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Article: Boeing revises supply arrangements of mill products: procurement adjusts contracts to ensure supply during manufacturing boom.(Boeing Co. Boeing Commercial Airplanes)
- Article from:
- Purchasing
- Article date:
- October 6, 2005
- Author:
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Recently ramped-up production by Boeing Commercial Airplanes has sent parts and components suppliers scrambling for supply of semiprocessed titanium mill products. So, the commercial airplane manufacturer's purchasing group has rejiggered long-term contracts with a select number of mills, who will handle most of the required volume for the specialty metal by Boeing's fabrication centers and those of its top-tier suppliers.
"The new agreements secure the position of these supply chain partners as major suppliers of titanium to Boeing," says a spokesman for the company's procurement organization. "Since demand for commercial airplanes continues to improve, we ...