At many companies, process optimization in purchasing focuses on direct material. The purchase of indirect material, however, often still takes place under the radar. Perhaps a bit overstated as; What is there to optimize, if I only purchase pencils? Read more
“Added value: global networks,” was the topic of the 52nd BME Purchasing and Logistics Symposium last week in Berlin from November 8th to 10th in Berlin. Read more
Does the e-business solution that supports your business-to-business transactions ensure that your e-invoices remain tax compliant, everywhere, always?
Change in tax legislation is constant
An e-business solution that must comply with multiple countries’ tax requirements has to address the problem of ongoing change. Otherwise, how can a business efficiently deal with the tsunami of new real-time and other regulatory control requirements that governments are introducing? Read more
The location and the timing has changed – but the excellent setup prevailed: this year, the 7th Aviation Forum took off at the beginning of November – this time on the grounds of the Hamburg Trade Fair.
Compared to the previous year, even more exhibitors and visitors attended the leading aerospace event in Germany. The Aviation Forum, organized by the Institute for Production Management (IPM) under the patronage of Klaus Richter, Chief Procurement Officer Airbus, offered an international gathering of speakers and exhibitors from Japan, Russia, Canada, USA, India and Abu Dhabi.
Electronic invoicing is gaining ground. However, according to the 2017 edition of the Billentis Report, this environment will change fundamentally in the coming years, due mainly to regulatory requirements with an increasing trend towards tax clearance systems and new technologies. The good news: both lead to significant cost savings. Read more
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.
Track and trace, that is, determining the location of shipments, is definitely nothing new. Yet everyone still seems to be talking about it. How come?
Easy: We know that networked production as well as “smart factories” require reliable information on the delivery status of components. But this also translates to delivery logistics, where it’s important to know, for instance, where a spare part is located and whether it will reach its final destination on time or whether the parts will arrive at the assembly plant (CKD) as scheduled.
Sure, logistics service providers are already able to provide plenty of data regarding the location of a shipment – granted, not always in real-time, but still. Yet, how do we connect our systems with those of the logistics service providers? What do we do with the data? How can parts and status notifications be linked to each other without requiring an inordinate amount of effort and time from service providers and suppliers? How can we avoid having to enter data for different customers into individual custom portals? And how can all this data be analyzed effectively? Questions abound.
The 2017 BoostAeroSpace Customer Group took off with breaking news no one had on their agenda: the announcement, that Airbus has acquired more than 50 percent of Bombardier’s C-Series program. This could definitely be a game changer for the North-American aerospace market.
“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
Wherever you look, “digital” is THE overriding theme. Digitalization is not particularly new and by no means simply a future scenario for the years 2020 to 2030.
No, the digitalization of tasks and processes has been around for quite some time now. And there is still some homework left to be done. Because, unfortunately, the business world is not yet as digital as it could – or should – be. Read more