Exostar aims to get one-third of suppliers online

7 August 2002
More news

08 August 2002

Defence and aerospace e-marketplace Exostar aims to get a third of the industry's suppliers online by the end of the year.

It has tripled the number of suppliers to about 11,000 in the past year, and has set a target of 17,000 by December, which will include nearly the entire supply chain of founding partner Lockheed Martin.

Jim Mandracchia, chief strategist, said Exostar's potential reach was 50,000 suppliers, which he hoped would join within the next two years.

Mandracchia said Exostar was focusing on second and third-tier suppliers to drive further efficiencies down the supply chain.

"The logic is often dictated by the firing order of customers' procurement systems and the order that they want to bring them online," he said.

"As each system is connected, the suppliers associated with subsidiaries can join."

He estimated that Exostar's five industry partners have 250 procurement systems.

Exostar is also broadening its online tools to embrace supply chain management and collaborative planning.


GBP70000 - GBP80000 per annum + Bonus + Benefits
Bramwith Consulting
West Sussex
GBP45000 - GBP50000 per annum + Bonus + Benefits
Bramwith Consulting
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates