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.
- Automate parts delivery and quality reports.
- Identify outliers at a glance.
- Easily track open issues and correction plans with real-time updates.
- Identify which program elements are excelling and where trouble is brewing.
- Take proactive action and mitigate risk.
- 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.
- 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.