Established in 2019, as a result of the NEAA advisory board’s five-year strategy review, the Trade Group supports member needs in relation to trade activity through networking, collaboration and shared best practice.
In a further show of strength, Chris Black, Global Sales Director of Automotive Business Development at TR Fastenings has supported the group since its inception as the industrial Chair.
“The group brings together member companies to help one another when it comes to trade and export. TR Fastenings has proudly been part of the group since its formation in 2019. We have shared experience, knowledge, and best practice with members to assist them with growth and international expansion plans. TR Fastenings has, itself, greatly benefited from collaborating with fellow NEAA members on a number of trade related subjects." Chris Black, NEAA Trade Group Chair
Its 2021 strategy has been formulated using updated intelligence received from a member survey that revealed 100% of respondents benefitted from group initiatives and 94% gained value from networking with likeminded individuals.
The updated strategy includes the sharing best practice, support with the latest industry challenges in relation to trade and identifying, facilitating, and understanding funding opportunities for overseas trade missions. With only 58% of members having a strategy for international expansion, the group also plans to support companies with developing a new trade strategy.
Within the 2021 plans, the group will look to showcase the positive impact it has provided members to date, with a view to attracting new companies who can add further value.
A notable example of success is the member collaboration between GT Group and global logistics specialist, ThinkPrime. The latter came to the aid of GT Group, helping to expedite the release of urgently needed goods held up at Heathrow by HM customs. As a result of its knowledge and experience of HM Customs’ operating procedures, ThinkPrime helped to quickly unlock the delay and ensure the goods reached GT Group.
The North East Automotive Alliance (NEAA) is established to support the economic sustainable growth and competitiveness of the automotive sector in the North East of England. The NEAA provides a single unified voice to key stakeholder groups and promotes the true value created by the region's automotive industry.