Boeing and Denmark’s Damco have signed a memorandum of understanding (MoU) to further develop industrial and technological logistics tools to improve global supply chain management.

Through the MoU, the two firms will be able to improve efficiency and effectiveness in the multibillion-dollar supply chain optimisation market.

The agreement will enable the companies to explore opportunities to use Boeing’s joint logistics command and control environment (JLC2E) modelling and simulation tool to expand into commercial markets and incorporate Damco’s supply chain management expertise.

The JLC2E tool allows defence clients to experiment and evaluate supply chain tactics, processes and technologies to support current and future complex defence missions.

Damco chief commercial officer Martin Thaysen said that Damco is in the business of moving products, reducing costs and improving service levels.

“Working with Boeing’s supply chain experience and technology would allow us to develop new ways of reducing cost and freeing up cash for our customers, which is particularly important in these economically challenging times,” Thaysen said.

Damco, an AP Moller – Maersk Group company, offers a range of supply chain management and freight forwarding services across the world.

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