FedEx plans to expand its use of Mojix's inventory tracking platform for aircraft parts. The platform uses RFID technology to provide real-time updates on location and process stage, as well as alerts on improperly stocked or non-delivered parts. This enables FedEx to quickly locate and deliver necessary components for repairs, improving efficiency and minimizing costs. The company has already saved over $7.5 million in found inventory.
Frequently Asked Questions - FedEx Scaling Program
Q: What is the FedEx scaling program that reduces air fleet downtime?
A: The FedEx scaling program that reduces air fleet downtime is an initiative by FedEx to expand its use of an inventory tracking platform in order to further reduce aircraft fleet downtime and costs. It aims to improve efficiency and reliability in delivering the right parts to mechanics at the right time.
Q: How does the FedEx scaling program reduce air fleet downtime?
A: The FedEx scaling program reduces air fleet downtime by using an inventory tracking platform that helps keep tabs on inventory, optimizing the availability and location of parts needed for aircraft maintenance. This helps minimize aircraft downtime and reduces the time required for repairs.
Q: What are the benefits of the FedEx scaling program?
A: The benefits of the FedEx scaling program include reducing air fleet downtime and costs, improving efficiency in aircraft maintenance, enhancing reliability in delivering the right parts to mechanics, and optimizing inventory management. These benefits contribute to improved overall operational performance for FedEx.
Q: Is the FedEx scaling program already implemented?
A: The search results do not provide specific information on whether the FedEx scaling program has already been implemented. However, the program is mentioned as a planned initiative to be expanded, indicating that it may still be in the process of implementation or in the early stages of adoption.
Q: What technology or platform is used in the FedEx scaling program?
A: The FedEx scaling program utilizes an inventory tracking platform developed by Mojix. This platform helps track and manage inventory, optimizing the availability and location of parts needed for aircraft maintenance.