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There’s an interesting paradox that can be attributed to the aerospace industry: despite being responsible for some most advanced military and consumer-based technology the world has ever seen, the supply chain that brings such technology to life is notoriously traditional. Where OEMs in other industries have adopted various software applications to monitor inventory and establish…
Much has been said in the news recently regarding supply chain automation finally reaching the potential analysts predicted decades ago, which has prompted intense discussions regarding obvious production benefits against the threat they pose to long-established factory positions. By 2030, some experts estimate that over 70 million of these jobs could be in jeopardy —…
With their reputation as of one of the world’s premier tech innovators to uphold, GE holds its supply chain partners to the same level of accountability it holds itself to. This is especially true with regards to the sourcing of the electronic components, which are responsible for powering the GE products customers around the world…
In a manufacturing supply chain, there are precious few constants. The price of a critical electronic component will fluctuate in accordance with customer demand, for example, as well as the demand for the OEM product among consumers. Yet, somehow, in a marketplace where change is the only true constant, manufacturers must find a way to…
Driven by increased travel demand and decreased fuel costs, the aerospace industry is perfectly poised for a new era of growth and expansion. In a recent study, the aerospace sector grew by 2.4 percent in 2016 alone, with a total revenue nearing $674 billion. With such opportunity, however, aerospace leaders such as Boeing and Airbus…
Steve Jobs once said, “Technology is nothing. What’s important is that you have a faith in people, that they’re basically good and smart, and if you give them tools, they’ll do wonderful things with them.” Obviously, Jobs was not discussing the merits of Partstat, but he might as well have. Since 1991, our company has…