Value Stream Mapping in the Aerospace Industry

What is Value Stream Mapping? The goal of value stream mapping is to visually map out the path of a product from start to finish. This includes showing which suppliers send in raw material, the individual manufacturing processes that create the product and the customers that receive the product. More importantly value stream mapping allows …

The next era in aerospace supply chain evolution?

Shortly after becoming CEO of Ford Motor Co., former Boeing Commercial Airplanes chief Alan Mulally was asked if he was ready for the complexity of the automotive industry. “An automobile has about 10,000 moving parts, right? An airplane has 2 million, and it has to stay up in the air,” he reminded his Detroit audience. …

The next era in aerospace supply chain evolution?

Shortly after becoming CEO of Ford Motor Co., former Boeing Commercial Airplanes chief Alan Mulally was asked if he was ready for the complexity of the automotive industry. “An automobile has about 10,000 moving parts, right? An airplane has 2 million, and it has to stay up in the air,” he reminded his Detroit audience. …

The Open Banking Revolution – Time for Change

What is Open Banking and why should I care? Open banking is the use of public application programming interfaces — most commonly called Open APIs — to enable third-party developers to build apps and services around more traditional banking and financial services In addition to the Open APIs empowering this, open banking also refers to …

Integrating Data in the Power Industry

Technological developments have been a significant focus for the power industry for many years. Progress has shown technology has evolved within a small number of designs, to now include nuclear, solar, wind, hydro-power and other energy sources. Digital technology continues to become more available and costs are reducing considerably, particularly with sensor devices and the …