A&D SupplyChain 2023

Building Back: Driving Supply Chain Resilience & Reshaping for Success
Event Dates
2023-01-31 - 2023-02-01
Exhibitors
0
Floor Size
0
Attendees
0
Event contact title
Registration Manager
Event contact first name
Virginia
Event contact last name
Gongora
Email
events@aviationweek.com
Event contact telephone number
M: +1.347.751.8692
Description

The aerospace and defense supply chain is large and complex making it susceptible to disruption in ‘normal’ times, but the past few years have brought a greater set of challenges and constraints then ever seen previously. Global turbulence, geopolitical conflict, pandemic ramifications, volatile demand patterns, supply shortages, spiraling costs, rising inflation and pricing instability are just a few of the factors that have seen the A&D supply chain in a permanent state of distress and its fragility and vulnerability truly exposed.

However, now the industry is on the road to recovery and looking to ramp up production rates, how does the supply chain emerge from the ‘perfect storm’ of recent times and look to rebuild and restore. What are the innovations and strategies that can be employed to navigate uncertainty, mitigate risk, drive resilience and improve performance in a turbulent environment? A&D SupplyChain (formerly known as SpeedNews Commercial Aviation Suppliers Conference) will address all these issues, gathering industry experts to provide crucial updates and unique industry analysis on the key questions currently facing the sector.

Designed for leaders and decision-makers in the aerospace and defense supply chain, this conference will provide a wealth of information on the current state of the industry and predictions for future trends as well as important updates on supply chain risks and opportunities. The agenda will take a deep dive into the hot topics and markets. Alongside the comprehensive program A&D SupplyChain will provide valuable business networking opportunities with industry stakeholders.

  • Supply Chain Challenges & Constraints
  • Strategic Inventory Management
  • Managing Supply Chain Risk
  • he Road to Net Zero
  • Industry 4.0
  • Workforce Hurdles & Labor Challenges
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.