Boeing and Honeywell collaborate to reduce airlines´ inventory

Filed in archive Partnerships on October 17, 2007

After few bounces along the way with its Integrated Materials Management Program, Boeing has recently signed a contract with Honeywell Aerospace that will allow them to significantly reduce an airline's maintenance costs by providing expendable parts.

The companies partnered as part of Boeing's Integrated Materials Management (IMM) initiative. Through this program, Boeing and suppliers like Honeywell maintain an airline's inventory of spare parts - providing items as needed. By reducing the airline's own inventory, IMM reduces the airline's cost of doing business. Honeywell is a supplier of consumable hardware products and services and a distributor of standard, proprietary and hard-to-find parts. They provide 725,000 parts from 150 global manufacturers and 2,600 suppliers.



According to Express Travel World, such partnerships are considered the next step in expanding Boeing services to suppliers throughout the world to provide value for airline customers and supplier partners by building on existing materials management programs with airlines. Current customers for IMM include AirTran Airways, All Nippon Airways, Delta Air Lines, Japan Airlines, KLM, Japan Transocean Air, Singapore Airlines and SIAEC.