Supply chain management is changing fast – and fundamentally. In order to set the right digital course for the future, companies must not only ask themselves which new technologies they want to use but to essentially think about their design. Here, I have compiled the important trends and findings from the Gartner Supply Chain Executive Conference 2019 in Phoenix, Arizona.
The aerospace industry has a larger international footprint than almost any other sector. Ranging from individual connectors to the completed aircraft, the supply chain often spans the entire globe. In times of ever-closer collaboration and ever-tighter deadlines, the level of digitalization should actually be extensive. Actuall.
“Supply Chain vs. Supply Chain – The Hype and the Reality”. One of my colleagues recently found an article with this title in the internet, and for a number of reasons it struck me as highly interesting and also relevant. Read more
As a branch of business analytics, predictive analytics is focused on making projections about relevant events in the future. Although not known by this particular term, the discipline itself has long been used to manage supply chains.
The VMI process is a good example of a long-standing predictive analytics approach. When regulating supply using VMI, the customer defines inventory thresholds that suppliers are not allowed to exceed or fall short of over the course of their deliveries. Read more
70 percent of respondents in a new study on the digitalization of the aerospace supply chain say they are convinced that digitalization can be advanced only if all parties use the same system. But the reality proves to be different. More than 80 percent of the respondents confirm having to use multiple portals to communicate with customers – and this, even though approximately 90 percent of the respondents were convinced that the multitude of different portals undermined the positive effects of digitalization.
The continued digitalization of the supply chain across all levels – as the study also clearly found – is viewed as being one of the most important measures for mastering the future challenges in the aerospace industry. Read more
Supply Chain Visibility (SCV) is one of the most important success factors when it comes to managing complex supply chains successfully. And it is an initiative at the top of every CSCO´s agenda. Therefore, Gartner has focused a recently published report “Lessons Learned from Supply Chain Visibility Initiatives – Supply Chain Logistics and Transportation” on this subject by presenting four best practice examples, one of these being a transport management project realized through SupplyOn. Read more
Over the past few years many companies have shown a growing interest in applying the software-as-a-service concept to a wide range of processes. This can be attributed to the many benefits provided by SaaS compared with conventional software licensing models. Read more
To successfully manage aerospace supply chain networks, it is essential to tackle special challenges. Efficient processes in complex, international networks require thinking that spans departmental and even corporate boundaries in customer/supplier relationships.
This begins with the organization of networks and extends to the planning and execution of processes on through to controlling.
Expectations are high when it comes to the digitalization of the supply chain: Read more
At the invitation of SPACE Deutschland, over 60 representatives of German aerospace SMEs (small and medium-sized aerospace enterprises) took part in the 3rd SPACE Annual Network Meeting at Airbus Helicopters in Donauwörth, Germany, on 25/26.04.2016. Incidentally, SPACE stands for “Supply chain Progress towards Aeronautical Community Excellence”. As a sector association for the aerospace industry and its supply chain, SPACE aims to improve the industrial performance of its members. Read more
The weather was rainy, but information was hot: this year’s PNAA (Pacific Northwest Aerospace Association) Aerospace Conference in Lynnwod, WA, was again the “place to be” for aerospace decision takers who want to know towards which destination the industry is moving to: Located closely to the Boeing plants of Renton (production of all 737 family aircraft) and Everett (wide-body production, including 787), the PNAA had the biggest participation ever, with 500+ participants.
This year’s PNAA topic was “Flying into the future” and 180 member companies joined. They did a good job in including the “young ones without the grey hair”, as PNAA chairman Bill King announced. Read more