The need for new ideas and improvement in supply chain in the aerospace logistics industry has risen due to the increased desire to travel and the demand for air travel.
As a result, the demand for new planes has become immense.
The establishment of new routes, presumably more than 700, has improved connectivity all over the world. Also, a fall in average return fares has increased accessibility (a fall by $44 in 2016 – according to sources in the International Air Transport Association – IATA).
Research by Airbus through “Global Services Forecast” reveal a Maintenance Repair & Overhaul (MRO) business totaling $1.8 trillion and the need for in excess of a 500,000 new pilots over the next 20 years.
To counter the pressure springing from the demand in the aerospace industry, the need to produce more planes using an efficient and profitable method has arisen. This ranges from producing lighter aircraft with lower fuel consumption to using materials source geographically diverse supplier base.
For this reason, the aerospace companies are force to hire third-party logistics (3PL) providers to manage inbound materials movement, production, maintenance, repair, and overhaul operations. In summary, supply chain logistics.
Sustainability is therefore a matter to pursue in the aerospace industry as it is key to commercial aerospace growth and logistics.
The aerospace organizations therefore are concentrating more on research, development and production. The two most cost- effective ways of delivery of aftermarket parts include:
Proximity service/supply – involves situating service/supply centers close to where customers are located. In Kenya, the arrangement is a common sight in Wilson airport. It is one of the best examples when it comes to the Kenyan aerospace industry.
Willfreight Express Cargo Services Company, specialized in brokerage, clearing and forwarding is therefore strategically placed in Wilson Airport to fulfill the demands and the needs of its surrounding (close or far away) customers in a fast, convenient and efficient way.
Establishment of regional and well-connected centers located strategically around the world. There, pools of unit spare parts and exchange units can be stored and then sent to the customers when needed; so long as they can arrive in time and meet customer service obligations.
As manufacturing supply chains become more disciplined, inbound materials movement is becoming less urgent and more synchronized, with supply chain managers monitoring flow and communicating with suppliers to address exceptions.
Supply chain is therefore very substantial to the daily activities involved in the industry and most importantly with the consideration of the rapidly growing aerospace industry.