Business Growth West Midlands Supply Chain Transition Programme
Provided by Business Growth West Midlands and delivered by Newable, Enterprise Nation and Greater Birmingham Chambers of Commerce
The Business Growth West Midlands (BGWM) Supply Chain Transition programme is on a mission to empower ambitious SMEs in the West Midlands with a robust support package to tap into new supply chain prospects. This strand of the programme targets dynamic sectors in Health and Med Tech, Manufacture of Future Housing and Smart Energy Systems, and is designed to propel businesses towards securing new supply chain orders in these sectors.
We highlight below the Smart Energy Systems sector of this programme:
Smart Energy Systems Supply Chain in the West Midlands
The smart energy systems market in the West Midlands is expected to experience significant growth over the next three years. The factors that are driving this growth is through strategic initiatives, investment and innovation, public-private partnerships and economic and environmental goals.
The region is home to significant clean-tech research hubs which are driving innovation and attracting investment in smart energy solutions. Partnerships with key players in the region are driving the development and implementation of smart energy projects.
Overall, the region’s focus on smart energy systems, combined with strong public and private sector support, suggests robust growth in this market sector over the next few years.
The Role of Supply Chains
Transitioning and entering a new market sector is much like embarking on a journey to an unfamiliar destination. For small, ambitious businesses seeking growth in the West Midlands, understanding the broader supply chain in smart energy systems is critical to finding their place and identifying the right customers to target.
The supply chain for smart energy systems in the West Midlands is meticulously organised across different tiers, each playing a distinct role in delivering, assembling and supporting the region’s energy infrastructure. The tiers include Prime Contractors / Original Equipment Manufacturers (OEMs), Tier 1, 2 and 3 suppliers.
The smart energy systems supply chain structure includes:
Prime Contractors or OEMs: Design, implement and manage integrated energy solutions.
Tier 1 suppliers: Provide essential hardware and software components that Prime Contractors/OEMs use to build and maintain smart energy systems.
Tier 2 suppliers: Support Tier 1 suppliers by providing essential materials, subcomponents and specialised digital technology that enable the high functionality of smart energy systems.
Tier 3 Suppliers: Provide foundational products and services to Tier 2 and, indirectly, to Tier 1 suppliers.
This multi-tiered supply chain enables the West Midlands’ smart energy systems sector to advance towards a future of flexible, efficient and sustainable energy systems across diverse settings.
Programme Focus
The Business Growth West Midlands Supply Chain Transition programme focuses on businesses that demonstrate ambition for growth and scalability, willingness to engage in B2B supply chains, interest in adopting innovative ways of working and capacity for adapting processes to meet industry needs.
The aim is to identify businesses that can contribute to the advancement of smart energy systems and provide them with tailored support to aid their growth and integration within the supply chain.
For more information and to apply for the Business Growth West Midlands Supply Chain Transition programme, please click here https://go.newable.co.uk/newcen-supply-chain-transition-programme.