Rolls-Royce Launches Global Metals Strategy with Newview; Engine Maker Aims to Redefine Aerospace Cost Model and Remove Complexity from Their Raw Material Supply Chain.FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. -- Newview Technologies Inc., the leading provider of raw material specification and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. solutions, today announced a strategic relationship with Rolls-Royce plc Rolls-Royce PLC British manufacturer of aircraft engines and propulsion and power systems and, for much of the 20th century, a maker of luxury automobiles. Charles S. , a leading Global Aerospace Engine manufacturer, to deliver a new efficiency model to their multi-tier raw material supply chain as part of their Global Metals Strategy. Using Newview's Material Specification Management solution (MSM MSM - Micronetics Standard MUMPS 4), the joint Newview and Rolls-Royce Rolls-Royce is a British brand, it may refer to:
"Like many industrial companies, materials represent a significant cost driver in our designs," said Peter H. Summerfield, Rolls-Royce Global Procurement Director - Materials. "With an increasing shift towards outsourced part manufacturing, it is imperative that we approach our sourcing decisions understanding the details behind our cost drivers, and help to develop strategic supplier relationships that demonstrate supply chain thought leadership in operational processes and commercial practices" added Summerfield. Newview's unique perspective of materials brings an innovative approach to helping companies regain visibility and control of critical cost drivers and value trapped Value Trap A stock that has experienced a large price depreciation and is mistaken to be a value stock. Notes: When a company's stock seems undervalued, investors are sometimes drawn into purchasing it in hopes of a stock price appreciation. within the Bill of Materials The list of components that make up a system. For example, a bill of materials for a house would include the cement block, lumber, shingles, doors, windows, plumbing, electric, heating and so on. . Coordinated views of complex material information, allows Engineering and Global Purchasing teams to work together to achieve design innovation on a competitive cost basis. By leveraging Newview's solutions in the process, Rolls-Royce is helping Newview configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. the MSM 4 solution to standardize stanĀ·dardĀ·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. key processes for the Aerospace Industry. Together, Rolls-Royce and Newview intend to work with a group of strategic suppliers and customers to conduct Joint Commonization Initiatives aimed at optimizing material design and sourcing decisions across a full range of Aerospace programs, including the new Trent 1000 engine that will be featured on the Boeing 7E7 Dreamliner. "It's exciting to participate in this important transformation in the Aerospace industry," said Paul Strzelec, Newview's Marketing and Strategy Executive. "By organizing, planning, and now actioning a global metals strategy, Rolls-Royce is demonstrating the design and cost leadership that will create value for airline customers and strategic suppliers well into the future" added Strzelec. About Rolls-Royce plc Rolls-Royce (http://www.rolls-royce.com) operates in four global markets - civil aerospace, defence aerospace, marine and energy. It is investing in technology and capability that can be exploited in each of these sectors to create a competitive range of products. The success of these products is demonstrated by the company's rapid and substantial gains in market share over recent years. The company now has a total of 54,000 gas turbines in service worldwide. The investments in product, capability and infrastructure to gain this market position create high barriers to entry. Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces and more than 2,000 marine customers, including 50 navies. The company has energy customers in nearly 120 countries. Rolls-Royce employs around 35,000 people, of which 21,000 are in the UK. Forty per cent of its employees are based outside the UK - including 5,000 in the rest of Europe and 8,000 in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The large installed base of engines generates demand for the provision of services. A key element of the company's strategy is to maximize services revenues, which have increased by 60 per cent over the past five years, by the provision of a comprehensive portfolio of services. Annual sales total nearly GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 6 billion, of which more than 50 per cent are services revenues. The order book is more than GBP 19 billion, which, together with demand for services, provides visibility as to future activity levels. About Newview Technologies Inc. Newview Technologies Inc. (http://www.newview.com) develops direct material specification and procurement solutions that connect Product Development and Procurement. Companies that select Newview are able to create cost advantages by bringing visibility and control to raw materials and standard components. Built on Newview's flexible Network Business Process Architecture(TM), these solutions are easily configurable, work with existing business applications and can be deployed in 90 days. Founded in September 1998, Newview Technologies Inc. is headquartered in Fort Worth, Texas, and delivers value for customers that include Ford Motor Company, Rolls-Royce, and BHP BHP blood hydrostatic pressure; the pressure exerted by the blood cells and plasma in the capillaries. Steel. The company is supported by strategic investors led by Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , Greylock, and Kleiner Perkins Caufield & Byers. |
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