SMS announces restructuring plans to speed up its transition to a company that goes beyond traditional Electronic Manufacturing Services.
SMS (www.smselectronics.co.uk), a UK based electronic manufacturing services (EMS) provider, announced a restructuring initiative to accelerate its evolution from a traditional Electronics Manufacturing Service (EMS) provider, to one who, whilst still offering its core competence range of solutions, will look beyond the norm, to offer complete manufacturing fulfillment.
By embracing strategic change and leadership, SMS will intensify its focus in high-growth areas where it is positioned for long-term leadership, customer value and growth, whilst making the company more efficient and profitable. To manage the transformation, Mr. Andrew Maddock will take the title CEO, with Mr. Craig Taylor CFO, Mr. Graham Shaw COO and Chris Johns CTO.
“Our aim is to introduce a flat, non-hierarchical C-Suite structure to ensure accessible, flexible and nimble decision making for both our internal and external customers”, Mr. Maddock explained. “We have been operating internally to this manner for the past six months and our results demonstrate a strategy that is working and is a solid foundation for growth.” Mr. Maddock continued.
“These actions are a sign of a long-term commitment to further establish SMS as the leader for smart and connected manufacturing fulfilment. I am confident that we will emerge as a more productive company with a broader reach and sharper execution.” Mr. Maddock concluded.