Issues and Trends for Any Aerospace Parts Manufacturer to Watch
Have you and your team been looking for a reliable aerospace parts manufacturer for your next project? Wedge Products is just one of Imgon’s clients dedicated to constant growth in manufacturing. Without a doubt, we are thankful for our exciting collaboration with the Wedge Products team.
With this in mind, you can learn more about how Wedge Products stands out as an aerospace parts manufacturer by visiting the company website. In addition, you can find more information about the Wedge Products team and its work by visiting the Imgon blog.
Issues and Trends for Any Aerospace Parts Manufacturer to Watch
Aerospace manufacturers are facing an unprecedented combination of the uncertainty of a pandemic and the endless possibilities of advancing technology. The circumstances can easily leave any business leader struggling to decide the next move, without a doubt. See below to learn about some of the most critical factors for any aerospace parts manufacturer to consider when adapting to the current economic climate and making any new investments.
The COVID-19 Pandemic
The spread of the novel coronavirus will arguably be the most critical factor for any aerospace parts manufacturer to consider when planning any projects in the next several months.
Craft your team’s response carefully. While planning, consider any mergers and acquisitions in reach. You should also consider the benefits of refinancing any debt. Concerning your supply chain, you will need to be more mindful of potentially weak links, particularly in the hardest-hit areas; this may mean you should be ready to partner with alternative suppliers.
Above all, you will need to prioritize the health and safety of your employees. Outsource when and where you can, and implement automation, where possible.
You must also remember that communication can make or break your chances of coming out of the crisis as a stronger company. For example, you will need to prioritize financial transparency; disclose more than the requirements. Maintain consistent communication with both customers and suppliers.
Additive Manufacturing
3D printing can help some aerospace manufacturing companies to reduce the costs of production. It has proven especially useful for aerospace prototyping and the manufacture of both brackets and jigs. In addition, this method can cut both research and development time.
It has also helped aerospace companies meet certain environmental sustainability goals. In fact, the method allows manufacturers to reduce part weight and reduce both air drag and fuel consumption and costs, as a result.
Simulated Data
Data simulation can help teams to both predict and avoid issues. Simulated data can also let commercial airlines reduce maintenance time.
Sustainability in Manufacturing
The industry has begun a significant shift toward more-electric aircraft and seen savings on fuel costs. This move marks another shift toward the widespread implementation of all-electric aircraft even as financial backing stays limited.
About Wedge Products
Twinsburg, Ohio’s Wedge Products has provided premier metal stamping services for more than 80 years. The Wedge Products team prioritizes customer satisfaction, above all, and has earned a reputation of excellence in metal fabrication for aerospace companies, in particular.
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