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
Learn how to secure aerospace and defense supply chain resiliency with five key areas to note in the National Defense Authorization Act (NDAA) for FY 2025. Heres your guide to NDAA for aerospace and defense supply chainsand how Resilincs aerospace and defense supply chain risk management solutions can help you navigate these changes.
India Reportedly Attracting Added Attention A published report from Reuters indicates that industry participants Airbus, Collins Aerospace, Pratt & Whitney and Rolls-Royce are expanding component sourcing toward supplier located within India. Copyright 2025, The Ferrari Consulting and Research Group and the Supply Chain Matters blog.
Aircraft engine designer and producer GE Aerospace has announced plans to invest upwards of $1 billion in its existing U.S. This is reportedly in addition to the more than 900 engineers and 1,000 new manufacturing workers GE Aerospace hired in 2024. Regarding outlook for 2025, GE Aerospace Chairman and CEO H. Lawrence Culp, Jr.
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.
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.
This alert identifies some of the potential impacts of these proposed restrictions on the aerospace industry and U.S. government procurement of critical components. Background Nickel and titanium are critical to the aerospace manufacturing sector. At least two aerospace companies in the U.S. In addition, U.S.
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.
Other industries such as food products, aerospace and defense and other regulated industries will by our lens, garner added insight as to how an interconnected electronic based B2B network can achieve item-level visibility, product and process authenticity. That especially applies to aircraft engines.
That will include its Aerospace business which supplies aircraft engines, auxiliary power units, avionics and electronic control systems for Boeing and other aircraft and aerospace manufacturers. Reportedly, upwards of 40 percent of Honeywells revenues stem from the conglomerates aerospace business unit.
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.
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. Jeff’s LinkedIn.
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.
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.
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.
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.
If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.
It also emphasizes the need to reduce reliance on high-risk foreign sources, particularly PRC-based entities, and directs agencies to implement procurement and funding policies that favor U.S.-based based production and suppliers. For companies that do business with the U.S. capital flows to China.
Table of Contents Procurement and supply chain professionals today are under enormous pressure. Procurement professionals often have limited visibility into the health, compliance, and performance of their suppliers, which complicates buying decisions. They are heavily reliant on an intricate web of external suppliers.
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.
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.
Aerospace and transportation equipment companies are investing in Arizona and New Mexico. Data-Driven Decision-Making in Freight Procurement Advanced Transportation Management Systems (TMS) enable: Carrier vetting and rate comparison. Midwest U.S. Automotive and industrial manufacturing is expanding in states like Michigan and Ohio.
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.
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.
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.
This small island is currently in the middle of political tensions between the US and China and represents 90% of the most sophisticated chips, such as those based on gallium nitride and gallium arsenide, which are used in the defense and aerospace sector. in 2020 to 25.6 % in 2021, reaching a market size of $553 billion.
Liebherr-Aerospace itself was already using AirSupply at the time the decision was made, in cooperation with the customer Airbus. Since its introduction, more than 250 Liebherr-Aerospace suppliers have actively used AirSupply – and this number is continuously growing.
The President of the International Association of Machinists and Aerospace Workers Jon Holden indicated to the publication his belief that this may be the best contract that the union can achieve. Holden has further indicated that it is now up to individual union members to decide if the labor strike should end.
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.
2) Procurement Maturity Model. There are lots and lots of procurement professionals who cant really break away from "buy cheapest things" mindset. Handfield and Straight provided a very useful maturity model for procurement function as below, Procurement Maturity Model. Lean Maturity Model. 5) S&OP Maturity Model.
I do not think that this will happen through the repurposing of indirect procurement networks (e.g., SAP’s redefinition of Ariba). Instead, I think that this will happen through the evolution of industry-specific business networks.
Tim Cummins, CEO of the International Association of Commercial and Contract Management (IACCM), notes in his blog Commitment Matters that Dreamliner’s battery problems are perhaps due to the lack of procurement competencies that exist in the organization.
We’ll also provide questions and strategies to help contractors improve systems and processes for combatting counterfeit electronic parts in the aerospace and defense supply chain. Does your procurement system allow you to place vendors on hold while you investigate suspected counterfeit parts?
The largest increase is in Aerospace and Defense (A&D). PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to maximize the value of each inventory dollar.
Hot topics: How the SCE Initiative supports the ongoing structural change in the aerospace industry and why digitization is key to securing the future of German aerospace SMEs (Photo: ‘Marketplace of Opportunities’ at the event). Bernd Heibel of the Federal Ministry of Economics and Energy (BMWi) explains funding options.
But the risk of war is already impacting supply chains, and an invasion of Ukraine by Russia would trigger extensive and enduring disruptions which supply chain and procurement managers should assess and prepare for. Energy shortages in Chinese provinces that import Russian natural gas would worsen.
The same source indicated that the electronics, automotive, aerospace, apparel, footwear, and textiles industries were the most significantly impacted by UFPLA enforcement. According to US Customs and Border Protection (CBP) , since June 2022, UFLPA enforcement has impacted 12,666 shipments valued at more than 3.68 billion USD.
and France investing heavily in developing and procuring advanced UAM systems for commercial operations. Arena has several aerospace and defense customers using PLM and QMS solutions to help them develop safe, innovative, and compliant products. A new flight path on the horizon with PLM and QMS solutions.
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.
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.
This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?
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?
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
To learn more about the impact of the Taiwan earthquake and next steps supply chain managers and procurement pros can take to navigate risk, download our exclusive special report: Assessing Taiwan Earthquake’s Supply Chain Impacts and Potential Outlook.
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