Supply chain pain points in the Aerospace and Defense industry

Kinaxis

by Alexa Cheater 7 barriers to aerospace and defense supply chain success. Aerospace and defense supply chain pain points. A solution that supports all aerospace and defense specific planning parameters into demand, supply, inventory and capacity balancing.

Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

NC State SCRC

Our third contract research paper is by James Wilkinson, focusing on aerospace contracts which typically entail a great deal of risk (as illustrated by the Boeing 737 MAX incident…). Risk in Aerospace and Defense Industries. With inventory desired to be at a minimum.

AB&R® to exhibit at RFID in Aerospace and Defense

AB&R

a nationwide provider of proven supply chain solutions, will be an exhibitor at the RFID in Aerospace and Defense Conference in Arlington, VA on December 12, 2018. The RFID in Aerospace and Defense event will provide information on the use of Radio Frequency Identification (RFID) technology. Several large aerospace and defense companies are already including RFID technology in their operations to track parts and shipments throughout the supply chain.

Added Political Developments Related to Brexit Add to Uncertainties

Supply Chain Matters

Automotive and commercial aerospace supply networks have special considerations in the need to sustain just-in-time material movements. There is yet a new development regarding Brexit and the many supply and customer demand networks that would be impacted by an ill-defined exit plan. .

VMI system goes live at Fokker Aerostructures

Supply Chain Movement

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.

System 101

Boeing Initiates Tactical and Strategic Supply Chain Moves

Supply Chain Matters

Commercial aerospace and aircraft producer Boeing has recently initiated some supply chain risk mitigation and strategic sourcing moves which demonstrate responses to important business needs. Todays Wall Street Journal reports (paid subscription or metered view) that certain aerospace manufacturers, namely Boeing and United Technologies, have been augmenting safety stock supplies of titanium, a critical material utilized in the fabrication of critical aircraft components.

This Turbulent Week in Brexit Events and Consequent Multi-industry Supply Chain Disruption Planning

Supply Chain Matters

Scenario #2 implies that capacity, safety stock inventory, logistics and transportation contingency plans or commitments need to remain active and diligent.

What the Analysts Are Saying About…A&D Supply Chains

Kinaxis

I spread my Supply Chain wings at an Aerospace company and since Aerospace and Defense is a key vertical market for Kinaxis, the recent Supply Chain Metrics That Matter: A Focus on Aerospace & Defense report was downloaded on my laptop to read on my next flight.

Ongoing Airbus Delivery Delays Lead to Order Cancellation and a Publically Declared Riled Customer

Supply Chain Matters

Aerospace Supply Chain Inventory Management Procurement and Sourcing Product Lifecycle Management Supply Chain Strategy Airbus A320neo supply chain Airbus A350XWB supply chain Airbus supply chain commercial aircraft industry supply chain challenges Supply chain Matters blogIn a recent Supply Chain Matters commentary, we highlighted that Airbus’s commercial aircraft delivery cadence was under a broader looking glass with perhaps undesired customer visibility.

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Your Forecast Isn’t Accurate – Is Your Inventory Optimization Solution Making Things Worse?

E2open

Your Forecast Isn’t Accurate – Is Your Inventory Optimization Solution Making Things Worse? Inventory buffers can counteract the effects of inaccurate forecasts. But, are you setting wrong inventory targets because your inventory optimization solution doesn't understand how bad the forecast really is? A good inventory optimization solution uses the mismatch between forecasts and orders to come up with stocking levels. Aerospace & Defense.

Supply Chain Matters News Capsule for July 25- Zara, Pratt & Whitney, Hershey, Mars

Supply Chain Matters

The tracking system embeds chips inside of the plastic alarms attached to various garments and supports real-time inventory tracking. […]. It’s the end of the calendar work and this commentary is our running news capsule of developments related to previous Supply Chain Matters posted commentaries or news developments.

Eliminating the blind spot: Insights into supplier’s production reduce inventories, lower risks & save costs

SupplyOn

Connecting to the supplier’s MES helps to reduce inventories and ensure supply reliability while allowing for high levels of product customization A leading aerospace company optimized its global supply chain with SupplyOn through an innovative Industry 4.0 The challenge The aerospace supply chain is globally distributed , its various stages tightly coordinated.

The internet of (supply chain) things

Kinaxis

In a previous life, we had examples where aerospace products were produced in a non-air-conditioned factory but measured in an air-conditioned QA lab. Inventory Tracking – Despite all the efforts manufacturers put into inventory accuracy it still happens.

Throw Back Thursday: Remembering ‘Meeting Customer Demand in a Complex Industry’ from Kinexions

Kinaxis

Customers include the aerospace, surface mining, oil and gas and machine-tool industries. General News Inventory management Sales and operations planning (S&OP) Supply chain management Supply chain risk management by Melissa Clow Kinexions is in 26 days!

You are Here!

synchrono

Inventory – Excess material and WIP. The Lean Journey Often Starts with Inventory. For many manufacturers, it makes sense to start by focusing on excess inventory. Lean Manufacturing Uncategorized inventory lean journey lean manufacturing Metrics waste

SCRC Student Project Lineup Off to a Great Start…

Supply Chain View from the Field

The student teams then experience a one year simulated environment, which requires them to think about how to deal with conflict in the supply chain over a period of time, how to manage inventory, meet customer/supplier requirements, and do so profitably. 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.

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Guest Blog: Real-world Advice for Getting Started on eKanban

synchrono

reduced inventory waste and carrying costs and more) asking people to change the way they work is also real. There is a real cost of carrying inventory and eliminating this cost frees up accessible cash that can be reinvested into the company. by Jim Shore.

SupplyOn guest lecture @ HWR Berlin (Berlin School of Economics and Law)

SupplyOn

The topics covered included inventory policies, the added value of supplier portals and of close collaboration as an early warning system. Practical insights into inventory management via VMI (Vendor Managed Inventory) and into SupplyOn’s analysis capabilities of its very own data lake were also part of the program.

The 3D printing revolution you haven’t heard about

Supply Chain Movement

The technology is proving indispensable in research and prototyping, and for creating unique and obsolete parts—in particular for the automotive and aerospace industries. For industries where storage for parts inventory is limited, this is welcome news.

Parts Are Not Parts

Supply Chain Shaman

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.

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Supply Chains to Admire: 2016 Results

Supply Chain Shaman

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

Reducing Working Capital in Supply Chains

Logistics Bureau

Current assets include inventory and accounts receivable, i.e. payments you are waiting to receive, notably from your customers. A ratio of more than 2 may be a sign that inventory is increasing too much or that the company is slow in collecting payments.

Supply Chain Risk Management and Rocket Science

Logility

The aerospace industry was an early adopter of Failure Mode and Effects Analysis (FMEA) which, as the name implies, involves reviewing as many components, assemblies, and subsystems as possible to identify failure modes and their causes and effects.

Here are the top automotive inbound supply best practices

The Network Effect

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , the all important ASN , and international shipping. Image by Flickr user Alang7.

3 Prerequisites to a Modern Demand-Driven Supply Chain

synchrono

For example, we helped Orbital ATK, an aerospace manufacturer of custom composite parts, connect over 100 individual data sources to collect data from more than 61,000 tags. In 2010, Gartner estimated that manufacturers outsourced about 70% of the products they make to other manufacturers.

DiManEx partners with Wipro to offer Distributed Manufacturing Services

DiManEx

Building on its extensive consulting and engineering experience, Wipro will collaborate with DiManEx to offer services for the distributed manufacturing of 3D printed parts and provide a digital inventory of parts for its clients.

Supply Chains to Admire – 2016 Results

Supply Chain Insights

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

Optimizing Liberty Global’s Supply Chain: An Interview with Willem Vesters

AIMMS

I have a Master’s Degree in Aerospace Engineering from Delft University of Technology but I’ve spend most of my career in operations. Our inventory levels on this side of the business tend to be quite high, with a rotation going to 1 year.

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Supply chain pain points: Automotive

Kinaxis

Solution: Work toward end-to-end supply chain visibility with insight to planned and current demand, inventory, capacity, constraints and supply at any desired level of the product hierarchy. Aerospace and defense.

4 Key Trends to Watch in Smart Manufacturing and Supply Chain

Cerasis

One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. To gain and sustain competitive advantage, the principles of lean manufacturing, just in time and inventory control are simply not enough.

Engineering Change Management – Shouldn’t This Be Easier?

Kinaxis

With shortages comes missed deliveries, and in most industries – particularly the aerospace industry – that means big dollars in late delivery penalties.

Why the supply chain should be more social

The Network Effect

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.

Supply chain data: Bad data delivered faster is still bad data, and leads to bad decisions

Kinaxis

It doesn’t matter if they’re high tech, consumer packaged goods, aerospace, automotive, or life science. The only inventory records are ‘inventory receipt date’ and ‘inventory ship date’.

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[Video] Kinaxis – Revolutionizing supply chain planning

Kinaxis

At the moment, Kinaxis focuses on six verticals: high-tech, industrial, aerospace and defense, life sciences, automotive and consumer packaged goods. If I’m the demand manager, for example, my simulation is not about inventory but demand.

3D Printing Changes the Supply Chain

Kinaxis

An article in my local paper, the Atlanta Journal-Constitution , had this interesting quote, “From aerospace to health care to consumer products to toys to medical devices, furniture … what I think you’re going to see is an explosion of use.”.