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With the aerospace industry being one of the largest international sectors with supply chains that stretch across the world, there is constant collaboration and deadlines that create better need for ways to avoid obstacles and setbacks. Surprisingly enough, in the modern world of the aerospace industry, the biggest roadblock lies in digitalization.
Currently, many suppliers still primarily work through older methods such as email and telephone for means of business. While almost half of companies have begun to digitize their collaboration with customers, those who have avoided doing so have begun to run into more and more obstacles as they go, which can quickly cause things to fall apart, no matter how small of a part.
Contrary to belief with such a pressing issue, suppliers actually very much desire the ability to build a stronger relationship with their customers and believe that digitalization is extremely important in order to face the future challenges of the aerospace industry. The main problem comes into the fact that companies believe that they are currently not well equipped to be able to meet digitalization.
What is needed for the increase of digitalization lies in the ability of maintaining high degrees of data protection, practical costs of running, transparency, options for analysis, and finding investments that are more sustainable. Highly collaborative processes such as action tracking and on time delivery would see the greatest improvements from digitalization and currently are mostly being utilized for ordering and invoicing.
Other obstacles include a lack of pre-configured digital interfaces, as well as a lack of standards for processing and IT. To solve these problems, standards would have to be first set industry wide, and then the industry would have to implement and use them. As smaller suppliers also join in on digitalization, the supply chain would greatly benefit and would see more responsiveness and visibility. Just like overhauling aircraft on ground, it is time to rebuild the process of supply chain collaboration and move into digitalization.
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