In these times of high fuel prices, currency worries and looming recession, it is worth taking a hard look at how the efficiency of the supply chain can be improved. It doesn’t take long to discover that despite all the hyperbole and rhetoric over the past decade from consultants and IT “solution providers,” many in the aerospace industry feel they’re not getting the return on investment they expected.
In a report issued last year titled “It’s never too late to profit from Enterprise Systems,” global consulting firm Accenture suggested that companies often neglect to factor in business strategy when putting an enterprise system in place. They may get systems working to keep the business operating, but they need to transform transaction-level data into action-oriented metrics that enable management decisions. “The ability to change ahead of the curve before that change is an imperative key trait of high-performance businesses,” said Accenture’s report.
