AlliedSignal Aerospace has formed an alliance with logistics company Caterpillar in an initiative to strengthen its position in the aftermarket, it was announced at the show yesterday.
The aims are to help customers cut flight delays and aircraft downtime, and to enable them to save millions of dollars spent annually on excess inventory stock.
The move is a recognition of the fact that the aftermarket is increasingly becoming a service industry, says AlliedSignal Aerospace president Daniel Burnham.
"We used to think of us as a provider of technology but our customers want service."
Having concluded that the aerospace industry is not world-class when it comes to logistics, AlliedSignal turned to specialist Caterpillar Logistics Services.
Caterpillar has a global network which will form the basis for the streamlined inventory logistics service.
"This alliance will enable us to achieve our long-standing goal of becoming the premier source of value-added, global aftermarket services to the aerospace industry."
Source: Flight Daily News