Considerations regarding the risk of using counterfeit products in the aerospace industry

This paper aims to increase the level of awareness regarding the risk of using counterfeit parts in the aerospace industry. Manufacturing and selling counterfeit parts is a challenge that almost every business faces and that has an impact on retailers, distributors, and producers. Contrary to other businesses, counterfeiting could be fatal in the aerospace, defense, and automotive sectors. The risk of receiving counterfeit parts or assemblies with counterfeit parts will vary depending on the organization’s role and position within the supply chain. The risk increases with the number of supply chain intermediaries (such as sub-tiers, distributors, customers, services, etc.) that incorporate parts into products or assemblies

Contractual Requirements Review and Management

This article presents contractual requirements review as an element of a Quality Management System (SR EN 9100:2018 [1]), which requires the organization to conduct requirements reviews at various stages of the product realization lifecycle. Proper conduct of a review and management of requirements will enhance overall supply chain performance with regards to On-Time-On-Quality Delivery (OTOQD)

Modelling the Impact of VAT Fiscality on Branch-Level Performance in the Construction Industry—Evidence from Romania

Fiscal policy stands as a crucial pillar of economic development through its economic financing function. The regulatory effects of fiscality have been shown to reduce the ripple effects of uncertainties on economic growth within the EU. Unlike the average European economy, the Romanian economy has exhibited particularities concerning economic growth (ranking highly in economic growth among European nations in absolute terms), partly due to a more assertive fiscal policy applied to a consumption-based economy affected by hyperinflation (especially in the last five calendar years). The research issue stems from the premise of the lack of predictability in Romanian fiscal policy and its implications for the business environment. Our aim is to develop an econometric model of the fiscal effects of VAT on the business performance of the construction sector in Romania for the period 2010–2021. The methods employed involve empirical analysis and the development of consolidated industry-level databases followed by econometric modeling using the multiple linear regression method. The results of the research demonstrate that financial independence and solvency promote excessive taxation in emerging markets and developing countries, such as Romania, being correlated with the macroeconomic evolution of the respective state. Additionally, the results indicate that tax pressure can constitute a barrier to the sustainable development of firms, with direct repercussions for consumers. Attractiveness to investors is also affected, remaining a priority for companies. The study’s findings will enable the identification of the main impediments and opportunities brought about by VAT taxation on branch-level performance, proving useful for construction sector managers and fiscal policy makers in fostering sustainable industry development and establishing a sustainable fiscal regime to safeguard investors

Decorated Apatitic Materials: Synthesis, Characterization, and Potential Application

The literature provides us several examples of apatitic. [...