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Discover how NMI can help transform your business by aligning your strengths with the supply chain needs of OEMs and Tier One suppliers. Our proven process enables manufacturers to increase sales and reduce operating costs through easier sourcing, procurement, and new market entry. Explore opportunities in less crowded markets and enhance your product development. Join our workshops to develop a tailored growth plan and improve your supplier attractiveness. Register now and start your journey towards meaningful innovation and market positioning.
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What is NMI? A way to grow your business by: Matching your strengths to OEMs and Tier Ones with supply chain needs & Developing growth ideas into new products
Case for Change How you can help reverse this trend
For Manufacturers Only Increase Sales and Lower Operating Costs thru: Connection to New Customers Easier Sourcing & Procurement New Market Entry
NMI Process Builds on wind turbine success: Markets Research OEM Participation Workshop Preparedness Matching Repeat
Improve Results Improve Top Line Sales: Enter markets where supply does not far exceed demand, less crowded Less price or commodity driven Order volumes increase Market <process> focus Multiple markets
The Way Up • Market diversification • Differentiation • Reinvestment in new processes and/or new products. • Satisfy more of your customers’ needs
WIRE-Net Supply Chain Results Over 280 matches of OEM or top Tier needs to suppliers since 2006, plus 150 GLWN Aerospace – six entry events GE: $3M and climbing 2011: 20 projects connected to 29 capable sources
The New Market Research • Top markets with unmet needs: • Medical devices & equipment • Aerospace • Gas & oil exploration • Water – larger systems
OEM Wants Top five supply chain development requests from OEM’s & 1st Tier Suppliers - 25 20 15 10 5 0 Quality Process Improvement /Costs Velocity Facilities & Capacity Business Viability Business Performance Area Requested By OEM or 1st Tier Nationwide Survey 2011
Entry Opportunities Common to Aerospace & Medical growth: • Small & mid-size OEMs and top Tier Suppliers: fewer hurdles • Replace problem suppliers • Proprietary processes or IP • MBE need
New Market Entry Steps Research: identify potential markets & entry requirements Train & Coach: SWOT ? Gap Analysis ? Plan ? Entry ? Insights Repeat
Buyers in need of Suppliers or Suppliers in need of new Customers: Complete the free Short Self-Assessment: http://Data.WIRE-Net.org
Ideas to Products Growth by Design
Innovation is…. MEANINGFUL UNIQUENESS
Market Positioning A product’s “position” in the market is its unique combination of performance / features, price, and quality. Ideally, that position is large and well-defined enough to provide a robust business case. Competitors’ Products Quality Your Product Price
The Culprit = Large water bills
Your Choices Growth Same Old
Next Steps Complete here today or on-line Gather your leadership team and decide to grow through NMI Register for the Readiness Workshops & develop your Growth Plan Execute your Growth Plan & improve your supplier attractiveness with improved capability
Program Contacts: Thank you! Ty Haines, WIRE-NET 216.920.1957 THaines@wire-net.org See us at the MAGNET booth! Bob Schmidt, MAGNET 216.990.1400 robert.schmidt@magnetwork.org