Manufacturing Today Issue - 220 January 2024 | Page 116

NCMT _______________________________________________________________________________________________________________
A few years without pandemics , global supply chain issues , and the ongoing influence of Brexit would help the management team enjoy the next five years a lot more
Through this appointment , we will be able to enhance our offering and continue to provide bespoke solutions that meet the needs of each client ’ s unique project .”
Moving into the new year , Jonathan discusses how NCMT plans to strategically overcome the challenges it has faced in recent months : “ It ’ s no secret that economic and political factors in the UK have an impact on the manufacturing industry . The timing of investment seems to be impacted more than ever by macro factors , which combined with increasingly complex approval structures all delay decision making . To counter this , NCMT has increased its stock holding across the range of Makino EDM , and Okuma machines , helping minimize lead times once the investment has been approved .
“ To build greater stability within the business , NCMT has always supported a wide range of manufacturing sectors , including aerospace , automotive and medical . This ensures that we are not overly reliant upon a single sector . This was particularly evident with the aerospace industry during the pandemic .
We ’ ve learned important lessons from that experience , and the company is now strategically focused on spreading its investment evenly across a variety of sectors in the years ahead .
“ We are already four short years into our tenure of managing NCMT . Our plan for the next five-to-ten years is to build greater resilience and sustainability within the company . Our goal is to ensure that sales increase , so that we can continue benefiting from the strong foundation the company founder set down 60 years ago . A few years without pandemics , global supply chain issues , and the ongoing influence of Brexit would help the management team enjoy the next five years a lot more . But whatever challenges we are faced with , I know that we have the people , experience and expertise to come out on top .” ■
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