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FOR IMMEDIATE RELEASE
July 21, 2007
CINCINNATI, OH – Supply Dynamics recently captured raw material data on more than 20,000 detail parts in three months for Honeywell International, the world’s largest manufacturer of auxiliary power units and a major producer of turbine engines for the aviation industry. This was accomplished using the part coding resources of Supply Dynamics and OASIS, it’s proprietary multi-enterprise platform provided in a SaaS model.
As the aerospace industry’s leading provider of material consolidation solutions, Supply Dynamics utilizes it deep and broad raw material expertise and proprietary processes and IT solutions to provide OEM customers with real-time visibility and control over the materials that go into their finished parts – especially materials that go into parts made by their Tier 1 and Tier 2 suppliers.
For Honeywell, Supply Dynamics electronic dashboards and utilities provide a clear picture of the company’s exposure to metals market fluctuations, allowing it to see and understand the impact of finished part schedule pushes and pulls on aggregate material requirements. Armed with this information, Honeywell has taken the next step to provide a secure source of supply for its sub-tiers. Daniel Prophater who has overseen the Honeywell implementation of OASIS for Supply Dynamics says that, “Due to the increased exposure raw materials have been getting, the customer is using direct outputs from OASIS to support executive-level decision making and strategy development. That includes hedging strategies, an OEM directed Aggregation Program, and efforts to standardize raw material.”
Honeywell is not alone. In the market today, raw material lead times, capacity, and pricing continue to fluctuate. Companies that lack visibility into the raw materials that go into their parts (because they are purchased by outside manufacturers) are not able to manage them or understand the degree to which they impact the bottom line. Prophater characterized the issue by saying, “When the assembly comes into your facility, you see the assembly; you don’t realize there are two castings, two shafts made out of nickel bar stock, and a sheet metal housing all held together by 12 fasteners.”
Supply Dynamics has restored visibility for several of the worlds largest aviation OEMs – providing raw material forecasts, multi-level access to bills of material, and aggregation program administration services.
Supply Dynamics is the leading provider of material consolidation solutions know as “Material Demand Aggregation.” Located in Cincinnati Ohio, Supply Dynamics utilizes proprietary processes and IT solutions to provide OEM customers with real time visibility and control over the materials that go into their finished parts – especially the materials that go into the parts made by their Tier 1 and Tier 2 suppliers. Provided in a hosted “software as a service” model, the Supply Dynamics multi-enterprise platform exchanges critical to quality data with virtually any number of legacy MRP/ERP systems, providing customers with a single, unified view of how finished part materials are impacting their business. Our suite of web based tools and reports allow customers to instantly forecast and negotiate common materials and monitor the timely order and supply of materials across their extended supply chain. This enables an OEM and its supply partners to know that materials being produced, ordered and delivered are synchronized with actual finished part demand. It also allows the OEM to measure on-time delivery of raw materials to production sites and sub-tier suppliers, to standardize materials and to identify users for surplus, excess and obsolete materials. Material Demand Aggregation is applicable to numerous industries providing a means for OEMs to coordinate the actions of each link in the supply chain and dramatically improving efficiency and predictability of supply. (www.supplydynamics.com)
For more information, please contact Trevor Stansbury at (513) 965-2000..
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