SOCOMORE 2019-2024 Business Flight Plan

In the coming years, the aerospace sector will continue its expansion, internationalization and consolidation. The challenge will be to optimize costs, investment and the supply chain while stimulating innovation and maintaining skills.

SOCOMORE, a provider of chemical specialties to the aerospace market, has developed a business strategy that will enable us to continue to meet customers’ technical, economical and organizational challenges into the future.

Our strategy is based on five pillars and six key objectives.

SOCOMORE strategic pillars

SOCOMORE KPI strategy

 

Key Objectives

€130M Sales

SOCOMORE will contribute to the global supplier consolidation program and manage our customers’ expectations with our full range of surface preparation, testing, protection and assembly solutions. We are ‘The Surface Company’.

Flyable Products

We will focus our product development on high value-added flyable products that benefit our customers.

On Time Delivery (OTD)

A 98+% OTD rate is required to be a reliable supplier. SOCOMORE consistently works to meet this standard as a result of strictly managed processes and a high operational performance that combines quality, lead time and costs.

Maintenance, Repair, Overhaul (MRO)

As aircraft fleets will grow considerably over the next 20 years, we will reinforce our MRO solutions in territories where customers have maintenance operations.  We’ll also continue to qualify our solutions to both OEM and MRO specifications. This will enable our customers to simplify their supply chain and benefit from economies of scale.

New Products

We always work closely with our customers to both anticipate and meet their current and future needs. Our R&D teams develop tailor-made solutions in response to customer issues.

Wage Bill/ Added Value

Our aim is to enhance the company’s economic performance to ensure we can sustainably supply products to our customers and finance our growth.

Discover the full strategy: