Exostar Driving Secure, Automated Representations and Certifications Process for Raytheon and its Suppliers
Managed Access Gateway, Reps and Certs Solutions Enable A&D Giant and its Vendors to Reduce Time, Resource, and Cost Commitments
HERNDON, Va., Dec. 15 /PRNewswire/ -- Exostar, the leading provider of secure, on-demand, multi-enterprise collaboration solutions to the aerospace and defense (A&D) industry, today announced that its Managed Access Gateway (MAG) offering is now facilitating supplier representations and certifications (Reps & Certs) process interactions between Raytheon Company and over 1,000 of its suppliers. MAG delivers a secure, automated environment for Reps & Certs process execution, allowing Raytheon to transition its suppliers away from a manually-intensive, paper-based approach.
Federal Acquisition Regulations (FAR) and the Department of Defense FAR Supplement (DFARS) mandate that government contractors obtain Reps & Certs documents from every supplier that exceeds certain spend thresholds in support of government contracts. Through its commitment to continuous process improvement, Raytheon evaluated legacy practices and identified opportunities to streamline Reps & Certs documentation in fulfillment of FAR/DFARS requirements across the enterprise.
Prior to turning to Exostar, Raytheon relied on decentralized processes defined by each of its six businesses. "Our Reps & Certs approach involved manual interactions on the part of our operations that absorbed time and effort better expended on other tasks," said Bill Forbes, Raytheon's Director of Supply Chain Technology. "Exostar's solutions have allowed us to centralize, standardize and automate the Reps & Certs process across the company, while leveraging our IT infrastructure to allow for secure electronic collaboration with our suppliers. As a result, we are realizing significant process savings."
Because the Reps and Certs solution is deployed within Raytheon's IT infrastructure, access to the application must be limited to approved suppliers and their designated users. The Exostar solution also means suppliers no longer have to repeatedly submit Reps & Certs documents to Raytheon. Now, suppliers need only certify once, dramatically reducing their time commitments while empowering any Raytheon buyer in any business unit to quickly and conclusively obtain the information they require.
With MAG, Raytheon enjoys the benefit of best practices for supplier information and account management, and a single place to connect to give access to all validated suppliers and users, satisfying corporate security requirements. From the supplier's perspective, MAG supports Web-based single sign-on access to Reps & Certs activities, as well as the potential to reach other applications, based on user privileges, in the expansive Exostar cloud.
MAG is a comprehensive, cloud-based solution that provides identity management services. MAG allows an enterprise to outsource its external user account management to Exostar, which delivers automated provisioning of external suppliers and users, user authentication, and help desk support.
According to Vijay Takanti, Exostar's Vice President of Security and Collaboration Solutions, "Firms with large, geographically distributed supply bases simply can't afford to dedicate resources to manually-intensive, paper-driven Reps & Certs processes. The pace at which suppliers are migrating to our MAG/Reps and Certs solution is accelerating for three reasons. First, all parties have significant upside potential. Second, the solution is proven and delivering promised results. Finally, Exostar makes the transition and ongoing execution smooth."
About Raytheon Company
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Exostar's Trusted Workspace powers secure multi-enterprise information sharing, collaboration and business process integration throughout the extended value chain. Exostar was founded in 2000 to support the complex trading needs of the world's largest aerospace and defense companies, including BAE SYSTEMS, The Boeing Company, Lockheed Martin Corp., Raytheon Co. and Rolls-Royce. Exostar's identity assurance products and on-demand business applications reduce risk, improve agility and strengthen trading partner relationships and profitability for over 70,000 companies worldwide. For more information, please visit www.exostar.com.
Media Contact: Alan Gilbert Exostar (703) 793-7735 (o) (703) 624-4675 (m) Alan.Gilbert@exostar.com
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.