Armac’s MRO inventory planning and optimization solution has been designed specifically to support the requirements of rotable, repairable and consumable inventory of airlines and MROs.
In our work with customers in the aviation sector, we recognised a need for a solution which, in addition to determining the optimal stock levels, would enable policy enforcement through to on-the-ground operations. Our MRO Inventory Planning Workbench bridges this gap by empowering planners to incorporate operational knowledge and rules so that they can make better informed decisions. The result is a world-class MRO inventory planning solution that delivers superior asset management capability, greatly improved cashflow, increased profitability, plus excellent management control.
The benefits gained from the using the solution are proven within aviation.
IBERIA MAINTENANCE, SPAIN
Iberia Maintenance and Armac showcase a 24% reduction in inventory costs through the collaborative enhancement of Armac’s RIOsys DSS (Decision Support) software. Inventory is the most significant cost element of jet engine overhaul and is also the most significant contributor to on-time delivery. Innovation is at the heart of Iberia Maintenance’s supply chain strategy and data led decision making is a prerequisite to drive efficiencies for Iberia and its customers. The collaboration to optimize the inventory planning process has increased material service levels, improving TAT performance, and simultaneously reduced customer costs.
Read the Iberia Maintenance Case Study
Commenting on the project to optimize the use of components from the teardown aircraft to provide spares availability for the remaining fleet. Mr. Pete Reinikkala, Head of Supply Chain Management at Finnair Technical Operations, stated that:
“RIOsys proved to be the suitable solution to enable and optimize Finnair’s inventory sourcing decision making at a critical time for the business.”
“Having the right components in the right location to provide high levels of aircraft technical dispatch reliability is a vital part of our business in Iberia Maintenance. We are excited to work with Armac to deliver increased material availability whilst reducing our Capex and operational costs.”
André Wall, Chief Technology Officer, Iberia
SR TECHNICS, SWITZERLAND
“We consider Armac to be thought leaders in solutions to address the uncertainties and complexities around managing spare parts inventories. Their product helps us accurately plan target inventory levels so that we can deliver best-in-class service to our customers at a 40% lower cost versus what would be otherwise possible with alternative tools.”
Oliver Grassmann, SVP, Component Services, SR Technics Switzerland