The NPL Manufacturer Measurement Network ‘Business Diversification’ event will take place on 17 April 2018 at the 3M BIC at 5:30 pm.
Many manufacturing businesses would like the opportunity to expand their reach into multiple sectors as a way of protecting them against market failure, provide a wider range of customers for current products / capabilities, and to increase sales.
Often, there is fear about entering a new market, such as different standards that must be adhered to, lack of market knowledge / specialisation, or the ability to compete with current suppliers in that market.
Help is generally available to enter new markets and to take advantage of the opportunities that this presents, and it’s often not as difficult as originally perceived.
New opportunities are emerging in sectors such as civil nuclear and rail; suppliers will be needed to support new development programmes in these sectors, this is the right time to diversify.
Join the event to hear from experts in different market sectors, businesses that can provide help, and case studies from businesses that have expanded into new markets. Network with like-minded businesses and share your experiences.