One area that deserves attention is your surplus aircraft part inventory. The real cost of carrying inventory is much more than your initial purchase price.
How Much Is Your Aircraft Part Inventory Costing You?
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How To Beat The Daily Aircraft Part RFQ Insanity
Request For Quotes (RFQs) are a necessary evil. When I was speaking to an operator in South Africa, he explained to me how overwhelming his days were. He processed hundreds of RFQ line items every day. His team sent their RFQs to over one hundred people on an email list. I could hear the frustration in his voice.
The One Resource For All Your Critical Dash 8 Component Needs
If you’re a Dash 8 operator, aircraft MRO, or lessor, this post is for you.
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One Huge Reason Surplus Inventory Is Toxic To Your Results
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.
What You Need To Know About Rogue Aircraft Parts
Pulling a component from your aircraft early costs you thousands of dollars and hours of time. It’s frustrating. It’s infuriating. It’s stressful. Your first instinct it’s to “blame” the maintenance professionals who repair these components. That would make it a lot easier if it were always correct. But, it’s not reality. As an operation, you must first acknowledge that you’ll own a part that becomes a rogue or chronic unit.
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The One Skill You Need When Purchasing Aircraft Parts
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.
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It’s best practice to know how much shelf life remaining your o-rings have as you purchase them. To do this, you need to know the type of elastomer used in the gaskets. Once you have that, you can then quickly determine the o-rings shelf life.
How To Easily Source Aircraft Parts
Do you waste hours of your time sending and processing RFQs? This is TIME you’ll never get back! Read this post and we’ll share with you simple ways to source your next aircraft part requirements.