KPMG in the UK embarked on a journey of transformation during 2013, in pursuit of our strategic goal to dominate professional services. Our Annual Review highlights how we bring real benefits to our clients, our people and society as a whole.
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Technology has revolutionised the day-to-day lives of individuals and organisations alike. But if we're to continue to benefit and to profit from it, and if we're to minimise the potential downsides, we're going to have make some choices.
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The outlook for the civil aerospace sector continues to be robust with suppliers seeing increased activity levels. The civil aerospace sector seems largely immune to current concerns over the global economy.
The challenge going forward is to have in place the necessary resources to capitalise on the opportunity in terms of infrastructure and financing. Likewise, the attention of Original Equipment Manufacturers is moving from product development to delivery, creating ripples in the supply chain as OEMs review their core competencies. At the same time they are demanding that suppliers are able to support the expected ramp up in production.
In defence, the challenge is to be on the right programmes in the right markets with the right technology. Nevertheless, real windows of opportunity do remain.
Whether you are looking to realise your streamline working capital, expand your presence in the sector, realign your operations or secure additional financing then talk to us today.
Glynn Bellamy, Head of Aerospace, provides insight into the UK Aerospace industry.
Our multi-media magazine for business leaders explores the issues surrounding this important and dynamic sector. In this edition we discuss the dilemma for smaller Aerospace businesses. Long-term investments and planning are common place for the large companies, but for the many other, smaller businesses it is a serious strategic and funding challenge.
The report highlights the significant opportunity for the UK civil aerospace industry as passenger air traffic increases driving huge demand for new aircraft. With UK industry currently accounting for 17 per cent of the global market, projections show this increased demand could translate into orders worth £474bn between now and 2031.
This report examines how Aerospace and Defense organisations are focusing on improving their visibility into their profitability and costs, building new partnerships and focusing on new opportunities to leverage their existing products and services.
KPMG’s new report examines the continuing evolution of the strategies that manufacturers are deploying to drive value and performance across the enterprise. The report reveals that manufacturers are focused on understanding product costs and profitability, exploring new collaborative business models to create competitive advantage and integrating the supply chain to improve visibility.
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