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Asset and Inventory Management
The spare parts inventory management business is essential to the operational efficiency of an airline. Preventing an aircraft-on-ground (AOG) situation is the foremost priority for airlines, because, every minute that the aircraft is not flying, it incurs huge loses. Numerous solutions are now available to help reduce lead times and cost, but with growing competition and airlines wanting smaller inventories, the most critical strategy is to have the right part at the right time, while retaining its competitive spirits.
At APT, we are always striving to bring in innovative and new technologies that can tackle this fundamental problem of lack in IT infrastructure that connects the various nodes in the spare part ecosystem. With right visibility and access, the unused/excess stock that is present with one player in the ecosystem can ideally solve the AOG situation of another, provided both are seamlessly connected at the right time, eliminating supply chain bottlenecks.
The Aviation spare part industry is cluttered either with suppliers like OEMs, Licensed Part Manufacturers, PMAs, Part Traders, Part Locator Services etc., or, with the Airlines and MROs that use these parts. There exists a spectrum of methodologies by which inventory is managed like Owned stocks, Pooled Stocks, Consignments, PBH etc. Multiple outlets, distributors, wholesalers, and manufacturers, are all intended to improve profitability of the overall system, optimizing the relationship between the cost of maintaining inventory and the revenue generated by that inventory. Imperfect stocking or buying/forecasting decisions can result in accumulations of excess inventory at some points and deficiencies of inventory at other points. Maintaining enough inventory to meet the operational/customer demands, while not investing too heavily in stock that ultimately become obsolete, can be challenging.
We specialize in tailor-fit solutions for all your asset management needs. We enable partners to:
- Consign material to realize value in unused assets.
- Reduce maintenance cost.
- Reduce cost and downtime.
- Utilize distressed material to lower repair cost.
- Leverage our biggest asset, our team.
The Lease & Inventory Management Solutions team offers flexible structuring programs, including:
- Inventory Leasing
- Inventory Purchase and Lease-Back
- Forward Purchases
- Inventory Consignments
- Inventory Repair Programs
- Disassembly and Repair Management Solutions
- Tailored Inventory Management Services