UKFT Offers Substantial Support Funding To Help UK Manufacturers Develop Digital Supply Chains

Image Courtesy of UKFT

Funding is now available to help UK manufacturers to develop innovative digital technologies that will transform their supply chains.

The fund from Innovate UK will support projects up to £1.5m and aims to create a more efficient, productive, flexible and resilient UK manufacturing sector.

Projects covered include those seeking to improve existing supply chains, those looking to redesign or re-engineer supply chains; or those aiming to design completely new ones for new products or processes.

There are two separate strands running simultaneously: one for feasibility studies and another for industrial research.

Businesses interested in finding out more about the fund can join an online briefing event tomorrow.

Projects can cover supply chain design or execution:

• Supply chain design – covering effective risk management; inventory optimisation; sustainable supply chains for increased flexibility; warehouse & logistics optimisation; confidence in shared data; and new business models that affect the configuration of the supply chain.

• Supply chain execution – covering demand management, sensing and shaping; proactive use of use of demand data; delivery performance; improved decision-making through analytics; production planning or scenario modelling; and track-and-trace technologies.

Competition for feasibility studies

• Consortia should include at least 1 SME

• projects could range in size between £250,000 and £500,000 and last up to 6 months

• The deadline for applications is at midday on 7 October 2020

Find out more about the competition for feasibility studies and apply.

Competition for industrial research

• Consortia should include at least 1 SME

• Projects could range in size between £1 million and £3 million and last up to 24 months

• The deadline for applications is at midday on 7 October 2020

About UKFT

The UK Fashion & Textile Association (UKFT) is the most inclusive network for fashion and textile companies in the UK. 

They bring together designers, manufacturers, suppliers, agents and retailers to promote their businesses and our industry, both in the UK and throughout the world.