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Managing Risk Within the Supply Chain

Risk

There is a broad range of uncertainties within any supply chain – the defense industry is no different. With the ongoing threat of counterfeit product entering the market as well as continuous problems of DMSMS, excess inventory and product obsolescence, key supply chains within the industry are operating with little room for error. Following are 3 [...]

Preventing Supply Chain Disruption

Supply Chain

Any disruptions in the supply chain threaten to cause mission-critical breakdowns and, at times, program failure. Consistent, ongoing problems, such as obsolescence and counterfeit product, can be dealt with using long-term strategies specifically designed to mitigate the damage these problems can cause. Ultimately, though, the strength and security of your programs depends upon the reliability [...]

Digital Product Obsolescence

Digital Product Obsolescence

All around us at any given moment, people are using the latest models in computers and smart phones, or upgrading to the sleekest new electronic devices. Not only do we live in a culture where the rigorous updating of our most essential devices is commonplace, those of us involved in supply chain management handle issues [...]

Sustaining Efficiency Amid Supply Chain Complexity

Sustaining Efficiency

The supply chain is the backbone for the defense and aerospace industry – bringing in both new and obsolete products in to companies sustaining essential programs and operations. With its complexity, supply chains are being pushed to their limit with the increasing demands and equipment requirements which are causing capacity constraints in every tier of [...]

Reaching Financial Success Through Inventory Management

Growth

  Sustaining an exceptional inventory management strategy is crucial to reaching long-term financial success and curbing the ongoing threats of obsolescence, counterfeit product, and changing budgets. The margin for error is quickly closing in finding obsolete parts and those heading towards obsolescence within the defense and aerospace industries due to the upcoming defense budget cuts [...]

Avoiding Legacy Program Paralysis

F-16_June_2008

Executives within the defense and aerospace industry are urging the U.S. Congress to act to stop an additional $500 billion in defense spending cuts. Due to sequestration, these cuts would add to the already $487 billion and would be implemented over the next decade. The effects of the potential cuts are being felt industry-wide as companies look [...]

Overcoming Defense Spending Cuts

Defense Spending Cuts

New and draconian budget cuts are scheduled to take effect January 2013 unless Congress reaches a deal to prevent the reductions. If the cuts are implemented, the defense industry will face new strategic threats to supply chain quality control. Due to a legal process known as sequestration, the new defense spending cuts would be phased in over [...]

3 Strategies for Managing Supply Chain Obsolescence

Supply Chain Risk

Counterfeit electronic components fueled by product obsolescence remains one of the greatest threats to the aerospace and defense industries’ supply chain. In 2011, obsolesce accounted for one out of every two counterfeit parts, according to the IHS. Programs that lack strategies designed to mitigate the threat of counterfeit product as well as plan for product obsolescence face [...]

Protecting Aging Programs Against Counterfeit Product

Computer Chip

The risk of counterfeit product increases as programs age and, over time, threatens complete program failure. A strong defense against the scourge of counterfeit product relies largely upon strategies that balance DMSMS problems with a reliable quality assurance policy. These approaches help aging programs avoid disruptions to future production cycles by protecting product that is highly susceptible to counterfeiting. [...]

The Increasing Demands on Legacy Program Management

Computer microchips

Counterfeit electronic components represent one of the greatest threats to the program management as more inauthentic product bombards the supply chain each year. Mitigating this problem can mask other supply chain vulnerabilities, and adds additional risk to aging and legacy programs. Preventing counterfeit components from entering the market while successfully managing legacy programs depends on [...]