United States Air Force Selects PTC Service Parts Management to Optimize its Supply Chain
January 31, 2017 at 07:30 pm IST
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PTC announced that the United States Air Force (USAF) has selected the PTC Service Parts Management (SPM) SaaS solution to deliver integrated supply chain planning and enhance weapon systems support at Air Force Sustainment Center (AFSC) locations around the globe. PTC SPM SaaS is part of the Servigistics® suite of Service Lifecycle Management solutions. PTC Service Parts Management, delivered as a SaaS model, will enable the USAF to more efficiently manage its supply chain, as well as improve the inventory performance of its operations. PTC Service Parts Management SaaS will enable the USAF to improve demand forecast accuracy, reduce planning workload, implement comprehensive supply planning with supportability, achieve near real-time supply chain metrics, improve logistics cost estimation, and optimize aircraft availability by location. By leveraging the solution in the PTC Cloud, the USAF will be able to collaborate and share information in a safe and reliable DoD compliant environment. The scalable Service Parts Management SaaS solution was built leveraging many years of experience in the Aerospace and Defense industry. The solution will enable the USAF to improve warfighter support through agile and integrated planning processes across the following capabilities: Demand Planning to generate independent (unscheduled) and dependent (scheduled) forecasts, including the expert selection of forecasting algorithms, and the application of causal factors such as flying hours. Inventory Optimization to achieve specified weapon system availability while simultaneously minimizing inventory investment and adhering to financial constraints, combining Readiness Based Sparing (RBS) principles, aircraft uptime, and fill rate optimization along with other business rules. Supply Planning capabilities to produce a supply and distribution plan to correlate repair, purchase, and (re)distribution orders with current or future demands. Distribution planning aligns assets to support weapon system availability and to proactively manage material shortages at maintenance/operating locations. Exception Management with robust error reporting and event management capabilities to alert users to pertinent information, and make autonomous recommendations to reconcile exceptions within discrete planner work queues for demand planning, inventory optimization and supply planning. Performance Management capabilities with analytics, data stratification, metrics, reporting, and dash-boarding capabilities to support root-cause and what-if analyses.
PTC Inc. is a global software company that enables industrial and manufacturing companies to digitally transform how they engineer, manufacture, and service the physical products. Its computer-aided design (CAD) portfolio solutions enable companies to author product data. Its product lifecycle management (PLM) portfolio solutions enable companies to manage product data and orchestrate processes. Its software can be delivered on premises, in the cloud or in a hybrid model. Its PLM products and services include Windchill PLM, ThingWorx, ServiceMax, Arena, Codebeamer, Servigistics, FlexPLM and Kepware. Its CAD products and services include Creo 3D, Onshape, Vuforia and Arbortext. Its Windchill PLM application suite manages all aspects of the product development lifecycle-from concept through service and retirement-by enabling a digital thread of product parts, materials and configuration information. Its ThingWorx platform is flexible and purpose-built for industrial Internet of things.