Inventory management in the aerospace supply chain
IT Supply Chain
OCTOBER 19, 2022
Group Quality Manager, TFC. The post Inventory management in the aerospace supply chain appeared first on IT Supply Chain. By Brian Vince (pictured).
Supply chain pain points in the Aerospace and Defense industry
Kinaxis
AUGUST 28, 2017
by Alexa Cheater 7 barriers to aerospace and defense supply chain success. For supply chains in the aerospace and defense industry, keeping pace with original equipment manufacturers (OEMs) who are dramatically increasing production rates for components, systems and services, is a major challenge. Multiple ERPs. Product complexity.
Aerospace 
179
179 Join 136,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Pushing the Supply Chain Reset Button
The Logistics & Supply Chain Management Society
JANUARY 3, 2024
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. Focus on right-sizing inventories. These are our weakest links.
Kinaxis to be Continued Sponsor of Supply Chain Matters
Supply Chain Matters
MAY 8, 2024
Capabilities include end-to-end synchronization, what-if decision making and smarter collaboration among various business and supply chain focused user groups. We at the Ferrari Consulting and Research Group and our affiliated Supply Chain Matters blog have been honored to be a part of this partnership and journey since 2009.
The Journey to End-to-End (E2E) Supply Chain Visibility Is Ongoing
Logistics Viewpoints
JANUARY 12, 2023
” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs. Aerospace manufacturers have an average of 200 tier-one suppliers and 12,000 across all tiers.
Tata Technologies and Logility Partner to Provide Digital Transformation Solutions for the Global Supply Chain
Logility
MAY 24, 2021
Tata Technologies will collaborate with Logility to offer digital supply chain transformation solutions to its customers across Automotive, Industrial Heavy Machinery, Aerospace, Industrial, and Medical devices verticals to help them achieve agility and improved resilience in the new normal. ATLANTA – May 24, 2021 – Logility, Inc.,
How to Become DFARS Compliant and Avoid Counterfeit Parts in the Aerospace and Defense Supply Chain
RFgen
AUGUST 14, 2017
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. Many counterfeit electronics leak into the supply chain through unknown groups without the supplier’s knowledge.
Aerospace 52
52 
Supply Chains to Admire: 2016 Results
Supply Chain Shaman
JULY 25, 2016
To determine the winners, we compare the effectiveness of each company against relative performance within an industry-specific peer group. In the analysis, we divide companies into three groups: winners, finalists and under-performers. This is an high-performing group representing 5% of public companies. Finalists.
Pharmaceutical 210
210 
Added Developments and Clarity to Boeing 737 MAX Production Pause
Supply Chain Matters
MAY 4, 2023
West reiterated that the aerospace provider expects delivery of between 400 and 450 737 family aircraft in 2023. Boeing reportedly ended Q1 with approximately 225 737 MAX aircraft in inventory status. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.
3 Ways to Accelerate Your Inventory Management
RFgen
SEPTEMBER 26, 2018
TABLE OF CONTENTS: The Current State of Inventory Management. Integrate and Optimize Inventory Workflows. Implement Inventory Management Software. Integrate ERP Data with Inventory Processes. While your inventory may be a crucial asset, these assets quickly turn into liabilities when not properly managed.
3 Ways to Accelerate Your Inventory Management
RFgen
SEPTEMBER 26, 2018
TABLE OF CONTENTS: The Current State of Inventory Management. Integrate and Optimize Inventory Workflows. Implement Inventory Management Software. Integrate ERP Data with Inventory Processes. While your inventory may be a crucial asset, these assets quickly turn into liabilities when not properly managed.
Boeing and One Airline’s CEOs Shares Candid Perspectives on the State of Commercial Aircraft Supply Chains
Supply Chain Matters
MAY 26, 2023
Background In our ongoing coverage of commercial aircraft and aerospace industry supply chains, we have highlighted and described the various ups and downs of this industry. Among the sessions was a conversation among Boeing CEO David Calhoun and Qatar Airways Group CEO H.E. Akbar Al-Baker (video recording). All rights reserved.
Qatar 52
52 
Supply Chain Matters News Capsule September 8 2023- Boeing and Toyota
Supply Chain Matters
SEPTEMBER 8, 2023
Yesterday highly noted Seattle Times aerospace industry reporter Domenic Gates reported that the manufacturing defect: “ is likely to reduce the MAX delivery rate by about a third, leading to a negative cash flow and a financial loss for the third quarter, the company’s chief financial officer said on Thursday.” All rights reserved.
Parts Are Not Parts
Supply Chain Shaman
JUNE 14, 2018
Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. The largest increase is in Aerospace and Defense (A&D). Days of Inventory by Industry Across Years. This includes: Prioritized Inventory Actions.
Optimal Sourcing 171
171 
DELMIA Communities Week in Review for April 12th
DELMIA Quintiq
APRIL 16, 2021
Boticário Group | DELMIA Customer Video. Boticário Group leveraged DELMIA to enable plant floor operations and drive standardization. Virtual Commissioning in Aerospace: DELMIA, ControlBuild, Virtual PLC and Virtual Robot Controller (Part 2/2). Connect with us to exchange and share on the DELMIA Communities. See you there!
Malaysia and Singapore’s 7 Best ERP Systems for Omnichannel Operations
Vinculum
AUGUST 30, 2022
Such a process helps manage accounts, inventory, supply chain, project management, operations, and other relatable processes to run the business significantly. Sage Group. Sage Group was established 20 years back and provided a lot of Cloud Solutions for the growth of the businesses. per cent of the total revenue generated.
Malaysia 52
52 
Airbus and Boeing Q1-2023 Operational Performance- Differing Supply Chain and Production Challenges
Supply Chain Matters
APRIL 18, 2023
Long time Seattle Times aerospace industry reporter Domenic Gates tweeted that it is believed that this problem may date back four years and possibly affect most of the planes built since the original grounding of the aircraft in 2029. All rights reserved.
Engineering Change Management – Shouldn’t This Be Easier?
Kinaxis
SEPTEMBER 29, 2016
Unfortunately, since engineers rarely talk to supply chain planners, this seemingly easy type of change causes headaches for both groups. With shortages comes missed deliveries, and in most industries – particularly the aerospace industry – that means big dollars in late delivery penalties. That someone is the Engineer.
Material Savings 100
100 
Supply Chains to Admire – 2016 Results
Supply Chain Insights
JULY 26, 2016
To determine the winners, we compare the effectiveness of each company against relative performance within an industry-specific peer group. In the analysis, we divide companies into three groups: winners, finalists and under-performers. This is a high-performing group representing 5% of public companies studied.
Pharmaceutical 110
110 
AI-Driven Supply Chain Decision Intelligence: Making Smarter and Faster Supply Chain Optimization a Reality
ThroughPut
FEBRUARY 14, 2024
Supply chain operations generate oceans of diverse data about customer preferences, trends, order changes, production operations, inventory levels, and logistics routes and costs. Let’s take the example of an Aerospace sensor company. Why is Decision Intelligence Important in the Supply Chain?
The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics
Resilinc
DECEMBER 21, 2023
Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area.
Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases
ThroughPut
DECEMBER 8, 2023
In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.
Airbus Reiterates 2023 Aircraft Delivery Commitments
Supply Chain Matters
NOVEMBER 10, 2023
Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. The post Airbus Reiterates 2023 Aircraft Delivery Commitments first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. Better late than never. All rights reserved.
Boeing and Airbus Have Sky-High Expectations for Supply Chain
RFgen
JULY 29, 2016
In fact, Dan Crowley, the chief executive at Triumph, an aerospace equipment group, recently assured these two major Triumph customers that production plans will continue in full swing. For one, deliveries of the engine that powers the Airbus A320neo from aerospace company Pratt & Whitney have been delayed.
Boeing and Airbus Have Sky-High Expectations for Supply Chain
RFgen
JULY 29, 2016
In fact, Dan Crowley, the chief executive at Triumph, an aerospace equipment group, recently assured these two major Triumph customers that production plans will continue in full swing. For one, deliveries of the engine that powers the Airbus A320neo from aerospace company Pratt & Whitney have been delayed.
Warehouse Management System (WMS): The Complete Guide
Clear Spider
NOVEMBER 9, 2022
As your business grows, new products are added to your inventory. What’s the point of storing inventory in a warehouse if the items can’t be found when it’s time to fill a customer’s order? Warehouse management software is commonly used to track inventory in the Manufacturing and Retail industries. So far, so good.
RFID and IoT Providing Double Benefits for Automotive Manufacturers
GlobalTranz
FEBRUARY 22, 2017
This technology is able to bolster supply chain and inventory management by using a digital database of raw materials, finished goods, and current production cycles. Fields Automotive Group is using RFID technology to identify repeat customers as they arrive for regular maintenance or special service. As the U.S.
Automotive 163
163 
Liebherr-Aerospace digitizes its supply chain with AirSupply
SupplyOn
OCTOBER 10, 2019
AirSupply was selected not only because it meets all the functional requirements for transparent collaboration processes, but also because it is already used extensively by key players in the aviation industry such as the Airbus Group , Dassault, Safran and Thales. This avoids the error-prone and inefficient method of exchanging Excel lists.
November Global PMI Reporting Reflects Some Stabilization
Supply Chain Matters
DECEMBER 4, 2023
A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.
Airbus Acknowledges Supply Network Constraints Impacting Wide Body Production
Supply Chain Matters
JUNE 6, 2023
Background and Perspective In a number of prior Supply Chain Matters commentaries focused on commercial aircraft and aerospace supply networks, we have highlighted how the now post-pandemic domestic and international demand for air travel has again accelerated the demand from air carriers for new, more technology laden and fuel efficient aircraft.
Supply Chain Matters Most Read Blogs in 2021- Part Two
Supply Chain Matters
MARCH 10, 2022
The Supply Chain Matters blog highlighted reported candid remarks from the CEO of aerospace manufacturer Airbus regarding the challenges of revised production and aircraft delivery plans on the company’s global supply network partners. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.
Federal Reserve GSPI Index Drops Significantly in April
Supply Chain Matters
MAY 30, 2023
The logistics industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. This recent April data reinforce that U.S.
American Software Reports First Quarter of Fiscal Year 2022 Results
Logility
AUGUST 25, 2021
Notable new and existing customers placing orders with the Company in the first quarter include: , Berlin Packaging, Destination XL Group, Inc., delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs.
Winners in business: Supply Chains to Admire 2016
Supply Chain Movement
OCTOBER 31, 2016
Most companies are moving backward on the Supply Chain Matrix That Matter (growth, operating marging, inventory turns and Return on Invested Capital). In the analysis, we divide companies into three groups: winners, finalists, and under-performers. This high-performing group represents 5 percent of public companies studied.
Unlocking the Power of JD Edwards Barcode Software: A Comprehensive Guide to Boosting Accuracy, Efficiency, and Cost Savings Across Industries
RFgen
MARCH 13, 2023
In today’s fast-paced business environment, the need for accurate, reliable, and efficient inventory management has never been more critical. Leveraging barcoding technology and mobile inventory software drives operational excellence while maximizing the bottom line. Improved Efficiency. Increased Productivity.
Auto Supply Chain Prophets Podcast Wrap-up: Eps. 26-31
QAD
MAY 30, 2023
In this episode, we meet up with Jovani Gonzalez , Chief Financial Officer of Acument Global Technologies to discover how Acument and its fasteners are making the leap from combustion vehicles and aerospace applications to EVs with a “fail fast” mentality. “One The only way that we have to improve that situation is by making a strong plan.
Procurement KPIs & Metrics: What To Focus on and How To Measure
Precoro
OCTOBER 10, 2022
Inventory KPIs: Inventory Aging, Inventory Turnover Ratio. This is especially important for industries like automotive and aerospace, where the stakes are high and multi-tiered supplier bases are maintained. Inventory KPIs: Inventory Aging. Inventory Turnover Ratio. What to Focus On.
The Federal Reserve’s Interest Rate Action and the Signal for Assessment
Supply Chain Matters
JUNE 16, 2022
The Logistics Managers Index for May indicated that inventory costs are now one-third higher than they were last year. CFO ’s, if they have already done so, will be calling for a comprehensive inventory management analysis, especially if prior decisions were made to take on added inventory as a supply network risk mitigation measure.
Using Spend Analysis to Understand Supply Chain Risks
NC State SCRC
MARCH 16, 2023
Although there were thousands of part codes, I was able to work it down to 200 specific groupings of parts and compared this to the buyers assigned to each part. And then I compared this grouping to a list that should be the buyers for each part. This allowed me to look at the “deck” of the current buy for a commodity group.
Supply Chain Matters News Capsule Follow-Up- July 28 2022
Supply Chain Matters
JULY 28, 2022
Walmart CEO Doug McMillon indicated to investors at the time that inflationary costs related to rising fuel and inventory costs created more pressures on margins than previously expected and that the retailer was now adjusting. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.
SCRC Student Project Lineup Off to a Great Start…
Supply Chain View from the Field
AUGUST 27, 2014
NC State kicked off classes last week, and as usual our incoming group of MBA students were lined up with projects as part of their entry class into supply chain management, MBA 541. In this context, relationships may exist between internal functional groups, as well as with suppliers and/or customers.
All Across Business, Chief Supply Chain Officers are on the Rise
Kinaxis
NOVEMBER 27, 2015
It talks about how more and more companies are adding Chief Supply Chain Officers (CSCO’s) to their executive groups – companies ranging from emerging startups like eCommerce glasses retailer Warby Parker to established, highly-regulated Fortune 500 companies like defense contractor Raytheon.
Labor Tensions Running High on Many Fronts as Peak Season Approaches
Intelligent Audit
SEPTEMBER 12, 2022
Last week saw prominent labor groups and businesses fail to come to agreements, implying that peak season may likely be interrupted by not one but two major strikes. But during the early months of the COVID pandemic, products for which they had held a two-year inventory ran out in two months. ”.
Boeing’s Corporate Culture Fix is a Systemic Challenge
Supply Chain Matters
FEBRUARY 20, 2024
This report begins with the statement: “ Within Boeing’s facilities, teams of engineers labor away, working not on building new aircraft but instead on fixing problems with already-built inventory. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.
Let's personalize your content