CIR High Value Manufacturing Event Series
What is HVM?

CIR uses the Trademark phrase ‘High Value Manufacturing’ or ‘HVM’ rather than the phrase ‘high value-added manufacturing’. This was a deliberate change by CIR in 2002, which has now taken root. CIR believes the recipe for HVM is not simply about linear ‘value-add’: it is a more wholesome function of time-to-market, IP and reinvestments, among other factors such as design. CIR developed a working definition of HVM: “HVM is manufacturing where there is relatively high value created in the supply chain segment involved. In a corporate setting, HVM is usually characterised by higher-than- average expenditure on R&D as a proportion of sales, and/or is highly innovative with respect to product development, design, and/or is associated with above-average levels of intellectual property (IP). HVM often applies to newer markets, where design or manufacturing processes may be fast-moving, new, unfamiliar, or not well tried and tested; and where prototyping, demonstration and lower volume production are all still valuable. Selected business sectors where one realises this are: electronics and semiconductors; additive manufacturing; printing and displays; medical devices, sensors and biotechnology; aerospace; automotive and motorsport; new energy; materials & catalysts; and nanotechnology; and communications.”

To discuss sponsorship, participation or attendance at the HVM Series:
please call Justin Hayward, Director, on +44 1223 303500.