Machining Strategy and Cost Reduction Industrial Placement

Timet UK is a world leader in the production of titanium for the aerospace industry; it is part of the PCC Metals Group, a rapidly growing Fortune 500 company, operating in the engineering and manufacturing sector, predominantly making materials for the aerospace and power generation industries.

“Our culture is fast-paced, dynamic and direct with and expectation of high performance from every employee. We reward performance and results and challenge every employee to reach their full potential by demanding continuous improvement, while increasing local decision-making authority. We are committed to recruiting, training and promoting employees who rise to these challenges. All our employees share responsibility to maintain the highest legal and ethical standards. Performing with integrity is a way of life and vital to the Company’s success.”

The business requirement is to define and implement a short to medium term machining strategy which maximizes the utilisation of our facility and minimise (5% max) the use of subcontract machining facilities, delivering tangible reductions to the variable cost base. Reducing the current outsourced workload to sub 5% will save the business up to £1m annually.

We are looking for an enthusiastic, talented, ambitious and skilled individual who thrives on a challenge to undertake a placement within our Operations department.

PCC

Hear from employees and graduates working at PCC

Project

  • Understand the current in-house and offloaded machining volumes by product group and quantify the current cost-base Vs budget.
  • Generate a machining capacity model detailing Witton’s current capacity and capabilities in terms of:
    1. Asset capacity
    2. Asset capability/product quality
    3. Existing manning levels/shift configurations / Overtime worked
  • Analyse the current backlog mix and future load requirements by product group, identifying potential capacity constraints and bottlenecks
  • Define short to medium term machining strategy to reduce cost, considering factors such as:
    1. Which processes/machines should be used to achieve the product requirements
    2. Which activities should be performed in-house vs outsourced
    3. Improvements to existing equipment – Cost benefit analysis
    4. Introduction/utilisation of new equipment
    5. Labor cost and flexibility
    6. Low cost sub contact options
    7. Etc. 
  • Quantify cost savings, secure strategy buy-off with key stakeholder, implement and recognise tangible savings
    1. It is expected that easy wins will be implemented concurrently whist carrying out the above analysis

Candidate Requirements

  • Must be enrolled in an accredited residential college/university.
  • Student must have successfully completed first year prior to co-op assignment.
  • Student must be pursuing a minimum of a Bachelor’s degree in an engineering subject, ideally Manufacturing/Production/Industrial Engineering.
  • Will be able to demonstrate an understanding of how to approach problem solving and find solutions.
  • Will be able to work with minimal supervision.
  • Must be able to communicate and interact with all levels.
  • Must possess a positive “CAN DO ATTITUDE”
  • Must be able to adopt the Right to Left Thinking philosophy-Begin with the end in mind-what do you want the end result to be?

Opportunity Overview

  • Salary: £18,000
  • Placement Duration: Year-long
  • Location: Witton (Birmingham)
  • Region: West Midlands
  • Type: Work Placement / Internship

Disciplines accepted...

  • Manufacturing

To Apply

Please send a CV and covering letter to Sharon.mahon@timet.com.

Remember - you found this opportunity on Gradcracker!

#GradcrackerTopTips

When you apply to one of your 'Followed' companies tell them in your cover letter/CV you have followed them on Gradcracker. It shows that your application is targeted.