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What are the critical challenges faced by suppliers that determine success or failure?Explore the top 10 challenges affecting supplier performance in the industry.
The industry is undergoing monumental shifts driven by technology and environmental demands, reshaping the entire value chain. Suppliers are entrusted to drive cost reductions, ensure superior quality, and engineer increasingly complex components and systems—all while optimizing production for leaner, agile, and connected operations to meet fluctuating demands.
Diversification into new markets is now pivotal for differentiation and resilience in economic cycles. This creates additional pressure on innovation capacity and collaborative models required by emerging players in Advanced Air Mobility and New Space markets.
By digitizing product development, suppliers eliminate data management pitfalls and secure sensitive information. A shift to digital product models on an innovation platform fosters seamless collaboration across the enterprise. With a unified engineering parts definition and BOM, various design disciplines can contribute to a consolidated engineering BOM, minimizing errors and rework, while maximizing time for innovation.
ENOVIA, powered by the 3DEXPERIENCE platform, empowers teams to collaborate and innovate without constraints. Discover how industry leaders leverage this solution to stay ahead.
Digital continuity in manufacturing creates a shared digital landscape, enhancing visibility, control, and synchronization across global operations and supply chains. Virtual prototyping replaces physical mock-ups, slashing prototyping costs and accelerating engineering changes in a flexible and easily adaptable “virtual space.”
Simulation and high-performance computing (HPC) offer a gateway to exploring and optimizing real-world product behavior. For aerospace suppliers, simulation expedites evaluation of performance, reliability, and safety before physical prototyping—resulting in reduced development time, lowered testing costs, and decreased certification risks.
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