repair management

4 Shipping Tips To Save You Money On Aircraft Maintenance Planning

4 Shipping Tips To Save You Money On Aircraft Maintenance Planning

If you could start saving 25% of your maintenance costs right now, don’t you think you’d implement a change to make that happen?

Well, look no further, because I have a solution for you to reduce your wasteful spending around your aircraft maintenance planning initiatives.

GET RID OF INFLATED AIRCRAFT COMPONENT REPAIR PIECE PARTS ONCE AND FOR ALL

GET RID OF INFLATED AIRCRAFT COMPONENT REPAIR PIECE PARTS ONCE AND FOR ALL

Have you ever received an aircraft component repair work order and wondered, how in the world did the price get so high?

The repair facility quoted you an average overhaul cost, but for some reason, your work order quote is twice the average.

You review the work order thoroughly but to no surprise, there are no over and beyond parts.

Repairs: 5 Reasons You're Wasting Money And May Not Know It

Repairs: 5 Reasons You're Wasting Money And May Not Know It

Aircraft maintenance is stressful. But who am I kidding, you know this, right?

It's where you spend a large chunk of your operating budget, and where 95% of your stress occurs.

Or maybe not...

[LIVE] 5 simple ways to land better financing for your aircraft part repairs

[LIVE] 5 simple ways to land better financing for your aircraft part repairs

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.

7 Ways Repair Management Can Simplify Your Life

7 Ways Repair Management Can Simplify Your Life

Dealing with the repair of your aircraft spare components can be in large, a waste of your time.

If you suffer from exhaustion because the communication between you and the 20+ repair shops you deal with is poor, you're not alone.

Manpower and time are scarce, so why go chasing the world for a simple update? You need communication, delegation, and deliberation. It's difficult to achieve this alone.

I have good news for you.

Repair management is one of the best

3 Painful Reasons To Re-Evaluate Your Aircraft Component Repair Strategy

3 Painful Reasons To Re-Evaluate Your Aircraft Component Repair Strategy

We've all been there when the dreaded phone begins to ring. You anxiously wait as you look at the caller id.

A brief thought comes to mind, should I pick it up? Or should I let it go to voice-mail?

You ponder the thought of ignoring it.

Instead, you cautiously pick up the phone.

“Hello."

It’s your boss, the VP of Maintenance and Engineering, and he’s unhappy about the current spending.

He’s beginning to feel the pressure from your CFO.

Repair costs have doubled and they're now taking more time to process, meaning more people must get involved.

How To Overcome Your Asset Repair Issues & Kickstart A Better Repair Strategy

How To Overcome Your Asset Repair Issues & Kickstart A Better Repair Strategy

Do you feel overwhelmed having to manage your aircraft component repair process? 

You deal with hundreds of assets, dozens of MROs and the logistics that has to happen to and from your MRO partners. 

And that’s just the beginning. You then have to approve, deny, or cry over the work order quotes you receive. Hoping. Pleading, that nothing was overlooked. 

It’s a complicated process. You have to notice all the small details, ask questions, and trust the partners you’re working with. 

And maybe this situation sounds all too familiar to you...

Why Your Material Assets Eat Away At Your Bottom Line

Why Your Material Assets Eat Away At Your Bottom Line

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.

How To Properly Scrap A BER Aircraft Part

Have you ever scrapped a BER aircraft part? [CLICK TO TWEET] aircraft-part-scrap

You probably wonder what the MROs procedure is to properly “scrap” it.

Or more likely you wonder if they actually scrap it.

Questions race through your mind like what piece parts did they keep, did they turn around and sell the BER core for a small fee, what exactly happened to your unit?

These questions are normal.

It’s common for MROs to have a field day on your piece parts and that's why we created this video for you:

Properly scrapping an aircraft part

Getting rid of a BER aircraft part is easy.

Best of all you get to keep the good piece parts.

In this short video we show you one way to get rid of your BER unit.

Check it out:

As Skylink’s professional actors, Alex, Colin, Ron and Mark show you smashing your unit is an effective way to scrap your BER part.

Or you can cut it in half, burn it, melt it, soak it, or whatever option you chose as long as there’s no possible way it will ever be returned to service.

The best part is, you’ll relieve all sorts of aviation stress.

This is one reason we have partners from large national airlines to small regional operators taking advantage of the value we create in our repair program.

We know how to scrap, we know the value in piece parts and we know how to relieve stress.

Did you enjoy this video? Do you wish you could relieve stress like this? Comment below.

Why Your Material Assets Eat Away At Your Bottom Line

Not long ago having a lot of inventory common. It was "smart", right and the industry norm. You had something when you needed it...if you ever needed it.

Aircraft Asset Management.jpg
Aircraft Asset Management.jpg

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.

We opened up various airline and MRO client financials and calculated furiously, Albert Einstein style. I tend to think him and I as one of the same, but anyway...

The financials argued against everything that was industry norm. Insurance premiums continued to soar, warehousing and distribution costs were at an all-time high, and overhead was out of control.

Carrying costs were clearly not in the best interest of our airline and MRO clients. 

Are you losing your ass-ets?

Inventory is necessary but excess is a sin.

Excess is overspent, unwanted surplus that you have no control over. It’s a blood sucking insect that is more of a pain than it is a benefit.

According to "Production Spare Parts: Optimizing the MRO Inventory Asset" they state some sobering facts:

  • In a typical production plant, about 30 percent of the spare parts sitting on shelves are unnecessary.
  • More than 60 percent of all stocked spare parts have not been used in three years.
  • About 35 percent of all spare parts are critical to operations and not easily attainable with short lead time.
  • Between 10 and 20 percent of the parts account for 80 percent of the total inventory value.
  • Annual carrying costs associated with spare parts is between 20 and 25 percent, meaning the cost to a company of every spare part stocked doubles in four to five years.

Manage your assets the right way

Finding ways to avoid carrying costs is easy, but implementing them is a chore. 

It takes a planned strategy and proper support.

Here are a few ways we recommend for you to manage your aircraft assets and bottom line:

1) Streamlined Distribution: Procurement for aircraft checks will encounter bottlenecks. Talk with your trusted material advisers during this process and organize maintenance check material distribution strategy.

2) Vendor Managed Inventory: The JIT strategy benefits are low inventory, low wastage, high-quality production, and increased up-time. It reduces carrying costs and the effort into having to repurchase common material.

3) Repair management: Recycling your inventory through MROs is mandatory but dealing with the mess having to manage MROs is another story. A repair management program will do all the work for you. It'll save you a lot of money on freight and processing costs. 

4) Asset management: Whether you have surplus or you're slowly building the unwanted dust an asset management program will help you liquidate your surplus material. You'll recapture the lost capital tied up into your inventory. Or if you have an end of life aircraft consign it to a reliable party so they can tear it down and sell the assets. You'll have thousands of profitable spare parts generating revenue for you while keeping a depreciable asset.

Focus on stocking enough for minimum requirements and adopting new strategies for streamlined distribution. You owe it to your  bottom line. And stop losing your ass-ets. 

Need to sell your surplus?