Ingenieur Vol 80 ingenieur 2019 octoberfinal | Page 22

INGENIEUR and engineering offices. However, there are times when predictability is sometimes difficult and unplanned resource requests will suddenly come into the picture due to programme pressure, and the engineering service provider that can provide the response in an expedient manner will be in an advantageous position. As aircraft manufacturers continue to increase the rate of aircraft production and decrease aircraft development time-scales, the total demand for outsourced engineering services is expected to increase. Aircraft prime manufacturers are putting increasing pressure on their suppliers to take more ownership of the product lifecycle 7 . This will be in the form of design and build packages which will expose the engineering service providers to increased costs, risk and warranty issues. As a result, engineering service providers will struggle to overcome challenges such as shortages of skilled and experienced engineers, fierce price competition among existing service providers and increased cost pressure from their customers that will inevitably begin to impact the bottom line. With increasing cost and ownership pressure, there is an increased incentive for engineering service companies to go beyond the traditional service-oriented business model and embrace innovation as part of their new core capabilities. However, there are still challenges for engineering service providers to embrace innovation as part of their capabilities. Among issues that they will face are 7 : • Intellectual Property – The majority of the completed work done is for their customers’ products, thus they do not own the product’s Intellectual Property rights and they cannot leverage on the developed product as a solution for other customers; • Capability – They lack product knowledge; for the most part they lack the conceptual data and early development experience of the product and innovation that requires a fair amount of product and domain knowledge; and • Funding – They are already operating on tight margins and have no access to funds to convert operations into research and development activities which are required to create new innovative products. 6 20 VOL 2019 VOL 80 55 OCTOBER-DECEMBER JUNE 2013 How Engineering Service Companies can Use Innovation to Remain Competitive In order to call an idea an innovation, it must be replicable, economically viable and satisfy a specific customer need. Innovation requires the application of information, creativity and initiative to derive value from resources and produce useful products and services that the market wants. A summary of the findings on innovation in the IT/Business Process Outsourcing (BPO) industry refers to three types of innovation 7 : a) New products/services/solutions , b) New processes, and c) New business models. Engineering service organisations should consider introducing the important and necessary steps discussed below to rise up the value chain through innovation. New products and services can be produced utilising the experience already gained on existing or past products or services. The constraint with Intellectual Property can be dealt with by having joint ownership of the product development and patents of the product or solutions. Joint ownership also requires joint funding and as such, the organisation will have to initially fund a portion of the research and development activities for the product in order for it to be attractive to private investors or Government investment entities to jointly fund it. The product development strategy must be based on good intelligence of future market requirements and in areas that their current or prospective customers will have an interest in. New processes that improve productivity and efficiency and have continuous improvement elements embedded in their business processes will help them reduce the cost of services and improve profitability. Some process improvement initiatives are suggested below: a) Tool Automation Engineering service organisations with their highly skilled engineers should be able to develop in-house automation tools to expedite their engineering processes. The key to automation is to reduce repeated or time consuming tasks by automating the process with the help of macro scripts (example: Excel macros) or small