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Supply Base Challenges as a Tier 1 Supplier

  • today
  • access_time 8:00 - 9:00 AM PT
  • location_onAeroDef Theater
  • blur_circularKeynote Presentation
  • monetization_onIncluded with Exhibits Registration

Suppliers and manufacturers need to do as much as possible today to get ahead. To succeed, suppliers should consider partnering with larger companies and Universities. Be proactive – anticipation/early mitigation is key.

Key take-aways include:

  • Cost of material (inflation, Russia/Ukraine, trucker challenges – Macro-Economics) all exacerbated by labor market (skills/wages/remote/hybrid)
  • Future focus on additive/advanced manufacturing; digital thread
    • Design for supply chain/execution
    • Importance of manufacturers/tier 2s+ to understand, become early partners, and move at speed
    • Smart factories – impediments of sub tier suppliers not staying ahead
  • Increase of regulatory requirements like sustainability and cyber security
  • Vincent Aguilar
    Sector Vice President, Global Supply Chain
    Northrop Grumman Aeronautics Systems