The collective strength of AMA provides an opportunity to reduce costs.
While the Alliance recognises the importance of treating suppliers fairly, its buying power reduces waste and therefore cost in many areas, while importantly maintaining the high standards and the quality of service and products so important to an effective aerospace industry supply chain.
All AMA suppliers are assessed via its vendor assessment programme whereby performance is measured and monitored to reduce costs, mitigate risk and drive continuous improvement.
Many strategic procurement procedures are in place, including information sharing, simplified processes (such as common terms & conditions, direct invoicing, a single price list and improved handling of procurement processes) and the establishment of the most appropriate points of contact. However, AMA recognises the importance of not standing still and is constantly looking at ways to further improve its offering to the aerospace industry.