Restructuring The Global Aerospace Industry: Shifting The Roles Of Suppliers
- Topics:
- Strategy Formulation
- Tags:
- Aerospace,
- Aerospace & Defense,
- Channel Management,
- Industry,
- Manufacturing,
- Marketing,
- Supplier
- Source:
- A.T. Kearney
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Overview: Aerospace continues to be gripped by a tumultuous and rapid industry transformation. In civil aviation, liberalization, and privatization have led to massive consolidation and restructuring, altering relationships between airlines and air framers. As a result, companies in the aerospace industry are rethinking their strategic positions. A recent survey of aerospace executives in Central Europe found that 78 percent expects massive consolidation within the next five years. The question it addresses is how should suppliers prepare for, and react to, the restructuring. This article discusses the industry restructuring and what suppliers in today’s aerospace industry have in common with suppliers in yesterday’s automotive industry during a similar industry shakeout. There are five success factors of the supplier. Some of these are: Take on comprehensive supply-chain management capabilities, accept leading-edge R&D capabilities, and focus on selected products and modules. Although many suppliers today seem to understand parts of the message, the trouble is most companies consider themselves buyers rather than sellers.
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Format: PDF | Size: 146KB | Date: Jan 2003 | Pages: 14
