You’re in defensive mode, protecting what you have left. Your operation is seeking to survive. There are strategies you’re executing to survive; the most significant is protecting your cash position.
4 Lessons For Difficult Economic Times
It's a difficult time, but in these times we can learn incredible lessons. Don't be a bystander to problems. Learn from them, grow, and become stronger. Here's how.
How Much Is Your Aircraft Part Inventory Costing You?
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.
3 Ways To Evaluate Your Suppliers During A Crisis
Now’s a great time to reimagine everything you once did. One of the most significant areas that deserve your attention is your current aircraft material partners.
How To Decide What Strategic Partners To Invest In
Companies are making hard decisions to survive. They're taking a near term approach, so they don't go bankrupt. Surviving is on all business executives' top list. How one company survives may cause another to close its doors. It's never an all or nothing approach to survival…besides; cash is king.
The Lessons Learned From A Failed Aircraft Maintenance Check Plan
Have you ever tried juggling the various demands of aircraft c-check? You secretly whisper yes while you think of the dreadful memories. The good news is you're not alone. I worked with an aircraft maintenance customer who seemed to be living large under the umbrella of a large commercial airline. With various Phds on staff to fine-tune their forecasting methods, things seemed under control, until... Budgets began tightening.
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.
How You Benefit From A WOW Experience When Purchasing Aircraft Parts
A WOW experience develops trust.
There's a saying that everyone hates being sold to, but everyone loves buying.
The problem with being sold too — it's often with selfish intent. There's no value exchange.
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.
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.
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.