has awarded ThyssenKrupp Services’ US subsidiary TMX Aerospace a
10-year follow-on contract to provide it with a range of supply-chain
management services, writes Niall O’Keeffe.
deal, which renews a similar one signed in 1998, covers global purchase
pooling, deadline tracking, inventory management, processing of aluminium and
titanium products, optimisation of in-plant materials flow, and coordination of
700 Boeing production plants and subcontractors.
announcement of the deal, at the Farnborough Air Show, coincided with a
reorganisation of ThyssenKrupp Services’ aerospace businesses – which also
include Apollo Metals, acquired earlier this year, and Alcoa’s US service centres,
acquired in late 2006 – into a new group, ThyssenKrupp Aerospace.
a provider of aluminium, stainless steel and non-ferrous metals, the Apollo
Metals element of the business counts Airbus, Boeing and Bombardier Aerospace
among its customers.
way the primes are redesigning their supply chains, with fewer suppliers, we
see it being important that you have relative scale,” says Stuart Wilkins,
former chief executive of Apollo and new chief executive of ThyssenKrupp
Aerospace. “But being large or having global coverage is not the be all and end
all: you have to provide local services.”
Apollo’s mainly European and Far Eastern business with ThyssenKrupp Services’
legacy US concerns, ThyssenKrupp Aerospace has 30 locations in 13 countries,
1,000 employees and a turnover in excess of $700 million.