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18/10/2023 @2pm Factory visit to Associated Utility Supplies Ltd (AUS)
It’s an impressive achievement to hear about AUS and their remarkable transformation over the last two years. Their journey from a traditional owner-managed manufacturing company to an Employee-Owned Trust (EOT) with substantial growth is truly inspiring.
Here are some key takeaways from AUS’s success story:
- Significant Growth: AUS has achieved a remarkable 54% increase in turnover and a 300% increase in profitability over the past two years. This demonstrates their ability to leverage available resources effectively.
- Business Support Services: AUS has actively engaged with business support services tailored for SME manufacturers. This engagement has enabled them to access various schemes that have played a pivotal role in driving and managing their exponential growth.
- Holistic Transformation: AUS’s success isn’t limited to product development; it encompasses a comprehensive transformation across the entire organisation. This holistic approach emphasises efficiency, value creation for customers, and building strong relationships.
- Collaborative Efforts: AUS’s proactive collaboration with external bodies, such as Innovate UK and the University of Huddersfield, reflects their commitment to innovation and continuous improvement.
- Future Planning: Having already surpassed their current plan, AUS is forward-thinking and is now focusing on their next five years, indicating a commitment to sustained growth and development.
- Employee Ownership: Transitioning to an Employee-Owned Trust (EOT) is a significant milestone for AUS. This move fosters a sense of ownership and engagement among their workforce, contributing to their success.
- Youth Development: AUS’s dedication to encouraging young people to join the business and invest in their development is commendable. Training their own apprentices, not just in engineering but across various disciplines, ensures a youthful and skilled workforce for future growth.
AUS’s journey showcases the power of strategic planning, collaboration, and a commitment to continuous improvement. Their transformation serves as an excellent example for other businesses looking to achieve similar levels of success.
To book your place click here
Date: 18th October 2023
Time: 2pm – 5pm
Refreshments kindly provided by our host
Venue: Riverside House, Colliers Way, Clayton West, Huddersfield HD8 9TR Google map here