Insights

This milestone comes on the heels of an exciting 12 months for the organization, which saw $1.5 billion in transactions in that timeframe, thanks to onboarding several airlines, MROs and suppliers across the globe.

The integration of AvSight’s advanced ERP platform and SkySelect’s automated procurement capabilities provides substantial gains in operational efficiency.

Automatically see where each part stands in terms of price, response time, and lead time.

Technology, specifically AI and automation will play a pivotal role in 2024, as the industry positions itself to overcome major challenges.

The traditional process of procuring spare parts for aircraft leads to excessive costs, manual work overload and constraints including locking up valuable capital of airlines, but there is a better way forward thanks to technology.

As MROs are faced with a resource crunch and an ever-changing supply chain while trying to support customers efficiently and cost-effectively, they are increasingly turning to new tools and processes to transform their organizations.

There’s been a lot of discourse about how technology such as AI will take away jobs. But, what if it can actually have the opposite effect?

Although more difficult than ever, when deployed accurately, forecasting has the potential to dispel many of the industry’s challenges.

A big part of aircraft parts procurement is the aftermarket. And technology can help this area of the business evolve.

The aviation industry presents more opportunities than ever before for women, but further measures need to be taken to ensure more female leaders.

We're continuing to add new features inside the SkySelect platform to save suppliers time and increase revenue.

On average, airlines face part delays of 60-90 days. Even routine parts are experiencing significant delays leading to AOG and Urgent situations. Let's learn how we can alleviate this snowballing problem.

The aviation industry is enduring challenging times but is also presented with tremendous possibilities to create a positive change.

Now is the perfect time to improve your on-time delivery.

Supply chain challenges such as raw material, manpower, and logistics forced us to adopt new risk management practices, such as increasing the inventory of critical components.

In aviation, we have an equal opportunity to develop our talents.

Leveling the playing field and reshaping the future of the aviation industry.

Part 2: Growth Opportunities & Leveraging Technology

Part 1: Key Challenges and Market Drivers in the MRO Supply Chain

The MRO supply chain is offline, slow, opaque, expensive, and inefficient. Recent events such as Covid, economic sanctions, re-routing, and no-fly zones have only confounded supply chain disruptions and further illustrated the need for change.

Aircraft material purchasers have always found it challenging to match the right supplier with the right part requirements. Historically the process has always been done using manual procedures, which rely on the expertise and bandwidth of employees.

We find ourselves marked in an era rife with air travel demand shock, supply chain inefficiencies, an ever-changing workforce, and soaring costs due to inflation.

Watch on-demand how procurement managers can get out of firefighting and start taking a more strategic approach.

If you’ve even been remotely following current events, it’s no news that the global supply chain is under immense pressure and facing a multitude of problems. This, of course, extends into aviation, which has been hit particularly hard over the last few years, given the social, economic, and general state of the world.

The aircraft parts purchasing market is complex, filled with processes, constraints, and challenges both internally within airlines, MROs, and with suppliers.

Watch on demand: How to effectively leverage technology in MRO Supply Chain

Supply chains all around the world are broken and becoming further disrupted. No industry remains unscathed, including aviation. Specifically, the process of buying aircraft parts has become increasingly complex and riddled with a number of obstacles.

A huge opportunity exists to leverage the availability of new and aftermarket parts

New automation tools, AI and workflows are replacing manual processes, making it possible to run more efficient and cost-effective aircraft maintenance.