Optimization of Lean and Agile Supply Chain Management Practices in the Aviation Industry

Abstract

Organizations that provide products and/or services must be able to execute fast, adaptive supply and (fluctuating) demand practices. From producers to consumers, and every stakeholder involved throughout the supply chain network processes, a collaborative relationship promotes sharing information that is beneficial to all. This long-term relationship then flourishes and in return stimulates the growth, health, and stability of the supply chain. Understanding the organizational processes and requirements is a complex endeavor. However, with technological advances and with the right type of data collected, it is possible to optimize entire supply chain networks.