3 Days, 2 Buyers, 1761 Parts – Inside Next-Gen MyTECHNIC Procurement

Business Type
MRO
Product/Service
Sourcing AI
Location
Europe
PNs with real-time market availability
PNs Received at 3+ Viable Quotes
PNs ready to order in < 24 hours
Context / Problems

MyTECHNIC, a global provider of MRO services specializing in aircraft, engines, and component maintenance, faced increasing pressure to enhance procurement speed and efficiency.

To address these bottlenecks, myTECHNIC implemented SkySelect Sourcing AI, an advanced solution designed to automate quoting processes, streamline supplier engagement, and accelerate purchasing decisions.

Key objectives:

  • Reduce manual workload for the procurement team.
  • Accelerate the entire purchasing cycle, from Part RFQ to quotation.
  • Expand and diversify myTECHNIC's network of suppliers.
  • Eliminate redundant and non-value-adding activities within the sourcing process.
Solution/Outcome

By adopting SkySelect, myTECHNIC dramatically transformed its procurement operations. This enhanced capability was clearly demonstrated when, over a span of just three days, two buyers successfully processed an impressive 1,761 part requests, marking a dramatic improvement from their previous average.

These results illustrate how myTECHNIC utilized data-driven automation to enhance sourcing speed and increase efficiency. With the help of SkySelect's AI-driven parts procurement platform, buyers managed hundreds of line items each day while simultaneously maintaining complete control over the process.

For context, before SkySelect the buyers processed 15-35 parts per day (the industry average is 10 to 20 parts daily). Processing 1,761 parts in three days would necessitate the efforts of 17 to 39 buyers, translating to approximately 50 to 117 “buyer days."

Integrating SkySelect into our operations has been a game-changer. We have witnessed a significant reduction in our sourcing turnaround times while achieving broader quote coverage and enhanced supplier responsiveness. This technology has been instrumental in eliminating non-value-added tasks, allowing our team to dedicate their expertise to more strategic decision-making, ultimately benefiting our operational agility.
Murat Eroğlu
Supply Chain Director at myTECHNIC
Parts Procurement AI
Real-Time Availability. Optimized Inventory. Maximum Savings

With Procurement AI, you gain real-time visibility into your supply chain, providing a complete understanding of parts availability. This award-winning platform enables you to plan confidently by proactively adjusting stock levels based on market dynamics and unlocking significant working capital, all while effectively avoiding costly delays.