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Business Strategy
- Manufacture and distribute complex components, kits and assemblies for our aerospace industry customers.
- Leverage customer relationships to win large outsource programs of components and assemblies and place them under long term contracts.
- Provide project management for primary customers on new and existing large programs, including logistics, inventory stocking, distribution, and delivery to point of use.
- Diversify markets and customers so that the output for each of three market sectors is balanced, and each sector is represented by at least three significant customers.
- Increase value added from kitting and assembly to 50% of total output by the end of 2007.
- Establish a second supply source in a low labor cost country in 2007.
- Create a world class supply chain management structure which accounts for 15% of output by the end of 2007.
- Redesign our Information Technology systems to support assemblies and fast, accurate production release processes by mid-2007.
- Use lean manufacturing processes to improve productivity, quality and delivery.
- Develop a skilled workforce through use of formalized training and standard work, and improve the compensation of our workforce based on performance improvement.
- Become one company in our dealings with customers and suppliers.
- Convert our fabrication, distribution and process factories and our supply chain group to cost centers, eliminating non-value added inter-company transactions and administrative cost.
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