CO5:Understand the role of big data and of supply chain mapping in SCRM

Provide a brief summary of this company actions and thier expected outcomes

Company: Raytheon

Raytheon

Raytheon,.a.household.name.in.the.aerospace/.defense.manufacturing.arena,.is.betting.on.big.data.to.reduce.the.risk.of.quality.and.operational.problems..In.its.Huntsville,.Alabama,.missile.plant,.if.a.screw.is.sup-posed.to.be.turned.13.times.after.it.is.inserted.but.instead.is.turned.only.12.times,.an.error.message.flashes.and.production.of.the.missile.or.component.stops.."Manufacture.of.a.missile.is.either.right.or.it's.not;.there's.no.in.between,".says.a.Raytheon.executive..Many.manufacturers.are.installing.sophisticated.automated.systems.to.gather.and.analyze.shop.floor.data,.known.as.manufacturing.execution.systems(MES)..Manufacturers.are.looking.harder.at.data.partly.because.of.increasing.pressure.from.customers.to.eliminate.defects.and.from.shareholders.to.squeeze.out.additional.cost.and.mitigate.risk.to.the.brand..These.new.capabilities.mean.Raytheon.is.catching.more.flaws.as.they.occur..Raytheon.also.keeps.data.for.each.missile,.including.the.names.of.all.the.machine.operators.who.worked.on.any.part.of.it,.as.well.as.the.humidity,.temperature,.and.more.at.each.workstation.

The.system.is.designed.to.prevent.any.operator.from.performing.a.task.for.which.he.or.she.is.not.certified..According.to.Raytheon,.leveraging.big.data.systems.is.a.form.of.risk.mitigation.and.management..Millions.of.dollars.have.been.spent.in.the.past.to.rework.items.that.did.not.meet.specifications.If.Raytheon's.experience.is.any.indicator,.cost.containment,.real-.time.event.monitoring,.and.process.optimization.are.but.a.few.of.the.key.drivers.supported.by.big.data..Tracking.physical.items.and.people.throughout.the.supply.chain,.capturing.and.acting.on.streaming.data,.and.enabling.faster.reaction.to.specific.problems.before.they.escalate.in.major.situations.is.becoming.the.norm.rather.than.the.exception.