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Airline inventory management will save money

Honeywell has made an agreement with The Boeing Company that will help airlines drive down maintenance costs by providing expendable parts.

Honeywell and Boeing will support airline customers worldwide by maintaining an airline’s inventory of spare parts — providing items as needed. By reducing the airline’s own inventory, Honeywell and Boeing will help airlines reduce their cost of doing business.

The companies teamed up as part of Boeing’s Integrated Materials Management (IMM) program.

“Honeywell has the industry knowledge to assist airlines in simplifying the maintenance, logistics and spare equipment availability to reduce costs,” said Jeff Smith, Vice President for Honeywell Consumable Solutions.

“Providing hardware on a just-in-time basis is a vital element of our total inventory solutions capability.”

The current agreement covers more than 5,000 part numbers to be implemented in 2007, with additional part numbers and customers to be added in 2008.

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