Thyssenkrupp Aerospace and Boeing have extended their long-term partnership
Thyssenkrupp Aerospace uses its global network to ensure reliable supplies to Boeing. This includes the operation of multiple North American sites totaling 167,200 m 2 (1.8 million sq ft) dedicated exclusively to supplying raw materials and value-added services to Boeing and its suppliers in North America, Europe and Asia. From here, Thyssenkrupp Aerospace controls Boeing's materials management for flat aluminum and extruded products, as well as titanium.
Thyssenkrupp Aerospace operates Boeing's global supply chain control tower and offers solutions beyond the services of a traditional materials distributor. The company optimizes its supply chain and materials sourcing, focusing on reducing risk, maximizing efficiency, and storing and delivering materials and parts exactly where and when they are needed. The company is using big data and advanced analytics to ensure Boeing's supply of materials despite global shortages and rapidly changing economic and geopolitical conditions.
Patrick Marous, CEO of Thyssenkrupp Aerospace, said: “We have been working closely with Boeing for more than 25 years in, our relationship has proven time and time again to be effective in mitigating disruptions in the aerospace industry. This agreement reflects our continued commitment to the long-term stability of Boeing's supply chain."
"We are pleased to continue this long-term partnership with Thyssenkrupp Aerospace," said Jeff Carpenter, senior director of contracts and category management at Boeing. “Given the dynamic nature of the aerospace industry, the flexibility of this partnership allows us to meet our changing and evolving needs.” Thyssenkrupp Aerospace manages the raw materials for Boeing's extensive network of suppliers. This allows you to aggregate all demand, schedule rise and fall times, reduce lead times, and perform other optimizations. Thanks to a comprehensive view of the entire supply chain, Thyssenkrupp Aerospace can supply materials based on business and market conditions in real time.
“As part of our strategic development of Materials as a Service, we are constantly working to expand our service business.” , says Ilse Henne, Chief Transformation Officer and Member of the Board of Management of Thyssenkrupp Materials Services. “The contract extension with Boeing shows us that we are meeting the needs of our customers with our customized solutions.”
Thyssenkrupp Aerospace is a global leader in providing supply chain solutions for the aerospace industry. The company's network includes more than 40 locations in more than 20 countries. Its more than 3,500 customers include the world's largest aerospace manufacturers and suppliers. Thyssenkrupp Aerospace offers supply chain management as well as a wide range of supply chain and manufacturing services. This includes raw material procurement, warehousing, precision machining, third party logistics and on-time delivery.
About Thyssenkrupp Materials Services
Thyssenkrupp Materials Services is the largest materials retailer and service provider in the Western world, with approximately 380 offices, including approximately 260 warehouses, in more than 30 countries. The diverse range of services offered by materials experts allows clients to focus even more on their core business. As part of the strategic development of Materials as a Service, the company focuses on the supply of raw materials and materials, as well as products and services in the field of supply chain management. Digital solutions provide efficient and resource-saving processes for the customer and thus create the basis for sustainable actions. Thyssenkrupp Materials Services will also be climate neutral from 2030.