CIMdata PLM Industry Summary Online Archive
26 March 2012
Company News
Theorem Partner in £1.3 Million Supply Chain Project
Government vision that supply chain excellence will play an important part in accelerating the current resurgence of UK design, engineering and manufacturing, has led to the creation of a £1.3 million project which has received over £640,000 funding from the government-backed Technology Strategy Board.
Known as VE-DRIVE (from V irtual E nterprise - D igital R esource, I ntegration, V isualisation & E xploitation) the project brings together specific knowledge and expertise from four project partners under the lead of Jaguar Land Rover and including BAE, Holovis International and Theorem Solutions.
Theorem Solutions will undertake the development and integration of new and emerging digital technology that will enable UK engineering and manufacturing to improve their operating efficiency to levels where cost and time savings will provide significant worldwide competitive advantage.
Don Philips, Theorem Solutions Sales Director and project lead said, “We are delighted to be partnering with such prestigious companies in this major Technology Strategy Board supported project. Each partner has something different to bring and we at Theorem have a long and successful history of providing the engineering and manufacturing community with a range of solutions for design and engineering collaboration. In addition we are developing interoperability solutions and automated processes that span the many different data types in common use in engineering supply chains as well as providing other essentials such as validation and checking and audit trail detail. Our role in the VE-DRIVE project is to provide a solution which brings together the different data used by the different tiers in the supply chain and to make the interchange simple and highly efficient.”
He added “In addition to well established data exchange software products, Theorem Solutions has over 200 man years interoperability experience in our consultancy team and has recently announced a number of process based interoperability solutions written by our own development team in Tamworth. It is our combination of expertise and development resource that makes us confident of being able to meet this challenge.”
The Technology Strategy Board is a business-led government body which works to create economic growth by ensuring that the UK is a global leader in innovation. Sponsored by the Department for Business, Innovation and Skills (BIS), the Technology Strategy Board brings together business, research and the public sector, supporting and accelerating the development of innovative products and services to meet market needs, tackle major societal challenges and help build the future economy. For more information please visit http://www.innovateuk.org
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