Preparing for multiple futures in aerospace
Crafting a multi-faceted transformation agenda for the commercial aerospace industry.
The aerospace industry is facing huge growth, but also competing priorities.
The urgent need to ramp up production, increased competition from emerging markets, backlog of existing orders, an increase in fleet retirements, and mounting pressure to decarbonize – all impede the speed to market for traditional original equipment manufacturers (OEMs). When crafting a transformation strategy, OEMs need to address these different – and at times, competing – priorities. They must fully reimagine traditional engineering, manufacturing, logistic and service practices, as well as reevaluate and adapt underlying operating plans, investments, and resources. The aerospace industry cannot create a strategy focused on a singular endpoint but rather embrace a multi-faceted transformation agenda. One that builds resilience throughout the business and across the supply network so that they not only succeed in the short-term – but in any scenario the future may hold.
A multi-faceted agenda transformation agenda includes:
Intelligent supply chain: Improving supply ecosystem collaboration through advanced data capabilities.
Intelligent manufacturing and supply chain: Increasing production and improving resiliency, enabled by digital continuity.
Driving sustainability: Setting a sustainable strategy, at speed and scale, through digital advances.
Intelligent Industry: Preparing the commercial aerospace industry for multiple futures with a comprehensive transformation agenda with equal investment across technologies, business processes, and people.
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