Do you want better terms for your aircraft part repairs?
Of course you do. Me too.
The good news is, you don't need an MBA of finance degree to make it happen. With a little will, a quality relationship and persistence, you can get it done.
Your surplus aircraft material was sitting. Rotting. Wasting away on your shelves.
Slowly eating away at your operational results. Chomp. Chomp. Chomp.
Cash was being sucked down the surplus drain. And the only thing you could do was…
Price. How important is it to you? How often do you try and get the lowest price? I’m sure you’re thinking to yourself, “It’s incredibly important.” and “Every chance I get.” And that’s fair. It’s also common to ask how much something costs. Or to reduce the cost of something. We often use price and cost interchangeably. That’s a mistake.
Do you want better terms for your aircraft part repairs?
Of course you do. Me too.
The good news is, you don't need an MBA of finance degree to make it happen. With a little will, a quality relationship and persistence, you can get it done.
Have you ever had a Repair Order not ship because your finance team didn't pay? Or was overdue?
Of course you have! And now you're stuck. Scrambling for a solution. You need your aircraft material. Your MRO needs their money. Now what?
Yet, it happens every day.
I've been on a number of these calls. I get how stressful it is.