Ingenieur Vol 80 ingenieur 2019 octoberfinal | Page 25

Challenges for Malaysian Aerospace Engineering Services Players This sector is very much a niche market for a developing country like Malaysia. The local aerospace industry is less mature compared to developed countries who have had decades of aerospace engineering work. As a result, requests for such services from domestic players are significantly less. This could change very quickly in the near future as the prime manufacturers push down more “design and build” work package requirements into their supply chain. Although these requirements and expectations have yet to filter down the engineering service supply chain, there is no doubt they will in the near future. With limited work potential from local industry players, increased price competition when entering the global aerospace outsourcing market (particularly against large established ESOs in India) and increasing emphasis on suppliers to take more ownership of the product lifecycle, the future of aerospace engineering service in Malaysia, in its current state and form, looks uncertain. Despite the huge potential of aerospace engineering services, the lack of a supply base of critical size and fragmented nature of the industry has stunted the further growth of its existing players. More efforts and a serious commitment from Malaysia’s business and political leadership must be made to make Malaysia an attractive investment proposition to global aerospace players to set up a base here, and grow their investments in the long run. Without closer links and a larger supply base of more aerospace players, it would be very difficult for aerospace engineering service companies to succeed or even sustain operations let alone compete in the global markets. Gaps in the nation’s human resource skills, infrastructure development and funding incentives must be identified and efforts to close and improve them must be made in short order as not to be left behind by other regional players who are also aiming for the piece of the global cake. In retrospect, engineering service companies will need to adapt quickly in order to remain viable in the future. They will need to select the right innovations and technologies that suit their business case. As disruptive technologies enter the engineering domain, the business of outsourcing work will continue to evolve and develop but in more sophisticated ways. The term “Innovate or Die” seems to give a sense of what is to come, not only for the engineering service sector but for every business sector as we approach the beginning of the fourth Industrial Revolution. REFERENCE 1. “Aerospace Engineering Services Outsourcing Market Size, Share & Trends Analysis Report By Service (Design & Engineering, Manufacturing Suppor t, Securit y & Certification, After-marketServices)”,https:// www.grandviewresearch.com/industr y- analysis/aerospace-engineering-services- outsourcing-market, 2019. 2. Occupational Framework Aerospace Industry, Department of Skills Development, Ministry of Human Resources Malaysia, 2017. 3. “Globalization of Engineering Services: The Next Frontier for India”, Booz Allen Hamilton, (National Association of Software and Service Companies), NASSCOM, 2006. 4. “Is outsourcing to blame for Boeing’s 787 Dreamliner woes?” Washington Post, 2013. 5. Engineering Services in Aerospace and Defence Survey, Accenture, 2010. 6. Airbus in India, https://www.airbus.com/ company/worldwide-presence/india.html 7. “Innovation In Engineering Ser vices Outsourcing: The Need, Challenges and the Way Forward”, Dr. T.C.Ramesh, QuEST Global, 2014. 8. “Exponential Technologies in Manufacturing”, Deloitte, 2018. 9. Airbus Global Market Forecast 2019-2038, Airbus, 2019. 10. Boeing Commercial Market Outlook 2019- 2038, Boeing, 2019. 11. “A350 XWB outsourcing to be model of new Airbus production philosophy”, Air Transport World, 2007. 23