GUSTI Tool Works LLP (GTW) was formed in 2015. Please tell us about the young company's journey since then.
GTW is based on our Global Unified Source for Technology Integration (GUSTI) vision. The foundation for this vision is built on the ‘Technology Engine Creation' concept that brings together industry, academia, technology and entrepreneurs to develop skills and competencies, to deliver world-class manufacturing services and advances in technologies.
GTW had a challenging journey over the last four years from funding to setup. Phase I was completed by the end of 2017 with complete infrastructure and systems, and personnel, trained on Integrated Management Systems, conforming to global standards. We will take its standards higher in the first quarter of 2019 as we achieve Aerospace Standard AS 9001 rev. D, ISO 9001:2015 certification.
It is our aim to grow our business through brand recognition, quality & reliability of our products and services. GUSTI will prove itself on the Total Cost of Ownership (TCO) platform and not on L 1 pricing. The scope of supply is not limited to in-house manufacturing, but a robust supply chain of products and accessories outsourced from global leaders, which enables us to offer world-class solutions. Our product quality and performance is what manufacturers seek.
How has the year 2018 been for your company and what are your expectations for 2019?
We kicked off commercial production in 2018, which has set the stage for an exciting 2019. Our focus this year is to share our technologies and grow a viable market for quality conscious customers as a single source ‘Complete Tooling Solutions' provider. While GTW has just entered the market, we are proud of our expert team and core members who bring in more than twenty years of industry experience to the table.
During the past year, we have successfully implemented our OPTIMALER VORSCHUB programme at many client locations. This programme covers the entire machining process of a component and every single tool, including cutting parameters. The tool-life and re-sharpening cycle have been monitored with positive results which have extended individual tool usage and brought remarkable productivity to our clients. This on-going process will give us a sustained growth.
We plan to strengthen the team and intend to grow exponentially. We are confident that our expertise and experience, along with our zero compromise philosophy (on quality materials and production processes) will hold strong. Based on our performance so far and the momentum that we have built, we are very positive about 2019.
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