A firm based in Gosport has been given more money to deliver training to help businesses save money.
Lean business specialists Fedden USP, working in partnership with MIT Skills, has recently been awarded an extension to the European Social Funding they receive to deliver Lean business training to companies up to the end of August 2016.
On successful completion of the training, candidates receive a nationally recognised certificate in business improvement techniques and an NVRQ Level 2 qualification.
Neil Fedden, managing director and principal consultant of Fedden USP, said: ‘Being awarded this funding is really good news and we have enough to deliver training to 20 companies or 200 people.
‘It means that we can continue to deliver real and sustainable business benefits to companies in terms of improved process efficiencies, reduced lead times and improved problem solving capabilities.
‘It’s not unusual for a business to see potential savings of £50,000 from the Lean training we deliver.’
The course consists of a five-day workshop supported by 10 visits of individual mentoring over a 12 month period.
In parallel with this, delegates run an improvement project within their own business and are awarded the NVRQ qualification based on their ability to deliver a tangible improvement to operational performance.
In terms of costs, the training can be provided heavily subsidised to the employer providing they have at least 10 participants, subject to funding qualification.
One company which benefitted from the training was Siemens Magnet Technology.
Head of manufacturing John Laister said: ‘We engaged with Fedden to train and develop our emerging talent group. Once trained these key individuals, with further support from Fedden, will act as change agents to deploy and embed Lean techniques throughout the office environments.’