Integrated Materials Management (IMM) Program Sample Clauses
The Integrated Materials Management (IMM) Program clause establishes a coordinated approach to managing all materials required for a project or operation. It typically outlines procedures for procurement, storage, tracking, and distribution of materials, ensuring that all parties involved follow standardized processes and maintain accurate records. By centralizing and streamlining material management, this clause helps prevent delays, reduces waste, and ensures that necessary resources are available when needed, ultimately supporting project efficiency and cost control.
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Integrated Materials Management (IMM) Program. If requested by Boeing, Seller shall participate in and support Boeing's Integrated Materials Management (IMM) Program pursuant to terms and conditions mutually determined by the Parties that will achieve an efficient and low cost supply chain infrastructure pursuant to the goals and strategies of the IMM Program as set forth below:
A. Provide a Boeing integrated solution for Customers’ material management operations;
B. Provide guaranteed service levels to Customers’ maintenance operations;
C. Reduce inventory and process costs with better service levels to customers;
D. Enable supply chain and Customers to reduce costs and share benefits. IMM on-site functions may be located at Customers’ facilities and may include, demand planning, inventory management, repair and overhaul services and replenishment management. IMM global functions may include, planning and collaboration, global operations, systems integration, network supplier management, global logistics management, quality assurance, human resources, parts/services engineering, finance and accounting, communications, product development.