Our Raising your Game initiative presents experts from Majenta Solutions, our partners and inspiring, well-valued industry leaders to share experiences and knowledge to help our customers keep their companies relevant tomorrow and stay ahead of the competition, utilising best practice, innovation, collaborative partnerships, digital transformation and supply chain excellence.
Luke has spent a number of years with SMMT; one of the UK’s largest and most influential automotive trade associations, and is the lead for its supply chain activities. The development of the UK supply chain is paramount to the continued growth of the UK automotive sector and a key area of focus for the SMMT. Working primarily with vehicle manufacturers and tiered suppliers, Luke’s work focusses on developing and delivering key supportive mechanisms that help UK suppliers develop and grow. He’s been heavily involved in key automotive initiatives including the Automotive Council, the government-backed £50m LTASC supplier development programme and the launch of Automechanika Birmingham in the UK.
Who are the SMMT?
The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. Its resources, reputation and unrivalled automotive data place it at the heart of the UK automotive industry.
SMMT is the voice of the UK motor industry, supporting and promoting its members’ interests, at home and abroad, to the government, stakeholders and the media.
SMMT represents more than 700 automotive companies in the UK, providing them with a forum to voice their views on issues affecting the sector, helping to guide strategies and build positive relationships with government and regulatory authorities.
Automotive Industry Update:
1. Overview:
- UK Automotive sector had a turn over of £77.5 Billion in 2017
- 1.67 Million vehicles are manufactured in the UK annually
- There are more than 814,000 jobs within the UK automotive sector
- The UK is currently the 2nd largest European car market
2. Issue and Opportunity Areas:
- Brexit:
Single Market, customs, talent, regulation, trade and tariffs
- Battery Manufacture Supply Chain
Raw materials, material processing, cell components, battery cells, battery modules, battery pack, full electrification by 2020.
- Connected and Autonomous Vehicles
320,000 jobs have been created, opportunities for the UK to make an impact with simulation opportunities.
- Business Model Innovation / Market Disruption
Ownership and business models are changing, take Uber and Drivenow for example.
Summary:
- The UK Automotive industry is at an interesting crossroads
- The tension between Brexit and technological direction is shifting
- This is a unique period of transition providing a significant opportunity
- Down to UK companies to capitalise as soon as possible
“This is a once in a generation transition from our current operational methods to a different landscape in the future.”