Business Overdrafts
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Manufacturing Support Service
Recognising that businesses don’t stand still in an ever-competitive environment, the MTC offers a range of services to accelerate business performance.
The MTC’s programmes aim to help businesses be more productive, innovative and reduce costs. They can help address a number of practical, technical and strategic engineering challenges including:
- Productivity
- Supply chain robustness
- Digitalisation
- Technology roadmapping
- Technology adoption
- New product and process development.
Free consultative line walk
Manufacturers nationwide can take up the opportunity to have a free consultative line walk at their facility to discuss current challenges and identify potential solutions. Undertaken by an MTC senior engineer, the review takes 3-5 hours where they will meet with the senior team, conduct a shop floor process review and provide recommendations. The line walk is subject to a prior virtual assessment with an MTC expert. You can watch our client Label Apeel, discussing their experience of an MTC line walk.
Around 700 Lloyds manufacturing clients have taken up this opportunity to date. There is no obligation for future collaboration but over 120 of our clients have utilised further support programmes to embed innovation and new ways of working into their operations. This has delivered around £7.2 million in additional benefits from increased revenues, reduced costs and driven profit growth.
Further collaboration
Depending on the project requirements there may be different funding options for future collaboration with the MTC. If you are an SME with less than 250 employees, the MTC can help provide access to up to 50% of your investment via Innovate UK’s REACH SME grant scheme.