The tool manufacturing sector in Gauteng is set for a boost as a result of an initiative between Rifle-Shot Performance Holdings, Isah International and the Gauteng Tooling Initiative (GTI).
Rifle-Shot Performance Holdings provides consulting services for various sectors within the manufacturing industry, while Isah International supplies business software solutions for manufacturing companies.
The initiative, known as the Manufacturing Accelerator Programme (MAP), aims to enable small and medium-sized make-to-order companies to access and benefit from specialist manufacturing software.
"South Africa has lost 80% of its tool manufacturing capability over the past 20 years to manufacturers overseas, such as China," said Ian Huntly, CEO of Rifle-Shot Performance Holdings. "The aim of this partnership is to rebuild the industry."
Isah guarantee
A hallmark of Isah International is the company's profit guarantee. Isah's approach to a new project in order to make good on its guarantee is to provide a complete solution, according to EVP Peter van Harten.
"Isah conducts training and mentoring and focuses on process optimisation," Van Harten said. The company operates three-year programmes and 10% growth is required each year for its customers to return a profit.
Benefits
There are numerous potential benefits to the industry that may be derived as a result of the initiative, Van Harten points out.
"More people can be employed in the industry; the profit margins of business in the industry will increase; costs of business will be driven down; and, ultimately, profit will increase."
"The cost of business in South Africa is too high," said Huntly. "These costs must be reduced. Faster delivery times are needed; the price of products must be right; and quality must be of a high standard.
"The initiative aims to increase involvement in the industry, which will increase the success of the industry, and ultimately, create more jobs in the sector."
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