The Aerospace Supply Chain in 10 Years

By Logan Wamsley

There’s an interesting paradox that can be attributed to the aerospace industry: despite being responsible for some most advanced military and consumer-based technology the world has ever seen, the supply chain that brings such technology to life is notoriously traditional. Where OEMs in other industries have adopted various software applications to monitor inventory and establish…

The Consolidation of the Aerospace Supply Chain

By Logan Wamsley

While each industry can be defined by its own defining features and challenges, the aerospace industry stands apart as being particularly unique — and risky. By 2023, the Airbus Global Market Forecast projects there to be roughly 37,400 passenger and freight aircraft in regular rotation, up from 18,460 in 2014. Despite this growth, however, the…

Risk and Reward in Your Aerospace Supply Chain

By Logan Wamsley

Driven by increased travel demand and decreased fuel costs, the aerospace industry is perfectly poised for a new era of growth and expansion. In a recent study, the aerospace sector grew by 2.4 percent in 2016 alone, with a total revenue nearing $674 billion. With such opportunity, however, aerospace leaders such as Boeing and Airbus…

Partstat Accepts Boeing Excellence Award

By Michael Stratton

Partstat announced today that it has received a Boeing Excellence in Advocacy Award for 2016. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance in government outreach activities to help government policymakers better understand aerospace issues and promote legislation that support aerospace companies. Boeing suppliers are uniquely qualified to…