Monday saw the Farnborough debut of ThyssenKrupp Aerospace, set up earlier this year to give manufacturers the price advantages of co-ordinated bulk buying of metals.
A subsidiary of German-headquartered ThyssenKrupp Services, the new operation combines the group’s existing aerospace distribution and supply-chain management businesses with aluminium, steel and titanium specialists Apollo Metals and Aviation Metals, which it acquired earlier this year.
“We’re responding to the increasingly global nature of the aerospace industry,” says president Stuart Wilkinson. “This business has the scale to partner with the world’s leading manufacturers and their supply chains.”
The ThyssenKrupp Aerospace service is designed to cut customers’ supply-chain costs by providing just-in-time delivery of processed metals through to finished parts kitting.
The operation employs 1,000 people at 30 service centres located in all the major aerospace manufacturing regions of the world. Using advanced software tools, they aggregate demand globally to drive down the price to end-users.
Source: Flight International
