Greasing the Wheels: Ways to Put Supply Chain Collaboration into Action
Aerospace and defense (A&D) companies increasingly find themselves competing as supply chains, rather than as individual businesses. Yet many continue to treat their supply chains as traditional buyer-seller relationships and not as true collaborative relationships. The results? Production delays, inefficiencies and cost overruns that can undermine profitability and tarnish a company’s reputation in the marketplace.
To address these problems, A&D companies must move beyond transactional-based relationships and develop comprehensive approaches for collaborating on key processes across the supply chain network:
- Establish cross-functional ownership and C-level support
- Set clear goals
- Focus on process improvement
- Integrate systems
- Actively manage change
- Build relationships and trust
- Establish rock-solid data security
This document offers a time-tested approach and framework to consider as you think through the steps and activities necessary to begin this journey.
Download the full report below in PDF format.