Renton, WA — April 28, 2003 — Sourcing solution provider Vykor is teaming up with a research and development unit of aerospace giant Boeing to explore new ways of reducing the cycle time and cost of manufacturing high-quality metallic parts used in the assembly of aircraft.
Under the alliance, Vykor and Boeing's Phantom Works unit will share their latest developments in advanced research, manufacturing techniques and industry initiatives with the Boeing supply base. In addition, Boeing Phantom Works will use and promote Vykor's software and services to create, capture, quantify and optimize manufacturing strategies.
The Boeing Phantom Works is the advanced R&D unit of the Boeing Co. It serves as a catalyst of innovation for work being done on military and commercial aircraft and spacecraft in the aerospace manufacturer's various business units, to which successful results of the Vykor alliance could be transitioned.
"A mission of Phantom Works is to develop or acquire advanced technologies, processes and systems for producing higher quality, lower cost aircraft in less time and for less money," said Bart Moenster, director of advanced manufacturing research and development in Phantom Works. "Our new alliance with Vykor is another step toward fulfilling this mission and providing greater value to our customers."
"Integrating the best-in-industry expertise into Vykor's software and services is of tremendous value for our customers and partners," said Rob Eleveld, CEO of Vykor. "The Boeing Phantom Works alliance ensures that Vykor may leverage the knowledge of the industry's premier research and development organization to reduce the cost and schedule of producing engineered parts and tooling."
Vykor provides strategic sourcing solutions for engineered, machined parts and tooling to the industrial manufacturing companies.
For a look at how one manufacturer is using Vykor's solutions to reduce its costs, see the article "Striking Gold with SRM" in the April/May 2003 issue of iSource Business.