The Society of British Aerospace Companies (SBAC) is pleased to announce that its landmark initiative to transform the aerospace supply chain has taken a further step forward.
Following the recent announcement that the supply chain for the twenty first century (SC21) programme has secured the commitment of over 300 companies, SBAC can now confirm that the SPACE (Supply chain Progress towards Aeronautical Community Excellence) initiative is to recognise SC21. SPACE is a non-profit association formed by leading European and US companies to deliver supply chain improvement in support of the Power8 initiative. This agreement builds on the Airbus Charter signed in July 2007.
Russ Armitage, SC21 Chairman, said:
“The mutual recognition of SC21 and the SPACE initiative is another sign that SC21 is striding forward as a benchmark in improving whole supply chains. SC21 is a revolution in the making in aerospace supply chains. We urge those companies who have not yet signed up to get involved in order to benefit from potential savings themselves.”
Ian Godden, SBAC Chief Executive, said
“SC21 has already proved very popular in the aerospace industry in delivering increased efficiencies as well as considerable cost and time savings. The initiative has been signing up an average of seventeen companies a month since it was launched in 2006. It is excellent news that SC21 is aligned with SPACE and Power8.”
For more information see attachment or contact:
Matthew Knowles, Communications Manager, SBAC
Tel: 020 7091 4538
Mobile: 07962 441313
E-mail: matthew.knowles@sbac.co.uk
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