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The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. Instead, supplychain leaders need to focus on the minimization of waste, and the alignment of signals.
Over his 30+ year career in the supplychain, Richard has worked with manufacturers around the world in operations, supplychain, and lean strategy roles to develop systems that can manage complex supplychains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
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.
No company has ‘truly’ modeled the full relationship set between how companies interact with other companies upstream and downstream in the supplychain. Even companies who have invested in building an accurate database of their direct suppliers know very little about the next tier of suppliers upstream in the supplychain.
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. This has long been a priority for the DOD, and entities in the U.S.
I take supplychain seriously. I believe that better supplychain practices can save the world, and I think that it makes a difference in warfare and welfare. Today, when I talk about building the end-to-end value chain, people will look at me strangely and say “That is not supplychain.
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.
SupplyChain Maturity Model for Capability Assessment. The purpose of this article is to introduce readers to SupplyChain Maturity Model so you can use it to determine where you are and what you should do to improve supplychain operations. SupplyChain Maturity Model. Case Studies.
One of the favorite parts of my job is teaching classes on how to take supplychain concepts to the next level to improve corporate performance. I love helping people to see supplychain concepts differently. Both move the supplychain design from inside-out to outside-in. As I teach the class, I learn too.
We had the pleasure to speak with Willem Vesters, Liberty Global’s VP Global SupplyChain Planning, to learn more about their optimization journey. I have a Master’s Degree in Aerospace Engineering from Delft University of Technology but I’ve spend most of my career in operations. How did you hear about AIMMS?
This applies not only to suppliers and manufacturers, but also to service providers throughout the aerospacesupplychain. 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.
Pushing the SupplyChain Reset Button by Lora Cecere , Founder, SupplyChain Insights SupplyChain Leaders Can’t Afford to Guess About the Future The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.
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.
As people in the Ukraine and around the world anxiously monitor the threat of war with Russia, supplychain managers must take stock of the risks to their supplychains and focus on potential mitigation measures. Other potential indirect risks include Russian cybersecurity attacks on the U.S.
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.
Today, the management of the supplychain is harder. Supplychain management is more complex. Sometimes the changes within a supplychain are subtle, but have a large impact. Bonuses and incentives align with functions and are often counter productive to driving supplychain excellence.
by Alexa Cheater This guest post comes to us from Argentus SupplyChain Recruiting , a boutique recruitment firm specializing in SupplyChain Management. That post discussed the trend of companies looking to the SupplyChain function when hiring for the most coveted role at any company: CEO. Why is this?
We had the pleasure to speak with Willem Vesters, Liberty Global’s VP Global SupplyChain Planning, to learn more about their optimization journey. I have a Master’s Degree in Aerospace Engineering from Delft University of Technology but I’ve spend most of my career in operations. How did you hear about AIMMS?
SupplyChain Matters highlights the final report of the Aviation SupplyChain Integrity Coalition related to the threat of falsified or modified component parts in commercial aircraft supply networks. Drug SupplyChain Safety Act (DSCSA). Drug SupplyChain Safety Act (DSCSA).
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.
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.
Discover why experts predict robust storms and how to safeguard your supplychain. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supplychain disruptions. Resilinc’s data reflects this change.
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.
If counterfeit electronic parts make it through the supplychain and into a mission-critical military asset, the potential for a worst-case scenario increases. Based on its findings, the SASC formed eight conclusions, including: Most counterfeit electronic parts in the defense supplychain are sourced from China.
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 supplychain partners. Jeff’s LinkedIn.
magnitude earthquake in Taiwan, as well as current port closures and supplychain challenges. The earthquake-related disruptions are likely to affect several Apple suppliers besides TSMC, but the long-term impact on the supplychain is expected to be minimal. Discover which industries may be impacted by the 7.4
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 supplychains and their organisations in motion.
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. Is Boeing taking this to heart?
SupplyChain Matters provides our latest news capsule update, namely in bringing readers up to date on previous supplychain developments or commentaries that we have featured on this blog. Included in this capsule update is a reported third tentative agreement reached among Boeing and striking production workers.
Changing a supplychain near you. In a previous post , I wrote on the emergence of Circular SupplyChain models and, whether we welcome it or not, there is a new future coming soon to a supplychain near you. Sourcing and procurement decision-makers are confronting a perfect storm.
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.
London 4 th May 2022 – Supplychain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supplychain 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 – Supplychain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supplychain and procurement professionals in the UK and US, and includes interviews with leading academics and professional experts on the topic.
In any area, across domains of activity, from farming to aerospace, cosmetics to mechanics, innovation should be part of the companies’ DNA. During the last few years the rhythm of the digital transformation has increased and it impacts greatly upon the SupplyChain world. But what does Innovation mean for the employees?
A Three Part Article Series from QAD DynaSys – SupplyChain Organizations Concerns in a Post-Pandemic World. Read Part One 10 COVID-19 Lessons for the Resilient SupplyChain. Discover Part Two The 6 Greatest Challenges to your SupplyChain if you missed them. Global or local supplychain bottlenecks.
Discover the tools procurement pros and resiliency program managers use to take on the most complex supplychains. How many countries does it take to make an iPhone? Resilinc’s 24/7 AI-power supplychain monitoring system, EventWatch AI , sends out 450 supplychain disruption alerts on average every week.
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. At least one major U.S.
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. Digital Darwinism and evolution within supplychains. Adoption challenges and future of Procurement.
A Three Part Article Series from QAD DynaSys – COVID-19 and Resilient SupplyChain. In this series, discover how the COVID-19 pandemic gave us the keys to build a resilient supplychain and add value to our SupplyChain. In 2021, COVID-19 and Resilient SupplyChain will not be incompatible.
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).
Bottom line: Machine learning makes it possible to discover patterns in supplychain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. How Machine Learning Is Redefining SupplyChain Management.
The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supplychains in 2024. Of most concern was the tactic of targeting a company’s vulnerable supplychain points in labor stoppages, which was adroitly practiced by the United Auto Workers (UAW).
and France investing heavily in developing and procuring advanced UAM systems for commercial operations. Ann noted, “We can manage product complexity by providing one accurate source of product information for the entire product team, including your global supplychain. That’s where Arena can help.”.
In this article, we’ll take a closer look at the outsourcing model and the ways it can drive efficiency in your inbound logistics supplychain. Inbound logistics refers to the supplychain operations that lead up to the creation of the finished product. Third-party procurement. What is inbound logistics?
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