Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective
Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; and, (M.B.A.) -- Massachusetts Institute of Technology, Sloan School of Management; in conjunction with the Leaders for Manufacturing Program at MIT, 2006.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2009
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| Online Access: | http://hdl.handle.net/1721.1/44613 |
| _version_ | 1826189896917712896 |
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| author | Chang, Yue (Yue Cathy) |
| author2 | Stephen C. Graves and Christopher L. Magee. |
| author_facet | Stephen C. Graves and Christopher L. Magee. Chang, Yue (Yue Cathy) |
| author_sort | Chang, Yue (Yue Cathy) |
| collection | MIT |
| description | Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; and, (M.B.A.) -- Massachusetts Institute of Technology, Sloan School of Management; in conjunction with the Leaders for Manufacturing Program at MIT, 2006. |
| first_indexed | 2024-09-23T08:28:12Z |
| format | Thesis |
| id | mit-1721.1/44613 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T08:28:12Z |
| publishDate | 2009 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/446132022-01-28T18:24:02Z Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective Chang, Yue (Yue Cathy) Stephen C. Graves and Christopher L. Magee. Leaders for Manufacturing Program. Leaders for Manufacturing Program at MIT Massachusetts Institute of Technology. Engineering Systems Division Sloan School of Management Engineering Systems Division. Sloan School of Management. Leaders for Manufacturing Program. Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; and, (M.B.A.) -- Massachusetts Institute of Technology, Sloan School of Management; in conjunction with the Leaders for Manufacturing Program at MIT, 2006. Includes bibliographical references (p. 76-77). Sourcing and purchasing have received renewed attention recently as many supply chains challenge themselves to meet cost reduction goals. These challenges are especially apparent in the high-mix, low volume, and often considered cyclical aerospace industry where customer purchase decision emphasis is shifting from technology-centric to cost-centric. This study identifies three sourcing frontiers by time, and develops a Benchmarking-Internal data analysis-System dynamics model (BIS model) to recommend sourcing strategies to aid Honeywell Aerospace in advancing to the highest sourcing frontier. The thesis details the BIS model as a framework and a set of methodologies to aid aerospace incumbents in understanding their competitiveness and in formulating a balance of short-term and long-term sourcing strategies. This model applies not only to the aerospace industry but also to other industries in identifying cost reduction strategies and in constructing a competitive sourcing foundation for the next generation sourcing frontier. (cont.) This research was conducted jointly between the MIT Leaders for Manufacturing Program and Honeywell International within the Honeywell Aerospace Strategic Business Group and considered the historical evolvement of sourcing frontiers and key challenges of aerospace sourcing: airline deregulation, exponential increase in strategic sourcing, rise of precious metals prices, diverse products and supplier base, and stringent regulations. by Yue "Cathy" Chang. M.B.A. S.M. 2009-02-17T17:25:41Z 2009-02-17T17:25:41Z 2006 2006 Thesis http://hdl.handle.net/1721.1/44613 71124945 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 77 p. application/pdf Massachusetts Institute of Technology |
| spellingShingle | Engineering Systems Division. Sloan School of Management. Leaders for Manufacturing Program. Chang, Yue (Yue Cathy) Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective |
| title | Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective |
| title_full | Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective |
| title_fullStr | Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective |
| title_full_unstemmed | Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective |
| title_short | Getting ahead in sourcing through benchmarking and system dynamic analysis : an aerospace industry perspective |
| title_sort | getting ahead in sourcing through benchmarking and system dynamic analysis an aerospace industry perspective |
| topic | Engineering Systems Division. Sloan School of Management. Leaders for Manufacturing Program. |
| url | http://hdl.handle.net/1721.1/44613 |
| work_keys_str_mv | AT changyueyuecathy gettingaheadinsourcingthroughbenchmarkingandsystemdynamicanalysisanaerospaceindustryperspective |