Typically, in MRO and airline inventory planning, the response to this gap is to develop manual workarounds, which usually give less than optimal results. People work outside the ERP using spreadsheets, tribal and tacit knowledge, and their best subjective judgement, unsupported by any analytical system
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Inventory management for airline and MRO differs from standard manufacturing techniques and is much more complex. We are repairing and keeping serviceable highly engineered, mission-critical assets, as opposed to manufacturing from raw materials and distributing.
Our objective is to provision against forecast uncertainty to deliver a level of service. We are spending to mitigate uncertainty, in an economically efficient manner. Obviously, it does not make economic sense to make these risk-mitigating decisions on a part by part basis in isolation. This myopic approach opens the door to inefficiency and waste.
Armac Systems, a world leading provider of inventory optimization software and consulting services for the aviation industry, is pleased to announce that it has signed a five-year inventory management agreement with Iberia.
Micheál Armstrong, founder and CEO of Armac Systems, will be moderating a panel discussion at MRO Europe 2017, which runs from October 3rd to 5th in London’s ExCeL conference centre.
We are delighted to announce that John Matthews joined our Implementation Consulting team recently. An honors Computing graduate of DKIT, John comes to us with a wealth of implementation consulting experience in the Financial Services, Construction and Engineering business sectors.
Armac Systems is pleased to announce RIOsys Release 9.5 of its award winning inventory optimization software. This release includes significant enhancements to its Consumables and Expendables support, particularly in the area of RIOsys Workbench, which guides the Inventory Planner on a daily basis, identifying what actions need to be taken in order to maintain optimal spare parts in the right locations to meet planned and probabilistic demands to support checks and non-routine maintenance actions.
Many thanks to all our customers, partners and friends who visited our stand which we shared with SR Technics at the inaugural running of the Dublin Aviation Summit.