The Boeing Company 2002 Annual Report
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Our goal is to enable Boeing business units to concentrate on profitable growth.

Boeing Shared Services Group: Adding
value to the bottom line
 
Boeing Shared Services Group thrust chamber development team
Using Shared Services-enabled virtual design tools, a thrust chamber development team condensed a three-year program to months and a three-month contracting process to days, while reducing product cost from $1.5 million to $50,000 each.
 
Operating 24 hours a day, 7 days a week, Boeing Shared Services Group is a diverse, global organization of more than 16,000 employees in 51 cities and seven countries. Our mission is to provide common infrastructure and services in an innovative and effective manner to give Boeing a competitive advantage.
   Shared Services delivers bottom-line results by improving e-enabling technologies, encouraging innovation, leveraging economies of scale and creating customer-focused solutions. Since 1998, Shared Services has reduced the cost structure of Boeing by more than $1 billion.
   Enterprisewide services range from computing and network operations, e-commerce, and information-management security to services including transportation, facilities, information distribution and nonproduction purchasing. The group also directs safety, health and environmental planning; security and fire protection; the hiring, training, and benefits management of the Boeing workforce; travel services; and real estate portfolio management. Further, Shared Services has enterprisewide responsibility for disaster preparation and response.
   We continued technology investment in 2002 to enhance our ability to access information in an efficient manner. This included deploying and enhancing a tool to improve employee productivity by filtering unwanted e-mails to our people, equating to nearly $2 million of productivity increase.
   Working in partnership with business units and suppliers, we implemented the ExostarSM online auction system for procurement transactions. Boeing business units realized an average savings of 32 percent over traditional negotiation techniques from hundreds of electronic auctions.
   Last year, a new Web-based staffing system created a seamless hiring process, helping Boeing to attract and acquire the best talent and ensuring that our hiring practices comply with government requirements.
   As a “lean business incubator,” Shared Services piloted a number of “virtual work” programs. One of these resulted in a 50-percent reduction in the footprint of the pilot organization and streamlined business processes for hundreds of employees. This successful pilot will soon be deployed to other organizations.
   By providing the best value in services, improving the customer experience and reducing costs, Shared Services contributes to the Boeing strategy by running healthy core businesses, leveraging core strengths and capturing new business.
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