How we do it

Our business model is essentially straightforward and seeks to ensure that the right parts are available to our customers in the right quantity and at the right time. A complex supply chain operates to ensure the smooth running of this process.

Inventory management and demand planning

Using the ever increasing history of parts usage both in our own operations and from customer histories together with data on parts availability and lead times, demand planning models are used to generate the stock profiles. Criteria agreed with each customer determine if a part is ‘planned’ to be held in stock or will be supplied only when a specific need arises.

Procurement

Aero Inventory works with key suppliers to build long-term relationships focusing on providing the supply needed by our customers. An increasing number of long-term partnership agreements are in place with major OEMs and parts vendors.

Purchasing

If not already available in Aero Inventory’s stock, orders to obtain required parts, whether for planned part replenishment or to meet shortages, are sent through to suppliers using Aero Inventory’s proprietary system, Parts Central, and industry standard EDI links. Orders are expedited as needed to ensure that service targets are achieved.

Logistics

Partnership arrangements with expert global third party logistics providers take parts from the source to the end customer location. Consolidation of shipments optimises the flow of parts.

Pricing

Transparent pricing is vital to our customers. Our pricing teams maintain an ever increasing database of prices and histories so that accurate timely information on the cost of parts used can be provided to customers.

Accounts payables management

Aero Inventory takes away from the customer the need to manage the large number of suppliers and transactions involved in having the right parts in the right place at the right time.