Case Study – Qioptiq11 October 2018
Cardiff University expertise helped the North Wales company Qioptiq win an £82m defence contract, creating and safeguarding jobs.
Experts from Cardiff Business School spent two years developing a toolset to improve Denbighshire-based Qioptiq’s inventory forecasting operations.
The collaboration and knowhow helped the company secure a six-year deal with the Ministry of Defence (MOD) to service night visions equipment.
And it has led Qioptiq to build a new £3.7m warehouse next to the current Qioptiq plant on the St Asaph Business Park.
The study was made possible thanks to a Knowledge Transfer Partnership (KTP) co-funded by Welsh Government, the Engineering and Physical Sciences Research Council and Innovate UK.
The KTP enabled a knowledge transfer Associate in ‘lean’ inventory forecasting business operations, Thanos Goltsos, to work directly with Qioptiq under the supervision of two Cardiff Business School Professors – Aris Syntetos and Mohamed Naim.
Business Wales features a case study on Qioptiq on their website. You can read the case study here.