If you’re a Dash 8 operator, aircraft MRO, or lessor, this post is for you.
This is your go-to resource for the current major Dash 8 components we have available now or in the near term.
Bookmark this page as it’ll be updated often.
Do you have surplus aircraft part inventory?
This unnecessary buildup occurs when you order inventory in preparation for near term consumption.
When that consumption never occurs. Voila! Surplus inventory builds up.
Here’s the impact that this causes to your operation.
It’s not the price you pay, how business savvy you are, or how excellent your negotiation skills are. This is the MOST IMPORTANT skill you need when purchasing aircraft parts.
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.
Discover the essential three-step process to efficiently create a highly effective line maintenance material list, ensuring smoother and more organized line maintenance operations.
Do you have surplus aircraft part inventory?
This unnecessary buildup occurs when you order inventory in preparation for near term consumption.
When that consumption never occurs. Voila! Surplus inventory builds up.
Here’s the impact that this causes to your operation.
Inventory is costly.
If you don’t have the back-end support you need, you’ll want to keep inventory on hand. It’s part of doing business. It’s your risk mitigation.
But if you do have the support you need, then inventory just becomes a burden. It’s also costly. You could have millions of dollars tied up in inventory that isn’t producing revenue for you.
What if you have multiple APUs in stock? Worse, what if you have more than you need?
Is your fleet growing? Do you feel prepared?
Scrambling to resolve AOGs, running out of money, and not having enough time to do everything are clear signs, you're having growing pains.
It's those pains you feel deep in your chest. Like a 2-ton brick pressing down on your core.
On one hand, it's great your fleet is growing. On another, it's causing you tension. I like to think of as a puzzle. You need to scope the landscape and then begin laying down your puzzle pieces.
Do you purchase expendable and consumable material from international partners?
If you're like most airlines, MROs, lessors and militaries we work with, your answer is…YES! Duh!
By sourcing material from overseas partners, you’re trying to control total material costs and increase reliability.
Not long ago having a lot of inventory was common. It was "smart", and the industry norm. You had something when you needed it...if you ever needed it.
I used to think this way as well.
I'd wake up every morning, sip on my coffee, and wonder how I was going to keep plenty of stock. Always. But then one morning I woke up and the coffee smacked me clear across the face.
Inventory. It’s your best friend and worst enemy. Done right, it’ll give you what you want when you want it. Done wrong, it’ll waste time and money. Here are 11 common inventory mistakes you’re making and some tips to help you resolve them…
You can’t decide. Do you need a vendor consignment or a vendor managed inventory for your aircraft material? These terms get thrown around interchangeably but they’re actually quite different. We wouldn’t call a zebra a lion now would we? Let’s take a look at the relationship of these two inventory strategies…
Inventory holding strategies haven’t changed much in the past 30 years. Airlines still cling to the ‘just-in-case’ mentality. And because of that, excessive inventory is costing airlines $10bn per year (21% of total inventory value).
You need a change. What you’re doing isn’t working. Things aren’t getting better. You’re more stressed than ever and you want an idea that will give you more of what you need. Time.
But the real issue is what you’re going to do about it? A vendor managed inventory is a solution that will resolve a lot of your time and cost issues. And, it’s easy to implement. But first, let’s understand some of the issues it’ll help you resolve.
