Today’s manufacturers in nearly every industry have to grapple with complex supply chain planning challenges brought on not only by the COVID-19 pandemic, but also by an increasingly globalized supply chain, geopolitical issues, growing demand for customization and more. One industry particularly impacted by these challenges is aerospace and defense, due to its global market and discrete manufacturing requirements.
Since 2018, Spirit AeroSystems, one of the world’s leading aerospace and defense manufacturers, has relied on LeanDNA’s solution to optimize its supply chain and improve business outcomes. The initial engagement began with a goal to reduce excess inventory and free up cash. Together, we not only achieved that, but also recognized a 16 percent decrease in inventory. By adopting LeanDNA’s platform, Spirit AeroSystems is now able to:
- Gain visibility into real time inventory levels
- Standardize workflows created to maximize team efficiency
- Automate prioritized inventory actions to guide teams day-to-day and ensure on-time delivery to customers
- Give their entire network of buyers, planners and suppliers total visibility and the tools needed to collaborate, make real-time adjustments
Because of the results the organization achieved, Spirit Aerosystems recently recognized LeanDNA with the 2021 Supplier Innovation Award. Jim Cocca, vice president of supply chain execution at Spirit AeroSystems said, “LeanDNA’s modern, factory-focused solution gave us the insights needed to adjust inventory, streamline supplier collaboration and improve on-time delivery for our customers globally.” To find out more about how Spirit Aerosystems implemented LeanDNA’s solution, check out this story.
LeanDNA is proud to work with our aerospace and defense customers, as well as all our other discrete manufacturing customers, to address their supply chain planning issues, ensuring they are equipped with the tools necessary to stay competitive and successful amidst volatile demand and continuous disruptions.
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Check out our case study with aerospace manufacturer Safran Seats GB to learn how they leveraged LeanDNA to standardize their inventory optimization practices, free up IT resources, and more.
Labor shortages are on the rise.
Hiring and retaining skilled talent is key to being successful in today’s global supply chain, however, this is proving no small task. The mixture of labor shortages and hiring freezes is wreaking havoc for supply chain teams.
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Between optimizing inventory techniques and supply chain execution traditional, manual techniques are not getting supply chain professionals where they need to be. It’s time for a new industry optimization platform that can bridge the execution gap. Get rid of excess inventory and start saving.
See how this global industrial manufacturing leader closed the execution gap to optimize inventory
