Global supply chains are complicated and critical, with many moving pieces.
The economic security of all businesses is on the line, and breaking down barriers and global borders unleashes the potential for increased competitiveness.
In an effort to simplify the importance of global supply chains, take a look at the graphic above.
Many pieces – from across the United States, Europe, Asia and Australia – with one grand result: a Boeing 787. Get the picture?
One example, The Korean Air Aerospace Division (KAL-ASD) has aircraft maintenance hangars as well as facilities for parts development, assembly, and production in South Korea.
The Boeing 787 required advanced composite materials processing, a tricky process for even the most advanced aircraft manufacturers. Working with composite materials is a specialty of KAL-ASD, enabling Boeing to quickly certify the company’s quality and bring KAL-ASD on board.
Fuji Heavy Industries Ltd. (FHI) ,The Handa Plant performs assembly operations for center wing boxes for Boeing 777 and 787 passenger jets as well as center wing boxes for maritime patrol aircraft (P-1) and cargo transport aircraft (C-2) for Japan’s Ministry of Defense.
Want to learn more about global supply chains? On Wednesday, May 18, the U.S. Chamber of Commerce will host the Fourth Annual Global Supply Chain Summit. This year's summit will focus on the future of global supply chains and how business can take advantage of new opportunities. The event will highlight cutting-edge trends in global supply chain management and discuss issues impacting the free flow of goods across international borders.
Source: www.uschamber.com
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