The Boeing Company Background
The Boeing Company is a dominant leader in commercial and defense products, and is among the largest aerospace conglomerates in the world. The company’s corporate headquarters is located in Chicago, IL with the commercial division headquartered in Seattle, WA and the defense division headquartered in St. Louis, MO. With manufacturing facilities located in numerous states and marketing offices worldwide, Boeing is truly a global enterprise. The company’s supply chain stretches from North America, through the Euro Zone, and Asia.
In the global business environment, Boeing faces increased pressures from domestic and international competitors. Also, the current international economic crisis has created a challenge for both Boeing’s financials and its supply chain. As a result, cost reduction and execution must be primary considerations in finding new and innovative ways to improve the supply chain and business processes. One way Boeing has improved various processes is by relentlessly eliminating non value-added tasks into its business strategy. These improvements may be considered a result of LEAN practices.
Case Scenario