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Wednesday, 15 February 2012, 17:20 HKT/SGT

Source: Singapore Airshow
SIA Engineering Company Chooses Airbus Managed Inventory
Airbus' Tailor-made Solution Will Automate Inventory Management

Singapore Airshow, Feb 15, 2012 - (ACN Newswire) - SIA Engineering Company (SIAEC) has signed a contract with Airbus for the implementation of the Airbus Managed Inventory (AMI) solution. This will ensure the replenishment of Airbus proprietary parts at SIAEC's facilities utilizing an automated inventory management system provided by Airbus. SIAEC is the first customer worldwide to select the AMI 'Ownership' option - this means that the stock is Airbus-owned, up to the time when it actually needs to be used.

The AMI service, which underlines Airbus' innovative strategy in offering customised services based on the latest industry standards, captures material consumption information in real-time and automatically triggers the replenishment process within the agreed inventory levels. AMI shifts administration and transport responsibility to Airbus, thus reducing costs for the customer.

"We are pleased that SIA Engineering Company has chosen the Airbus Managed Inventory solution and its ownership module which is tailor-made for supply chain requirements of our industry," said Didier Lux, EVP of Airbus Customer Services. "We are confident this will achieve high on-shelf availability at optimum on-site inventory levels."

He adds: "In view of SIAEC's role as a major service provider for the Airbus Tailored Support Package solution, we are entering a new level of cooperation between our both companies."

About Airbus

Airbus is the world's leading commercial aircraft manufacturer producing the most modern and efficient airliners in every category, from the single-aisle A320 Family up to the world's largest airliner, the A380. Airbus has design and manufacturing facilities in France, Germany, the UK, and Spain as well as subsidiaries in the US, China, Japan and in the Middle East. Headquartered in Toulouse, France, Airbus is an EADS company. For more information, please visit www.airbus.com.

About SIA Engineering Company

SIA Engineering Company (SIAEC) is a leading aircraft maintenance, repair and overhaul (MRO) company providing total maintenance solutions to an expanding client base of international airlines. SIA Engineering Company, together with its 25 joint ventures and subsidiaries across nine countries, forms the SIAEC Group. The SIAEC Group provides extensive maintenance, repair and overhaul (MRO) of aircraft to more than 80 international airlines worldwide. For more information, please visit www.siaec.com.sg.

Topic: Press release summary
Sectors: Airlines
From the Asia Corporate News Network

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