Tom Bacon, consultant with Revenue Optimization, discusses how supply chains can embrace the model of dynamic pricing that was pioneered by the airline industry.
The 3D printing market is expected to quadruple over the next decade to $12bn, moving from its main use today of creating prototypes to the most complex of production parts, according to Lux Research.
Boeing and its investors likely couldn't be happier with the first quarter 2014 earnings report: revenue rose 8 percent over the year-ago quarter, operating margins widened, and 2014 guidance got boost. The U.S. aerospace company ramped up deliveries for its 787 and 737 models to keep pace with demand, which in turn increased cash flow beyond analyst expectations. And a $374bn backlog of more than 5,100 aircraft guarantees that even if Boeing stopped booking new orders today it would take nearly a decade to deliver all the planes on order. But things don't appear quite so rosy in Boeing's Defense, Space & Security division.
Boeing suppliers are developing "a sense of acceptance" that the manufacturer's push for a 15 percent reduction in supply chain costs won't ease up even as the economy improves, an informal survey of several major suppliers by Canaccord Genuity finds. Whether the push will succeed remains to be seen.
The goal of industrial asset management, or IAM, is to maximize the value of a company's assets. An effective IAM solution can make the business more efficient, reduce downtime and improve service delivery. And yet, for many companies, the current IAM operating model just isn't cutting it. For original equipment manufacturers or OEMs in particular, the IAM function leaves a great deal of unrealized potential on the table – in some instances, up to 20 percent service cost reduction, 15 percent revenue enhancement, and 15 percent asset up-time improvement.
China's investment of billions of dollars in a domestic commercial aviation industry has yet to result in a commercially viable aircraft and is unlikely to do so for the foreseeable future, according to a new RAND Corporation study.
The latest supply-chain news, analysis, trends and tools for executives in the aerospace and defense industry. Learn how aerospace and defense companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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