr 31 31
Throughput Opportunity • $ 0.23 gross/net profit per $ 1.00 increase in productivity Barriers Challenges • Material, Equipment & People in the right place at the right time • Material Management and Scheduling Strategies Alignment • MRP, • Master Production Scheduling • WMS Shop Floor Data Collection – Real Time Expected Results • Increase net throughput of 1% - 3% ~ $ 230K - $ 690K /yr 32 32
Summary of Business Drivers Cashflow • $ 1M - $3M in freed up working capital Cost Savings • ~ $1.5M over 3 years Throughput Gain • ~ $ 700K - $ 2M over 3 years Combined 3 Year Savings & Gains • $ 2.2M - $ 3.5M 33 33
What to Expect from SHEA Global 34
Blueprint Team Account Manager for CME-TAAD Solutions Architect And Innovation Delivery Project Manager Subject Matter Expert(s) Consultant Business Analyst Support Manager Development 35 35
Our Capability SHEA Global is capable of supporting our client’s varying needs, helping ensure they realize maximum potential and value from their technology investment : Business Process Review Project Management Solution Blueprinting Change Management Consulting and Implementation Software Training Workflow Automation Digital Transformation System Integration Disaster Recovery Development and App Building Ongoing Support 36 36
Our Approach & Methodology • Proven Solution We believe this approach contributes to a platform for sustained growth • Proven Methodology From Blueprint to Solution Design to Project Execution, our methodology has been shown to be effective in helping our customers reach operational excellence 37 37
Our Support & Project Team It’s about the long-term Our support desk team relationship for SHEA is top line. Global. Our Consultants and Support Team have a We don't sell and walk wide variety of away. Business Better. experience. 38 38
Questions?
Questions? Need help? Want to start your application? If you have any questions, need assistance or looking for more information we’re here to help. info@SHEAGlobal.com www.SHEAGlobal.com North America: +1 (289) 317-1959 Europe and Asia: +44 121 393 4588
Thank You 41
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