These changes may indicate a shift towards more stringent supply chain risk management in the aerospace and defense industry, which could benefit companies that invest in robust SCRM processes and may disadvantage those that do not. The emphasis on supplier visibility suggests a growing concern about risks associated with complex supplier networks.
Government Actions Push For Deeper Supplier Visibility
The federal acquisition system is moving towards deeper supply chain visibility in the aerospace and defense industry, with proposed changes to the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and General Services Administration (GSA) rules. These changes aim to increase transparency and mitigate risks associated with complex supplier networks, according to Baker Tilly.
These changes may indicate a shift towards more stringent supply chain risk management in the aerospace and defense industry, which could benefit companies that invest in robust SCRM processes and may disadvantage those that do not. The emphasis on supplier visibility suggests a growing concern about risks associated with complex supplier networks.
Government Actions Push For Deeper Supplier Visibility
The federal acquisition system is moving towards deeper supply chain visibility in the aerospace and defense industry, with proposed changes to the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and General Services Administration (GSA) rules. These changes aim to increase transparency and mitigate risks associated with complex supplier networks, according to Baker Tilly.