What is the event?
Scottish Enterprise, Edinburgh Napier University, and Scottish Cycling (Developing Mountain Biking in Scotland) have been working in partnership through the Mountain Bike Centre of Scotland project to develop innovative Scottish design engineered products for the cycling market since 2014.
In the last year or so, COVID 19 saw a dramatic rise in demand for bikes. Bike sales have gone through the roof and bike repair schemes were hastily put into place to allow more bikes back into circulation. A desire to avoid public transport was one major factor of growth in cycling in our towns and cities but as a way of getting outdoors and keeping up fitness levels was another. Companies have seen 200% growth in sales but this has lead to a demand for parts and spares which cannot be met by existing supply chains. Big brands have secured key components and this is pushing medium and small companies to the bottom of the queue with lead times of up to 2 years now being quoted which is a threat to business. Increased shipping costs have also added to the challenge but has meant that manufacturing closer to home has now become a competitively commercial reality.
Scotland has the capability and capacity to engage in this sector and given our strong engineering and manufacturing history, and decline in traditional markets, such as aerospace and oil and gas, we are well placed to address this global opportunity to become supply chain partners or to establish new bike businesses.
The event will highlight the challenges and opportunity being faced by the sector. We will hear from a potential customer on how to become a supply chain partner, and a small Scottish Engineering company on their manufacturing challenges and highlight the follow up support from the partners for any companies who wish to explore diversification further.
Virtual webinar on Wednesday 22nd September from 2-3pm