Today, there is no reliable, immutable and secure certification data across the large and global supply chain in aerospace, automotive and other industries. It is therefore not possible to guarantee originality of parts and equipment throughout the product lifecycle.
Due to slow and manual execution of contractual terms within the supply chain there is no real-time link between supplier-delivered value and customer payments. Any commercial liability is ultimately carried by top of the supply chain due to lack of transparency.
There is no real-time traceability between approved certification data and actual real parts causing risks of counterfeiting e.g. by 3D printing.
Resulting are large overhead costs related to process management due to missing transparency on value delivered across the full supply chain at any point of time.