Aerospace & Defense Technology - December 2023 - 15

Data Acquisition
native pathways to provide greater
flexibility to adapt to fast-changing
circumstances.
4. Proactively identifying and socializing
potential disruptions. The
supplier of an important material or
component issues an alert across the
network about an expected shortterm
supply disruption. With enough
advance notice, other segments of the
supply chain can switch to another
supplier and adjust their production
and inventory plans accordingly.
5. Better, faster issue resolution. The
business network brings together multiple
stakeholders who can pool their
resources and perspectives to work
through issues related to quality, etc.
- hopefully before they escalate.
6. Sourcing skilled labor. Through the
business network, participants can
socialize their specific need for highly
skilled workers and seek help from
other participants. Likewise, participants
can alert others that they have
a temporary surplus of skilled workers
who could be loaned to other organizations
in a pinch.
7. Negotiating flexible payment
schemes. In the spirit of partnership,
stakeholders can work collaboratively
to provide relief to a particular company
that may be under temporary financial
duress, for example.
8. Meeting sustainability goals and
targets. The business network provides
the framework for individual
companies (and entire supply chains)
to track and trace carbon footprint,
material origin and the like. Here's
another area where Catena-X provides
a working model.
If the disruptions of the past few years
have taught us anything, it's that supply
chain issues can't be solved in a vacuum
by an individual company, however
much leverage that company may wield
in the marketplace. These days, it takes a
village to keep supply chains humming
along. The business network can become
that village.
This article was written by Torsten
Welte, Global Vice President and Head of
the Industry Business Unit for Aerospace
& Defense, SAP. For more information,
visit www.sap.com.
Aerospace & Defense Technology, December 2023
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15
Using business networks to source skilled labor is one way to bring stability and resilience to the A&D
supply chain.
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Aerospace & Defense Technology - December 2023

Table of Contents for the Digital Edition of Aerospace & Defense Technology - December 2023

Aerospace & Defense Technology - December 2023 - Intro
Aerospace & Defense Technology - December 2023 - Sponsor
Aerospace & Defense Technology - December 2023 - Cover1
Aerospace & Defense Technology - December 2023 - Cover2
Aerospace & Defense Technology - December 2023 - 1
Aerospace & Defense Technology - December 2023 - 2
Aerospace & Defense Technology - December 2023 - 3
Aerospace & Defense Technology - December 2023 - 4
Aerospace & Defense Technology - December 2023 - 5
Aerospace & Defense Technology - December 2023 - 6
Aerospace & Defense Technology - December 2023 - 7
Aerospace & Defense Technology - December 2023 - 8
Aerospace & Defense Technology - December 2023 - 9
Aerospace & Defense Technology - December 2023 - 10
Aerospace & Defense Technology - December 2023 - 11
Aerospace & Defense Technology - December 2023 - 12
Aerospace & Defense Technology - December 2023 - 13
Aerospace & Defense Technology - December 2023 - 14
Aerospace & Defense Technology - December 2023 - 15
Aerospace & Defense Technology - December 2023 - 16
Aerospace & Defense Technology - December 2023 - 17
Aerospace & Defense Technology - December 2023 - 18
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Aerospace & Defense Technology - December 2023 - 39
Aerospace & Defense Technology - December 2023 - 40
Aerospace & Defense Technology - December 2023 - Cover3
Aerospace & Defense Technology - December 2023 - Cover4
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https://www.nxtbook.com/smg/techbriefs/21ADT08
https://www.nxtbook.com/smg/techbriefs/21ADT06
https://www.nxtbook.com/smg/techbriefs/21ADT05
https://www.nxtbook.com/smg/techbriefs/21ADT04
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