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QM Systems FinnCap March 2009. QM Systems Nick Field - MD. Who Are QM Systems Key Strengths Markets and Opportunities Strategy Timeline Recent Progress. Who Are QM Systems ?.
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QM Systems FinnCap March 2009
QM SystemsNick Field - MD • Who Are QM Systems • Key Strengths • Markets and Opportunities • Strategy • Timeline • Recent Progress
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
Key Strengths • 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
Markets and Opportunities • Opportunities • Test and Inspection equipment • Bespoke production equipment • Aerospace • High Complexity • Low Volume • Automotive • Medium to High Complexity • Medium to High Volume • Test and Inspection equipment • Bespoke production equipment • Production, test and inspection automation • Rail • Medium to High Complexity • Low Volume • 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
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
Interim solution for Midlands based manufacturing Long term commitment For manufacturing Add service support infrastructure Add Internal mechanical Skills Develop customer base multi industry test solutions Establishing service contracts with key customers Target automation and production opportunities Establish 5 yr Plan Timeline Operations 2008 2009 2010 Business Development Business Growth
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
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”.