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U.S. Aerospace Supply-Chain Management Solutions Market
Frost & Sullivan, Sep 2010, Pages: 50
This research service shares an overview, outlook and solutions for the U.S. supply-chain market. The research focuses on the overall supply-chain market, which includes an overview of the market, the competitive landscape and analysis as well as the strategic recommendations. Supply-chain companies include prime contractors, Tier 1, Tier 2 and Tier 3 companies. This research service includes the market dynamics, and an overview and analysis of the U.S. supply-chain market with the market forecast. Also shared in this research service are the aerospace value chain, market impact, market assessment and its impact.
Research Overview
This Frost & Sullivan research service titled U.S. Aerospace Supply-Chain Management Solutions Market provides an overview and analysis of the various factors involved in aviation supply-chain management. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: prime contractors, Tier 1, Tier 2, and Tier 3 suppliers.
This analysis is available through our Aerospace Growth Partnership Service program. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services program ensures that you and your Growth Team™ are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.
Market Overview
Inventory Management Solutions Vital to Succeed in the Aerospace Supply-Chain Management Space
The primary objective of the airline supply-chain is to ensure that the right material is delivered to the right place at the right time. The second objective is to manage the parts procurement and supply-chain function as efficiently as possible. Once these objectives are met, the supply-chain can help reduce costs, increase functionality, and create a source of competitive advantage for the airline. The commercial aviation supply-chain has been feeling the effects of the cost cuts implemented by the airline industry, which experienced low traffic over the last two years. In the United States, there are currently 7,336 aircraft in service with 844 on order. Top suppliers of new aircraft programs are likely to continue thriving, at the cost of maintenance, repair, overhaul (MRO) suppliers and airlines.
“Supply-chain management addresses the fundamental business problem of supplying products in complex and uncertain scenarios,” says the analyst of this research. “Supply-chain companies can resort to inventory management solutions to yield significant improvements in both inventory cost and customer service levels, without having to make any significant changes to the supply-chain.” Steady growth is expected for the $337.26 billion commercial aircraft production segment, which is expected to touch $438.44 billion in 2020. Commercial aerospace manufacturing is expected to dominate the market.
The complex aerospace global supply chain impedes the growth of the aerospace industry. The total number of suppliers in the entire aerospace supply chain is high and dispersed throughout the world. The lack of an efficient supply relationship management results in cost and time overruns and thereby, losses. “Inventory planners have to re-rationalize the inventory investment to balance supply and demand,” notes the analyst.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Participants:
- Prime contractors
- Tier 1, Tier 2, and Tier 3 suppliers
By Geographic Region:
- Asia Pacific
- Europe/Russia
- Africa/Middle East
- Middle East
- North America
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