High-reliability component supply chains are complex. In more traditional models, each buyer maintains a one-to-one relationship with each supplier. Within that structure, however, the buyer bears the burden of responsibility to direct the flow of information between multiple tiers. The buyer is tasked with obtaining quotes from each supplier, generating multiple purchase orders, monitoring deliveries and expediting when necessary, supporting multiple manufacturing locations, communicating issues or changes to all parties, etc. Sound familiar? The one-to-one relationship quickly becomes a one-to-many relationship.
In addition, external factors affect the supply chain as well. During the long manufacturing cycles for many hi-rel components, the market can either expand or contract, adding unpredictability and uncertainty to the order fulfillment process. Flexibility is the key but many companies are working within inflexible supply chain structures.
Flex your supply chain! In this white paper, you will learn how traditional supply chains models limit growth in today’s dynamic market and companies need to adapt quickly. Learn detailed techniques on how to restructure for the hi-rel industry, specifically for builders of spacecraft and launch vehicle hardware.
For more information, please visit TCS Space & Component Technology.
