Vendigital provides specialist transformational procurement and supply chain expertise to clients across the aerospace and defence sector.
Whether we’re supporting new market entry into the emerging global economies, shifting your organisation from cost to value based procurement or reducing the complexity of your supply chain to help you win the next major bid, we know that unlocking the potential in your supply chain is key to your success.
"Vendigital has over the years played a pivotal role in helping the Meggitt group to reduce its direct and indirect material cost base and transition towards a supply chain better served to meet both our internal and end client needs."
A combination of the volatile economic backdrop, the squeeze on defence budgets and increased competition has resulted in aerospace and defence organisations being under ever increasing pressure from customers to deliver best value for money. Our expert teams work with clients across the civil and military markets building and executing long term cost and value strategies.
The emergence of game changing new technologies such as additive layer manufacturing and advanced robotics, the explosion in demand in growing economies and significant new build programmes on the horizon all mean there are fantastic opportunities for aerospace and defence companies to secure their future growth. We work with our clients to ensure the supply network is aligned to these growth factors and they can adopt and exploit ahead of their peers to gain vital competitive advantage.
Whether it is to utilise low cost suppliers, fulfil offset commitments or access new growth markets, many aerospace and defence organisations have increasingly global supply chains and operations. Working in close partnership with our clients on a global scale, we help ensure the additional exposure to risk, reputational damage and regulatory complexity that globalisation incurs is fully understood and managed appropriately.
Meggitt is a FTSE 100 GBP 1.6 billion turnover international aerospace, defence and electronics group, with global operations. As a result of their scale they were finding it increasingly difficult to aggregate and analyse spend information, across the organisation. Whilst Meggitt have rolled out an ERP system across their operations globally, the ability to visualise and analyse direct and indirect spend information demanded a need for a central spend analytics solution.
Business transformation at this global performance materials leader began with a few simple questions. Who spends what? Who with? How can we spend less without compromising on the brand’s reputation?
Vendigital’s e-procurement and strategic sourcing initiatives have supported a global aerospace and defence firm in saving over £50million.
Today, cost leadership continues apace with the business realising savings of £10million per year on spend across its global manufacturing base.
"The process has given us greater awareness of the global supply base and market prices, as well as lower costs."