CIMdata Releases Commentary: A 21st Century Supply Chain

How one aerospace and defense supplier is tackling supply chain security and transparency through additive manufacturing, blockchain, and PLM.

ANN ARBOR, Michigan, 7 August 2018 - CIMdata, Inc., the leading global PLM strategic consulting and research firm, has released a new commentary that describes how Moog Inc., a leading global supplier of integrated control actuation systems for civil and military aircraft, is revolutionizing the way it delivers its complex control systems to its customers by separating the digital from the physical in its supply chains. To achieve this, Moog has developed a revolutionary product delivery platform called VeriPart™. VeriPart integrates additive manufacturing (AM), blockchain, and product lifecycle management (PLM)-possibly for the first time ever.

VeriPart provides traceability of the history and provenance of each part's design, manufacture, and use. Blockchain ensures that 3D printed parts and assemblies can be authenticated, that data transmittals won't be hacked, and that transactions can be licensed to third parties. PLM plays a vital role in VeriPart by providing information at what Moog terms "point of use and time of need." 

Veripart's use in the aerospace and defense (A&D) industry is being demonstrated, evaluated, and adapted in in a research and development collaboration with ST Aerospace, a unit of Singapore Technologies, and the National Center for Manufacturing Sciences (NCMS). The first end-to-end Blockchain-enabled digital transaction in A&D was demonstrated by Moog in February 2018.

According to Mr. Peter Bilello, CIMdata's President, "Moog's pioneering physical-to-digital supply chain continues to be refined and enhanced. Managing supply chains and traceability requirements applies to a wide range of industries, not just A&D and organizations needing to bring their supply chains into the 21st century must take note of the on-going refinements and the evaluation of Veripart by NCMS."

To learn more about this innovative approach, the complete commentary is available for download at https://www.cimdata.com/en/resources/complimentary-reports-research/commentaries/item/10580-a-21st-century-supply-chain-commentary.

For more information, contact:

Cheryl Peck, Director of Marketing

c.peck@CIMdata.com

Tel: +1 734.668.9922

In Europe, the Middle East & Africa contact:

Gerard Litjens, Vice President EMEA
g.litjens@CIMdata.com
Tel: +31 (0) 495.533.666

About CIMdata

CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise's ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM-enabling technologies.

CIMdata works with both industrial organizations and providers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia- Pacific. To learn more about CIMdata's services, visit our website at www.CIMdata.com, follow us on Twitter: http://twitter.com/CIMdataPLMNews, or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA, Tel: +1 734.668.9922. Fax: +1 734.668.1957; or at Oogststraat 20, 6004 CV Weert, The Netherlands, Tel: +31 (0) 495.533.666.

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