The aerospace and defense industry is responding to changes in defense procurement as spending on major defense programs come under more scrutiny. Complex global supply chains in this vertical need to respond quickly to the changing demand and ensure better control of direct costs. Developing a lean and agile supply chain will enable companies to be more competitive globally and return to profitability.
Smarter procurement and inventory control, enabled by FusionOps Streamline, can optimize working capital, reduce shortages and material inventories. FusionOps Streamline’s smart procurement processes can be configured to make routine buyer decisions such as checking for excess inventory or availability at other plant locations before releasing purchase orders, thereby reducing inventory and excess materials liability.
Compliance to regulatory requirements such as SOX and DOD/FAA regulations are enforced through configurable business processes in FusionOps Streamline. Rules-based exception handling ensures greater responsiveness, around the clock, to material quality, supplier and other exceptions.
Share design documents and exchange supplier-specific information with suppliers and internal departments as easily as an email attachment.
Improve visibility to quality control through FusionOps Insight and enforce quality standards by collaborating with suppliers and adopting solutions to track and monitor performance using custom workflows in FusionOps Streamline for supplier qualification, non-compliance notification and corrective actions.