Aerospace parts are precision-machined components used in the construction of aircraft and spacecraft. Traditionally, these parts are manufactured domestically, but with the rise of global outsourcing, many aerospace manufacturers are choosing to outsource machined aerospace parts to low-cost production facilities. While there are some risks associated with outsourcing, several benefits can make it a worthwhile decision. Here are seven of the most important benefits of outsourcing machined aerospace parts.
1. Third-Party Guarantee for Quality and Timely Delivery
One of the most significant benefits of outsourcing aerospace machined parts is that it gives manufacturers an outside resource for quality assurance and timely delivery. Quality issues can arise in domestically manufactured aerospace parts due to the high costs of warranty issues and recalls. Still, aerospace manufacturing companies can offer greater assurances in aerospace part reliability.
2. Resolve Skills Gaps Issues
Ever-changing aerospace standards and industry demands mean that aerospace manufacturers must constantly train, qualify, and re-qualify employees for aerospace manufacturing tasks. These skills gap issues can be expensive in domestic aerospace parts production, but they are nonexistent in an aerospace machining company.
3. Improve Productivity
Domestic aerospace parts manufacturers are often plagued by low productivity rates, attributed to several factors. These factors include:
- High costs of aerospace manufacturing equipment and aerospace part production
- Slow process speeds associated with aerospace manufacturing tasks
- High aerospace manufacturing labor costs forcing companies to hire less-skilled workers
However, aerospace manufacturing facilities don’t have to deal with any of these problems, which leads to higher aerospace part quality and productivity.
4. Reduce Costs
Outsourcing aerospace machining services means that aerospace manufacturers are no longer responsible for the parts production process, reducing costs significantly. Companies that outsource aerospace machining services can focus more resources on product design and development, their core business.
5. Gain Access to Advanced Aerospace Machining Technologies
Outsourcing aerospace parts production means aerospace manufacturers have access to state-of-the-art aerospace machining technologies that are too expensive to purchase on their own. These advanced machining technologies can help aerospace manufacturers produce parts that meet required standards and specifications.
6. Better Utilization of Resources
Domestic aerospace part manufacturers often have excess manufacturing capacity due to low demand for aerospace parts, forcing them to reduce the manufacturing equipment utilization rates. Outsourced aerospace manufacturing facilities do not have to worry about excess capacity as they have a higher market demand.
7. Increase Product Variety and Reduce Risk of Volatility
One of the most significant benefits aerospace manufacturers get from outsourcing machined parts is offering greater products and services while reducing part demand volatility. The aerospace parts industry is volatile, making companies susceptible to unexpected market changes that hurt manufacturing performance.
Outsourcing aerospace machined parts provides aerospace manufacturers with many benefits, including quality assurance and timely delivery. It also reduces costs while increasing productivity and manufacturer flexibility.