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Understanding the Challenges Facing Aerospace and Defense Manufacturing Firms

USC Consulting Group

Businesses navigating the global aerospace and defense sector reached new heights in 2018, generating record revenues and laying the foundation for sustained organizational success through fast and furious merger and acquisition activity, according to research from PricewaterhouseCoopers. Protectionist trade policies.

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6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. This metric helps the procurement department reduce future costs and prevent price increases due to inflation or other economic factors. Cost Avoidance. Supplier Lead Time.

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Driving Digital Supply Chain Transformation at onsemi

BlueYonder

At Gartner’s recent Supply Chain Planning Summit, I had the honor of co-presenting with Chance Finley, Vice President for Global Supply Chain at onsemi, a leading semiconductor manufacturer with more than $8 billion in annual revenue. But onsemi also serves the global energy, aerospace and defense, industrial, and medical markets.

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28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

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. Supplier Lead Time – Supplier lead time is the time that elapses from the time the supplier receives the order to when it is shipped.

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Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases 

ThroughPut

These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. Without visibility into this complex process, identifying the areas for improvement and the actual scope for improvement was becoming a growing challenge for this aerospace sensor company.

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4 Crucial Commodities to Watch in 2023

Resilinc

And in 2021, Apple reported that 13% of cobalt shipped in its products came from recycling. This means in order to meet the growing demand, lithium production must increase from 737,000 metric tons to more than 3 million tons by 2030 ( Washington Post ). Companies that use cobalt are pushing for changes.

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