One of the benefits of a larger organization, with many experienced minds put to bear on complex challenges, is that our solutions are often best-in-class. These best practices are then systematized and employed across the organization, essentially standardizing excellence.
All Parker Aerospace program managers are required to obtain certification as Project Management Professionals by PMI®, the Project Management Institute. This certification gives our program managers an in-depth understanding of the discipline and the positive affect it has on customer programs. Certification is held by many of our engineers, contract administrators, and functional managers as well.
In 2016, the program management office at Parker Aerospace was recognized as one of the world's top three by the Project Management Institute. The company puts strong emphasis on the use of standardized, professional program management methodologies through our engineering and production programs. This enables us to manage program costs, schedule, scope, and risks, while aligning with customer and industry standards.
Lean practices are integrated in all we do, going beyond manufacturing to lean enterprise systems that have become a part of our culture and an important aspect of program management. This translates to an overriding philosophy of being fastest to market, with the highest quality, the best value, and the shortest value stream. Lean events, held on the factory floor and in administrative offices, reduce inventories, lead times, turnaround and cycle times, and backlogs for increased productivity, faster and better customer service, and improved yield.