Eden Farm Ltd
Eden Farm, frozen food distribution specialists, based in Peterlee, County Durham, has benefitted from a two-associate Knowledge Transfer Partnership, one in finance and the other in engineering.
The scheme is providing new financial modelling for the company's business structure and in a single three month period Eden Farm experienced a staggering 25% saving on pricing comparisons.
The Engineering KTP is identified and introduced lean manufacturing methods to streamline existing business processes. The company projected a £100,000 increase in incremental profit within 12 months due to improvements the KTP is bringing to current business systems and exceeded this expectation.
Managing director of Eden Farm, Frank Stephenson, said: "KTPs are an excellent opportunity for companies to get a brand new perspective on current business issues and identify practical solutions.
"I am delighted with the results. The company is going through a period of growth and we have to ensure that the correct processes and procedures are in place to build on that success and make certain it is sustainable in the future"
Both Associates have been employed by the company and one of them collected his Business Leader of Tomorrow award at the KTP Awards in 2008.
Eden Farm has had a further KTP approved and is continuing to work with Durham Business School.
KC Engineering Ltd
KC Engineering's KTP Associate, Ryan Maughan, has demonstrated very well the career progression that KTP can provide.
Ryan was recognised as Business Leader of Tomorrow at the KTP Awards in 2004 whilst he was working with KC Engineering. The project developed from its original technical aim of developing new high-performance bearing materials to include the development of a marketing strategy, closer liaison with customers, and success in ISO 9000 and Investors in People awards. Click the link below to watch the video case study about the KC Engineering project which is about three minutes long.
KC Engineering followed this by winning a KTP Award in 2007 for its achievements and those of Ryan Maughan who has now set up his own company here in the North East. KC Engineering is going from strength to strength and is busier than ever, a wonderful example of how KTP influences the life of a business even after the project has ended.
Ryan is a great example of someone who developed managment and business skills during the KTP project and is now putting them in to practice every day at ComeSys Europe Ltd where he is Managing Director.
Video Case Study
- ryanl_hb.wmv (last modified: 26 April 2006) - WMV file
Continental Chef SuppliesCCS Ltd sells high quality kitchen and restaurant supplies, via mail order, to 4 and 5 star establishments worldwide. The business had grown significantly between 1996 and 2001 and had reached a point where the internal operating systems were overloaded.
Under the Knowledge Transfer Partnership with Durham Business School, the KTP Associate analysed the company's business processes in purchasing, warehousing, logistics and customer service and undertook a two year programme of improvement to enable CCS to grow further and meet customer requirements in a more professional and timely way.
As a result, the company has tendered successfully for major new restaurant supply contracts and has also improved its every-day service to customers.
At the end of this project, the KTP Associate was employed as Purchasing Manager at CCS and is now a key member of the management team.