Spec2000.com offers aviation e commerce solutions in Washington, DC

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Spec 2000

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Created by the airline industry to revolutionize the multi-billion dollar aviation parts business, Spec 2000 is a comprehensive set of e-business specifications, products and services that are designed to overcome challenges that have plagued the industry's supply chain for decades. Widely used by the world's airlines and suppliers, the system has served the industry for more than 40 years and has evolved to embrace the latest technological advances in information exchange. By streamlining business processes and reducing administrative costs, Spec 2000 has grown to become the backbone of the aviation industry's current e-business processes. As a result, the industry has attributed significant operational efficiencies and cost savings to the Spec 2000 system. As more trading partners embrace it, the system becomes increasingly more efficient and effective.

Administered by the Air Transport Association (ATA), Spec 2000 is the product of 12 international industry associations representing airlines, manufacturers, suppliers and repair agencies. The primary goal is to provide cost-effective, state-of-the-art methods for information exchange that are usable by the widest possible population of companies. Today the system includes four types of information exchange:

Collectively, these four components comprise the Spec 2000 e-business system. The system is specifically tailored to the airline industry's needs for procurement and repair transactions for aircraft maintenance, and is recognized as the industry standard by a long list of participants worldwide. (See Spec 2000 Directory.) Your company may be in the process of deciding whether, or when, to embrace e-business. Time and money savings can depend upon current costs and structure of your internal administrative and operational processes. However, you cannot assign a tangible dollar value to the advantage of staying competitive within an industry. Sometimes you must respond to a request from a trading partner to embrace new e-business methods. Consider the following positive results in your analysis:

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