Aerospace & Defense
Landscape of the aerospace and defense industry is changing, and with rapid improvements in technology and production methods, and a new focus on R&D, expectations from companies in this space have increased. The market wants fuel-efficient, quieter aircraft that produce fewer emissions and is seeking suppliers that can deliver results to this end. Consequently, R&D is becoming more important than ever.
With rising demand for improved aircraft — especially in Asia Pacific — companies’ focus will be on research and analysis, and the need to understand market complexities.
The Smart Cube works with leading aerospace and defense companies to offer customized industry analysis.
How We Made a Difference
Client: A leading aerospace and defense manufacturer.
Task: Determine a way to assess suppliers across business practices based on their responses to a questionnaire.
Solution: We evaluated each supplier on its performance against a set list of parameters — including legislation compliance, audits, and risk assessment — and then developed scorecards that rated suppliers on every parameter.
Result: The client was able to successfully rank its suppliers based on their scores, key factors, and overall performance.
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