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...
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.
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...
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.
You'll often hear small talk among your co-workers about how awful turn-around-times (TAT) are. They're a constant headache, almost as much as an AOG.
Believe me, you're not alone.
Let's face it, shipping aircraft parts to and from your facility is vital for your aircraft maintenance planning initiatives. But without a clear plan, money could be leaking out in unexpected places.
Who likes wasteful spending? Not me and I can bet you don't either.
Think about how much you spend and ask yourself how excited you would be if you could reduce this cost by 25%. Is that possible?
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
Here are the notes from the Skylink TV Weekly Brief broadcast for 11/03/17. (You can watch this on our Skylink TV).
In this exclusive interview on “Ask An Expert”, we sit down with former CEO, and current Vice Chairman of Nok Air, Patee Sarasin.
In 2004, Patee never imagined his unique vision for marketing Thailand’s newest airline would land him the role as CEO. But after taking a leap of faith, this advertising executive and gifted musician met the challenge head-on.
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.
Here are the notes from the Skylink TV Weekly Brief broadcast for 10/27/17. (You can watch this on our Skylink TV).