article thumbnail

How Procurement can help to drive Supplier-led innovation

ivalua

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Procurement is essential for organisations looking to build relationships. Procurement must refocus to foster, rather than block innovation.

article thumbnail

Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Some of its customers include Boeing, Airbus, Spirit AeroSystems, and Tesla.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

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.

article thumbnail

Securing aerospace and defense-critical supply chains

Resilinc

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. As the U.S.

article thumbnail

How Can My Aerospace Organization Maintain Traceability Compliance?

RFgen

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.

article thumbnail

Why the supply chain should be more social

The Network Effect

The problem has been compounded in recent years as many of the world’s high tech, automotive, aerospace and consumer products leaders have outsourced design, assembly, logistics and sourcing activities to Tier 1 suppliers.

article thumbnail

VMI system goes live at Fokker Aerostructures

Supply Chain Movement

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.