The operating businesses thyssenkrupp Materials UK and thyssenkrupp Aerospace UK are merged into a joint company under the name thyssenkrupp Materials UK, as part of the strategic path the company has developed to elevate our “Materials-as-a-Service” proposition and ensure flexible and reliable source and transport of materials to our customers. The new set-up is intended to make more effective use of digital synergies such as ERP automations and improved operational cooperation. We believe more than ever that the creation of our new entity thyssenkrupp Materials UK is absolutely the right decision for the future viability of our teams and business.
We are convinced that working stronger together, as a combined business, will ensure that we can provide the best possible service to our customers, creating more shared expertise and know-how and building a faster and more flexible way of working, which will result in a more secure future for our teams. The merger is already proving to be a successful strategic decision, as we are witnessing benefits across operational efficiency, organisational structure and customer relations.
Billy Kingsbury, COO of thyssenkrupp Materials UK, commented: “With a more flexible, stronger logistics and administration proposition, we will be able to focus our combined talent to its full extent towards the “Materials-as-a-Service” strategy, across a wider range of market sectors. We look at this merger as an opportunity to learn from each other and share our capability, knowledge and resources to offer materials and services as efficiently across all sectors. The merger will also provide us with the ability to pursue 4PL opportunities with our existing customer base and digital custom-tailored solutions to expand to other customers as well”.
With stronger administrative and logistical structures through the merger, we have already started shaping the “Materials-as-a-Service” proposition by developing a new SAP system, utilising existing sites and increasing operational transparency, with the final aim to deliver reduction in G&A costs and efficiency and sustainability improvements.