This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.
As a result, when tragedy strikes like an earthquake affecting Japan or flooding rains overwhelming Bangkok, automakers and electronics manufacturers are unable to identify which of the suppliers upstream in their value chain may have been impacted.
There are few industries where security requirements are as rigorous and intensive as in aerospace and defense. Both reports underscore the importance of training and develop a domestic workforce capable of staffing aerospace and defense industries.
Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.
VIBA Aerospace Products and Services in the Netherlands and Peerless Aerospace Fastener Corporation, a distributor of aerospace fasteners based in Farmingdale (NY), went live with their Vendor Managed Inventory (VMI) of special fasteners at Fokker Aerostructures covering several programs.
We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. Does this solve the problem? When I get this question, I swallow hard. It is such a simplistic view of the world.
Today, aerospace firms looking to service the American military must maintain traceability standards that comply with its unforgiving part validation requirements, which can be found in the Defense Federal Acquisition Regulation Supplement. Traceability is an imperative concern for modern aerospace organizations. RFgen can help.
At a recent roundtable with The Manufacturer magazine, the benefits of cross functional collaboration for procurement was raised as a discussion point for the session. . One of the most interesting suggestions is that a procurement team should take a service mindset when working with the budget holders within the organisation.
There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?
Manufacturing Sectors Client Alert Foreign adversaries are increasingly threatening vital domestic industries through current and potential future restrictions on critical mineral exports. This alert identifies some of the potential impacts of these proposed restrictions on the aerospace industry and U.S. of these materials.
Our clients are procurement visionaries who expect a committed, flexible consulting partner with leading edge technical skills and a proven method of achieving measurable outcomes. We’ll help you implement and fully adopt these innovative cloud SaaS platforms and achieve your return on investment.
This applies not only to suppliers and manufacturers, but also to service providers throughout the aerospace supply chain. What are AS9100 Standards in Aerospace Logistics? AS9100 standards were formulated in 1999 by the Society of Automotive Engineers and the European Association of Aerospace Industries.
A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.
That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. The transactional nature of procurement and sales is a barrier to redesigning for higher value. “ I scratch my head. Own the entire supply chain.
As a global conference, exhibition and networking experience, we attract some of the biggest oil and gas companies and top-performing engineering, procurement and construction firms, all groups who are eager to capitalize on the benefits of Breakbulk Americas and connect with new supply chain partners. Key Takeaways: Breakbulk Americas.
Today, aerospace firms looking to service the American military must maintain traceability standards that comply with its unforgiving part validation requirements, which can be found in the Defense Federal Acquisition Regulation Supplement. Traceability is an imperative concern for modern aerospace organizations. RFgen can help.
If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. Third-party procurement. Third-party procurement services from a 3PL can help.
This includes consistency in manufacturing operations, order-to-cash processes, and customer service. I do not think that this will happen through the repurposing of indirect procurement networks (e.g., .” The feet are grounded in reliability. Here is how you start: Stabilize ERP Investments. SAP’s redefinition of Ariba).
These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.” According to the Department of Justice, he conspired with suppliers in China and Hong Kong to sell over 12,000 counterfeit ICs for millions of dollars.
To remain competitive in today’s global economy and keep pace with market demand, industries like engineered products, complex assembly manufacturing, and aerospace and defense must continue to innovate and introduce new products. Manufacturing of new products requires the ability to make adjustments and design changes on short notice.
and France investing heavily in developing and procuring advanced UAM systems for commercial operations. Once we have all the information in place and linked, there are going to be ongoing processes like engineering change orders and deviations related to manufacturing issues. Ann believes Arena can help.
Here, we expand on some of the product development obstacles that UAM manufacturers face as they try to gain momentum in this fledgling market. Airworthiness certification standards establish requirements for aircraft design, manufacturing, performance, failure response, and maintenance.
The past few years have been quite the rollercoaster for manufacturers. In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. Third-party procurement. Kitting services.
By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Blockchain’s greatest potential to deliver business value is in manufacturing. provide valuable insights into how blockchain can improve supply chains and manufacturing. A copy of the study is available here (PDF, 32 pp.,
First of all, the world is becoming more global, and the ability to manage a diversity of manufacturers and suppliers is a source of competitive advantage. As our interviewee and Procurement guru Wael Safwat put it a few months ago , “it’s no longer the organizations that are competing. Why is this?
JOSCAR, developed by Hellios Information, is a tool used by the UK Aerospace, Defence and Security industries to determine if a supplier is fit for business. Using JOSCAR enhances the procurement process for both buyers and suppliers. It acts as a single repository for pre-qualification and compliance information.
London 4 th May 2022 – Supply chain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supply chain and procurement professionals in the UK and US, and includes interviews with leading academics and professional experts on the topic.
London 4 th May 2022 – Supply chain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supply chain and procurement professionals in the UK and US, and includes interviews with leading academics and professional experts on the topic.
In this post, I want to describe two ways in which manufacturers may be impacted. Sourcing and procurement decision-makers are confronting a perfect storm. However perhaps more importantly, procurement leaders will influence product design to allow for easier recovery of raw materials from the product once it reaches end-of-life.
David describes himself as a ‘pracademic,’ or practitioner academic, having held various global CPO roles across a number of industries, including retail, FMCG, pharmaceuticals, aerospace and defense, manufacturing, and banking. Adoption challenges and future of Procurement. An alternative approach to digital transformation. “The
Learn more about the most significant extreme weather and climate-related risks procurement professionals should pay attention to in 2024: How Will Climate Change Impact Supply Chains in 2024? 1 Production delays Manufacturing facilities in the hurricane’s path may be damaged or forced to close, leading to production delays or stoppages.
In this commercial aircraft industry specific commentary, Supply Chain Matters contrasts the recent quarterly performance of GE Aerospace and Boeing. Added Production and Supply Chain Investments This producer has indicated plans to invest over $650 million in both manufacturing facilities and in augmented supply chain capabilities.
Taiwan is the global leader in semiconductor manufacturing, producing over 60% of the world’s semiconductors and over 90% of the most advanced chips. The majority of advanced chips are made by the Taiwan Semiconductor Manufacturing Company (TSMC), which makes chips for Apple and Nvidia.
In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?
This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers. By addressing these risks upfront, the team can design the product and the manufacturing processes to prevent failures before they even occur.
Berkshire (UK) & New York (USA) 22 nd February 2024 – Skill Dynamics Moves to Strengthen its Position in Corporate eLearning with the Acquisition of Content Enablers Skill Dynamics, a provider of high-impact, role-based, specialized supply chain and procurement training has acquired Content Enablers, a company renowned for compliance training.
Today there are countless software solutions for automating the manufacturing process. The best enterprise resource planning (ERP) for manufacturing will vary, contingent upon the unique challenges you’re seeking to solve. What makes the best ERP for manufacturing? Let’s dive into the findings of our research.
We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” Does this solve the problem? When I get this question, I swallow hard. It is such a simplistic view of the world.
Our further update relates to ongoing supply chain related component shortages impacting Airbus aircraft deliveries, specifically GE Aerospace. Included in this capsule update is a reported third tentative agreement reached among Boeing and striking production workers.
Earlier this month on Supply Chain Matters we published an editorial commentary focused on the appointment of Kelly Ortberg as the aerospace technology provider’s new CEO. Our commentary echoed reports that Ortberg has demonstrated operational leadership experience in prior senior aerospace industry leadership roles.
In a communication to employees the CEO indicated: “ It will take time to return Boeing to its former legacy, but with the right focus and culture, we can be an iconic company and aerospace leader once again. In essence, this is the message of the best deal that can be negotiated.
In any area, across domains of activity, from farming to aerospace, cosmetics to mechanics, innovation should be part of the companies’ DNA. The vast majority of products are indeed manufactured in a country different from the ones they are consumed and for years now English is the language most commonly used.
Table of Contents Procurement and supply chain professionals today are under enormous pressure. As an example, Daniels cites a car maker in which 90% of the cost of building a car is buying the parts manufactured elsewhere. What’s more, they’re overwhelmed with data — too much information, too little time to act.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content