Boeing is one of the top ranked aerospace industries having the largest market share in almost 150 countries of the World. Boeing has a wide range of services that include the electronic and communication equipment along with the multiple types of advanced and latest defense systems. With such a large export all around the world, the Boeing has an enormous competitive advantage which differentiates the Boeing from all the other aeronautical companies.
The Policy
The policy on which Boeing works is really fascinating. The company has a variety of suppliers from different countries that facilitate it in developing the technologies along with the design concepts. This step opens a gateway to the national markets of those countries. Many examples include Mitsubishi, Kawasaki and the list goes on. These all companies are the reason for making Boeing one of the biggest giants in the Japanese market.
The Satellite Network
The satellite network of Boeing is very strong. More than 12,000 Boeing air line jets are on the job around the planet. Other than this the airline has a powerful structure to handle the spare part delivery all across the globe to offer the best customers service. One of the key features behind the enormous success of the airline is that it monitors each and every part that helps in the assembly of an airplane. For the same reason it has the partners comprising of huge names like Rolls-Royce, the name that is best in engine market.
Global Sales and Production
One of the Boeing enormous benefits is that both its sales along with the production facilities are globalized. This step helps the company to let its name whisper in every layman ears. Each and every individual across this earth is familiar with Boeing and prefer to be the part of such an amazing setup. The airline also joins hands with its competitor like Lockheed Martin and Northrop Grumman in a joint program of building a missile.
Highly Competitive Employees
Boeing earns a large amount of revenue from all across the world, even from the pockets of the competitors. They can easily hire the best brains and offer them very high bounties and luxurious lives to work for them. They usually interchange the employees from the competitors to drain their secrets. The company is wealthy enough to buy any land for its use in different parts of the world. This is the reason that the airline registers its name in one of the top ten holding of SPDR.
Diverse Target Market
Another important aspect of its policy is that it targets the people of different interests for example the business man, military sector and common people etc. This is the reason that the company has a bunch of product lines spreading from the Boeing Business Jet to the six other families of the jet liners that include the 747, 757 and many more.
These are the tactics and the strategies behind the enormous success of Boeing all over the World. These techniques not only help Boeing to remain the best in the business but also helps the airline to be on the top from its competitors like Airbus, Embraer and many such others. No doubt these competitive advantages are a major source of inspiration for the other airline companies to look further and raise themselves up to the new heights of the glory and zenith.