Cardiff University and Panalpina have notched up a second ‘outstanding’ knowledge transfer success.
The global logistics company teamed up with Cardiff Business School five years ago to work out more efficient business inventories.
The resulting Knowledge Transfer Partnership (KTP) proved so successful it was renewed to focus on new manufacturing technologies such as inventories resulting from 3D printing.
The expanded project, which began in 2016, led Panalpina to double its investment in the KTP, using Cardiff’s expertise to help customers identify the right products to switch to manufacturing techniques such as 3D printing.
“The whole project has proved an amazing success,” said Professor Aris Syntetos, Panalpina Chaired Professor of Manufacturing and Logistics at Cardiff Business School.
The work has been recognised as ‘outstanding’ in a letter from Innovate UK - the UK Government department which has forged KTPs across the country for more than 40 years.
“Through our research, we’ve been able to introduce new business and management practices that create leaner inventories, save businesses money, and reduce logistics, which is better for the planet,” added Professor Syntetos.
Paul Thomas, Business Manager with Research, Innovation and Enterprise Services at Cardiff University, said: “It’s another great success story in our long history of working with companies through the KTP scheme.
“The University has put together more than 200 KTPs with both small and global organisations since the scheme started in the 1970s, adding tangible value to industry and the UK economy. We’ve helped our KTP partners tackle a range of issues, from boosting productivity to transforming strategy and developing innovation.
Panalpina now offers new forecasting and 3DP capabilities to customers, and supports the Panalpina Centre for Manufacturing and Logistics Research at Cardiff Business School.
The partnership brings the University benefits through sponsorship and funding, but also provides ‘real life’ case studies for use in our postgraduate courses, offering researchers a taste of the business world.