Friday, March 11, 2016

Lockheed Martin Supply Chain Management Saves Navy Millions Annually

Baltimore March 9, 2016 - The U.S. Navy has announced a performance based logistics contract with Lockheed Martin to manage aviation tires leading to significant cost savings in inventory, warehousing and logistics expenses.
Under the contract, Lockheed Martin and partner Michelin North America will manage all Naval aviation tires, including an option for all variants of the F-35 Lightning II tires. The companies worked together for the past 14 years on the initial contract and delivered more than 440,000 tires with reliable, timely delivery worldwide.
"With our SCM+ supply chain management system, Lockheed Martin has accurately forecast tire usage to decrease the amount of warehouse inventory by 80 percent and provide the Navy cost savings since 2001," said Laura Frank, vice president of Integrated Test and Logistics at Lockheed Martin Mission Systems and Training. "Our team is focused on delivering tires anywhere in the world reliably, affordably and quickly to keep aircraft flying."

No comments:

Post a Comment