{"id":57,"date":"2009-04-06T15:01:49","date_gmt":"2009-04-06T14:01:49","guid":{"rendered":"http:\/\/www.cambridgeinvestmentresearch.com\/blog\/?p=57"},"modified":"2020-02-25T14:26:03","modified_gmt":"2020-02-25T14:26:03","slug":"definition-of-high-value-manufacturing","status":"publish","type":"post","link":"http:\/\/www.cir-strategy.com\/blog\/?p=57","title":{"rendered":"Definition of High Value Manufacturing"},"content":{"rendered":"<p>Let&#8217;s go back to discuss also the foundations of our <a href=\"http:\/\/www.cambridgeinvestmentresearch.com\/events\">conference series<\/a> and <a href=\"http:\/\/www.cambridgeinvestmentresearch.com\/consulting.htm\">consulting<\/a> work that began in 2002.<\/p>\n<p>The working definition dating from our first conference on <a href=\"http:\/\/www.cambridgeinvestmentresearch.com\/events\/hvm\/\">HVM<\/a> in 2002, was (such that): <\/p>\n<p>A. Not just about linear \u2018value-add\u2019<br \/>\nB. A function of time-to-market<br \/>\nC. <a href=\"http:\/\/www.marks-clerk.com\/uk\/attorneys\/faq\/\">Intellectual property<\/a> is above average<br \/>\nC1. Reinvestment in <a href=\"http:\/\/en.wikipedia.org\/wiki\/Research_and_development\">R&#038;D<\/a> is above average<br \/>\nD. Lower volume or even demo\/<a href=\"http:\/\/www.cambridgeinvestmentresearch.com\/uploads\/3TABritonEMSHVMCLASS08.pdf\">prototyping<\/a> stage;<br \/>\nE. New or unfamiliar processes and product types. <\/p>\n<p>F. Typical sectors:<br \/>\nElectronics; printing &#038; displays; medical devices &#038; biotech; aerospace; automotive &#038; motorsport; energy &#038; environment (now called cleantech); materials and nanotechnology. <\/p>\n<p>In January 2006, the IfM said in its report &#8220;<a href=\"http:\/\/www.ifm.eng.cam.ac.uk\/cig\/documents\/DefiningHVM.pdf\">Defining HVM<\/a>&#8221; that it was: <\/p>\n<p>1. Value is more than profit<br \/>\n1a. HVM companies create financial, strategic and social value<br \/>\nHigh Value Manufacturing (HVM) companies have strong financial performance but they also generate significant value externally. For example, at a strategic level HVM companies<br \/>\nmay be significant contributors to national R&#038;D investment. In terms of social impact,<br \/>\n2. HVM companies may be measured for environmental performance, sourcing policies or their community involvement.<br \/>\n3. There is no simple definition of high value manufacturing; e.g. manufacturing is not production and vice versa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s go back to discuss also the foundations of our conference series and consulting work that began in 2002. The working definition dating from our first conference on HVM in 2002, was (such that): A. Not just about linear \u2018value-add\u2019 B. A function of time-to-market C. Intellectual property is above average C1. Reinvestment in R&#038;D &hellip; <a href=\"http:\/\/www.cir-strategy.com\/blog\/?p=57\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Definition of High Value Manufacturing<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","hentry","category-high-value-manufacturing"],"_links":{"self":[{"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/57","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57"}],"version-history":[{"count":2,"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/57\/revisions"}],"predecessor-version":[{"id":59,"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/57\/revisions\/59"}],"wp:attachment":[{"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.cir-strategy.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}