Nearly 80% of senior execs rate innovation as either the top-most priority or a top-three priority for their company. The following graphic compares where innovation and product development tank among respondent company’s top strategic priorities over the last ten years.
Bottom line: Manufacturers today are facing the global challenges of staying in step with increasingly complex customer requirements while accelerating product development and reducing costs. Excelling on these three dimensions is going to require an entirely new level of Manufacturing Execution Systems (MES), Manufacturing Intelligence and analytics performance.
Gartner predicts that algorithms will have a galvanizing effect across and within enterprises and implies this will extend to value chains, defining the future of business from an interconnection and relationship standpoint.
Digital manufacturing strategies are gaining ground as manufacturers adopt big data and analytics to improve operational effectiveness, time-to-market, new product development and increase product quality and reliability.
To fully capitalize on these opportunities and perform at the speed customers expect, many of these aerospace manufacturers need to move forward with the current generation of MES applications and tools.
You can have all the fancy tools, all the simulation that shows how products could be assembled, but if your shop floor isn't working efficiently, if they don't have the right tool to build the product, those other fancy options bring you no value.
The greatest supply chain challenges A&D manufacturers face include ensuring sufficient supplier capacity meet demand (43%), supplier performance in terms of risk, reliability and quality (43%) and flexibility and responsiveness to changes in demand or product mix (40%).
Gartner's 2015 announcement of the top global supply chain leaders reveals a striking number of complex manufacturers included in its supply chain top 25, and notes the wide scope of their business models.
The highest-performing Manufacturing Execution Systems (MES) reduce the chaotic clutter of paperwork by delivering greater accuracy, precision and quality of online work instructions, while scaling processes across all production centers anytime, anywhere.