The aerospace industry is highly regulated and faces many unique challenges. Program managers must constantly analyze data as part of their quest to optimize performance and minimize exposure to risk. To help them succeed, aerospace firms are increasingly leveraging technology to filter out the noise from the information that matters. Here are 5 steps to improve supply chain visibility.
1. Identify program and supplier performance issues before they become problems.
- Remove guesswork from vendor and program performance.
- Use the color coded dashboard to highlight issues upfront.
- Identify problem areas before they become issues, and adjust your program accordingly.
2. Use data as a compass for your strategic decisions.
- Automate parts delivery and quality reports.
- Identify outliers at a glance.
- Easily track open issues and correction plans with real-time updates.
3. Use headlight metrics to view your program performance.
- Identify which program elements are excelling and where trouble is brewing.
- Take proactive action and mitigate risk.
4. Use mock audits and closed loop processes to mitigate gaps and risks
- Ability to schedule internal or external audits. Know how prepared you are.
- Identify gaps and use closed-loop processes to close the gaps and mitigate risks.
5. Have a documented way to respond to counterfeit alerts.
- Counterfeit parts and conflict materials handling is becoming increasingly critical. AS5553 and AS6174 are often part of compliance.
- Most systems do not have a convenient way to distribute and determine the impact of an alert (GIDEP or others). Tracking dissemination of the information and assessing impact is the key.
Fortunately, these five steps can be easily handled with CAPSTONE Performance Visibility Suite. It also seamlessly integrates with existing modern or legacy ERP systems like SAP, Cost Point and QMS systems like TIPQA. CAPSTONE can be set up on-site or in the cloud.