SupplyChain Magazine March 2018 | Page 21

In 2017 , 65 % of all US defense spend was managed through Exostar ’ s various supply chain and collaboration solutions

From sourcing to procurement and payment , order management , and more , we provide visibility , consistency , and efficiency for the entire buying process .
What is Exostar ? Exostar provides secure and innovative business collaboration solutions …
Built from scratch to serve highlyregulated industries Exostar was founded as a joint venture by leading aerospace and defence manufacturers ; BAE Systems , Boeing , Lockheed Martin , Raytheon , and Rolls- Royce . For over 15 years , it has provided solutions specifically designed to help A & D OEMs and suppliers stay compliant with US Department of Defence and UK Ministry of Defence regulations .
An integral part of the aerospace and defence supply chain In 2017 , 65 % of all US defence spend was managed through Exostar ’ s various supply chain and collaboration solutions .
Extending into life sciences Since inception , Exostar has focused on security and compliance – needs many highly-regulated industries share . It has been able to leverage expertise in these industries , to help them control access to their sensitive data . It now serves eight of the top 20 Life Sciences companies , supporting over 100,000 investigators as they conduct clinical trials of new pharmaceuticals .
Hosting a growing global community Exostar helps large organisations collaborate with the smaller organisations and individuals in their network – whether small suppliers of airplane parts , individual physicians writing prescriptions , or clinicians administering experimental drugs as part of clinical trials . This adds up to 575,000-plus active users of various Exostar solutions .
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