Procurement is shipyards' only lifeline
2 April 2012
The survival of Britain's ailing shipbuilding and repair industry depends on major improvements to its procurement methods, according to the first survey to map the sector's supply chain.
The study, commissioned by the Shipbuilders and Shiprepairers Association (SSA) and carried out by the department of marine technology at the University of Newcastle, paints a picture of little collaboration for long-term growth.
It concludes that the industry must radically change its procurement philosophy if modern supply chain practices such as partnering...