_____________________________________________________________________________________________________________
ONTIC
a difficult time . We ’ re seeing an increase in defense budgets , so there ’ s a good chance we will invest in that side of the business throughout 2024 . We ’ re also going to be working on operational improvement , which essentially entails the optimization of all our operations . For example , we will be looking into where we can improve lead times and customer interfacing processes .
“ Our strategy will largely remain consistent for 2024 . We want to continue what we are doing , growing and improving with every project we undertake . We will remain focused on serving the customer , developing strong product lines and licensing them accordingly . We ’ re already seeing this strategy come to life , which is very promising . We are hoping this year will be as successful , if not more , than 2023 . Personally , I think we should be very optimistic .”
As a forward-thinking organization , ONTIC has big plans for the future well
beyond the next 12 months . As Gareth emphasizes : “ In five years ’ time , ONTIC will have continued to evolve into a company twice its current size . The business will remain focused on strategy and serving all its valued customers and partners . We will need to remain agile and adapt our offering to the industry as it changes .”
Revealing his thoughts on the road ahead , Brian concludes : “ The next five years will be all about operational transformation . By optimizing our processes , we will be able to scale the business indefinitely , which is a very exciting prospect . For me , it ’ s a great opportunity to take the lessons we ’ ve learned and enable growth for the next five years and beyond . We ’ re now at the start of that journey , and we don ’ t intend on stopping anytime soon . It ’ s going to be a lot of fun .” ■
www . ONTIC . com
manufacturing-today . com 139