Boeing and Damco sign MOU for development of global SCM tools
Boeing, a unit of the US-based the Boeing Company, and Danish logistics company Damco, part of the A.P. Moller - Maersk Group, have joined hands for the development of industrial and technological logistics tools to assist global supply chain management.
The two companies have signed a Memorandum of Understanding and have released a joint statement saying that this MOU will help them improve efficiency and effectiveness in the multi-billion dollar supply chain optimisation market.
The statement said, “The two companies will explore opportunities to use the Boeing-developed Joint Logistics Command and Control Environment (JLC2E) modelling and simulation tool to expand into commercial markets and incorporate Damco’s expertise in supply chain management.”
It was also explained in the statement that Boeing’s state-of-the-art JLC2E tool allowed defence customers to “experiment and evaluate supply chain tactics, processes and technologies to support current and future complex defence missions”. Also that Damco could benefit from Boeing’s status as the largest exporter in the US through future freight forwarding opportunities as Boeing had shipped more than $350m in aerospace goods and services globally in 2008.
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