The challenge for companies will be to move towards global integration in engineering collaboration, operations collaboration, logistics, infrastructure, national regulations and taxes, and competitor companies.
Profitability & Cost Pressures:
Industry profitability is being affected by rising costs for raw materials and other inputs. To remain financially viable, companies must look at ways to reduce costs and increase efficiency. Increasing raw material demand will increase margin pressure, which will lead to increased costs for aerospace companies
Better Program & Project Management:
Businesses with complex matrices and autonomous business units have difficulty integrating efficiencies across their enterprise due to cultural and organizational barriers. In the aerospace and defense industry, customers are demanding better programs and project execution.
A&D organizations need to have the best science, technology, and engineering talent in order to sustain future growth. This is compounded by the fact a large number of skilled workers are rapidly reaching retirement age, which means that aerospace and defense companies will face a shortage of experience and knowledge. Workstreams attracting and retaining talent is increasingly seen as a key strategic challenge.
Perint helps you to optimize your connections and increase visibility throughout the supply chain. We digitize and automate B2B transactions within your digital business network.
We assist you in implementing an end-to-end solution for your product and software development lifecycle. This makes it easier for multiple work streams to be coordinated and allows all parties to collaborate and communicate with each other, including suppliers.
Perint helps you reduce risk and increase efficiency by incorporating analytics, IoT, and artificial intelligence into your operations.