CINCINNATI, OH (USA); DECEMBER 6, 2016: Supply Dynamics LLC, the leading provider of innovative supply chain visibility software solutions, has been recognized by CIO Review Magazine in the organization’s list of 20 Most Promising Aerospace Solutions 2016.
Each year a selection committee including CEOs, CIOs, Venture Capitalists and market analysts work with the CIO Review editorial board to identify top vendors in the industry. Criteria for recognition include ability to address key issues in the aerospace industry in a versatile, cost effective and innovative way.
Trevor Stansbury- Founder and President of Supply Dynamics- commented, “We are naturally excited to be recognized among an elite group of solutions providers. Especially satisfying is that this comes as the result of a strong endorsement from one our customers. On behalf of the entire Supply Dynamics team, we appreciate the distinction and look forward to solidifying our reputation as a valued and trusted partner to the global manufacturing community.”
Today, most Original Equipment Manufacturers (OEMs) outsource more than 50% of the parts that go into their products and typically 30 to 60% of the costs of those outsourced parts are raw materials, outside special processes or other so-called “material-inputs.” Material inputs tend to be purchased in small quantities and because of that, most buyers don’t qualify for discounted (mill or manufacturer “minimum quantity”) pricing. Therefore, the material-inputs cost more than they should; the parts cost more than they should; and, ultimately, either the OEM’s margins or competitiveness suffer.
Now there is a solution: Material Demand Aggregation by Supply Dynamics. Material Demand Aggregation is a technology-enabled process for identifying, leveraging, and proactively managing all of the raw material, OSPs and other material-inputs that contribute to the total cost and on-time delivery of an OEM’s products. It’s a tried and true way to reduce supply chain risk, standardize materials and optimize price and service levels for parts and assemblies that flow into an OEM’s final products. Whether parts are made in-house or by hundreds of outside part suppliers, there is a simple way to bring order, efficiency and insight to every raw material supply chain.
About CIO Review: Published from Fremont, California, CIOReview is a print magazine that explores and understands the plethora of ways adopted by firms to execute the smooth functioning of their businesses. A distinguished panel comprising of CEOs, CIOs, IT VPs including CIOReview editorial board finalized the "20 Most Promising Aerospace Solution Providers 2016" and shortlisted the best vendors and consultants.
About Supply Dynamics: Supply Dynamics provides best-in-class technology solutions designed to address the challenges of managing sourcing, procurement and supply chain complexity in highly distributed manufacturing environments. SDX, by Supply Dynamics, is a cloud-based, multi-enterprise supply chain analytics suite. Coupled with a proprietary (blueprint to bill-of-material) data conversion process called Part Attribute Characterization, Supply Dynamics offers manufacturing companies unmatched visibility into material and process demand through all tiers of the extended supply chain.