In aviation, strategic sourcing can reduce the cost and fix the nuts and bolts of existing processes with the help of a well-performing sourcing team. It also helps companies develop the opportunity to better manage their global network of suppliers, build new procurement models and improve speed to market.
Actions that Improve Aviation Industry Procurement Performance
- Alignment of Purchasing Strategy with the Overall Corporate Strategy
- Category Management
- Low-Cost Country Sourcing
- Dealing with Monopoly Suppliers
- Organizational Structure and Capabilities
- Technology and System Optimization
- Buy vs Lease Options
This white paper explores why strategic sourcing is critical in the aviation industry and how it enables airlines and airline services providers to compete in a global market where margin for error is extremely low. Learn how a well-designed sourcing process increases flexibility and can drive significant savings – and see how Bristlecone helped a Malaysian airline services provider achieve insights and value in the form of huge cost savings through negotiations, the right sourcing levers and price benchmarking.