This whitepaper shares PricewaterhouseCoopers' point of view on the aerospace & defense (A&D) industry's challenges, and our framework for supply chain risk management. It draws on the knowledge and experience of our network of A&D industry professionals, who have extensive backgrounds in government contracting, program management, risk management, supplier management, and Lean and Six Sigma methodologies.
Radically changed. The phrase describes the aerospace and defense supply chain. Over the past 20 years, vertical integration has all but disappeared. The days when primes directly managed most of their suppliers are also over. First and second tier suppliers now supervise a huge portion of sub-system integration and with it, a huge segment of the supply chain. Today, more than ever before, programs succeed or fail because of supply chain execution.
We believe successful companies are finding they can do better. By sharing risk information and developing coordinated risk responses, it is possible to minimize surprises and disruptions, improve program performance, and reduce costs. This is the key opportunity in program risk management today.
We look forward to discussing with you how PwC might be of help in addressing the issues highlighted in the report.