Photo By Cultura Allies The lingering impact of the Covid-19 pandemic ripples across the aerospace industry even today. Although production has ramped up again, aviation operations are still struggling to rebound from the issues plaguing their supply chains, making it…
Photo By anatoliy_gleb The energy sector is a vital component of modern society. However, as production ramps up, companies are faced with new challenges. The service sector struggles to keep up and find new ways to minimize costs and maximize…
Photo By kitthanes Even today, the aftershocks of the Covid-19 pandemic ripple across the global economy, and among the hardest hit was the MRO supply ecosystem. The pandemic exposed vulnerabilities and inefficiencies in the global supply chain which has pushed MRO…
Photo By Yaroslav Astakhov In light of recent events, “uncertainty” has been the defining word for the aerospace industry. Disruptive events like the Covid-19 pandemic, the raw material shortages, and the lack of skilled labor have completely changed the aerospace…
Photo By Mr. Music Recent global disruptions are revealing a serious need for supply chain modernization, especially in the automotive industry In an increasingly digitized world, it’s apparent that technology will continue to be at the forefront of supply chain…
Photo By heychli The aviation industry continues to rebound from the pandemic and airlines are confident that they’ve reached a turning point in their financial recovery. As the industry is heading into another year of a post-pandemic world, airlines are now…
Photo By kitthanes In light of recent events, it seems as though procurement teams across the globe can’t catch a break. The aftershocks caused by the Covid-19 pandemic, geopolitical instability as the result of the Russia-Ukraine war, and the constant threat…
Photo By Blue Planet Studio Managing your spare parts inventory can make or break an MRO strategy. Companies should have consistent insight into maintenance, repairs, and operations (MRO) inventory needs and existing stock levels to help forecast upstream needs and keep…
Photo By sittinan In a nutshell, MRO inventory management is the delicate balance between having enough stock to remain well equipped without overspending on inventory items that may remain unused. Incorporating effective inventory management methods and procurement management strategies can keep…
Indirect procurement is where budgets quietly leak. Purchases are decentralized, categories are broad, and policies are inconsistently enforced. The result is supplier sprawl, price variance, and limited visibility. This article explains how manufacturers change indirect procurement spend patterns by improving…
