Video: Key Cost Management Challenges for the Aerospace Industry

In aerospace, cost management, manufacturing, mfg by Generis0 Comments

In an earlier post we addressed the benefits of Should Costing for the aerospace industry.  In today’s post I wanted to share the following video that builds on that knowledge and discusses the challenges the industry is facing in adopting this method. As previously discussed, Should Costing is a systematic process that enables cost reduction from the conceptualization stage through the product life-cycle.  This is particularly relevant to the aerospace industry as maintaining competitiveness is highly dependent on an organization’s ability to reduce product costs and delivery cycle times. The industry as a whole continues to face challenges in managing product costs from the inception stage through the very long life-cycle of its products. In this video Philippe Sottocassa, Global Vertical Head, Aerospace & Defense, Geometric Ltd. discusses these challenges as well as the status of adoption in the aerospace industry.

[youtube https://www.youtube.com/watch?v=TKfAsXVb5lE&w=560&h=315]

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