ERP for the Defense Industry
According to a report by Moody's, the 2018 outlook for Defense Manufacturing looks favorable. That same report points out the industries looming supply chain problems. The Pentagon is implementing reforms in acquisitions that will put pressure on defense contractors to assume more risk. The Aerospace Industries Association discusses the need to lower cost, increase efficiency, deliver products on time and manage risk instead of being risk averse.
The above problems will by necessity affect other areas in the defense manufacturer's overall process. Many defense manufacturing companies are looking to Enterprise Resource Planning. A robust Enterprise Resource Planning (ERP) solution can effectively solve these issues and more.