What we do
Aero Inventory provides inventory management and procurement services for commercial aircraft maintenance.
We enter into exclusive long-term supply contracts with airlines and with aircraft maintenance repair and overhaul businesses. The contracts specify a defined list of part numbers covering the entire range of consumable and expendable parts used by each customer in the maintenance of commercial aircraft, components and engines.
At the beginning of a contract Aero Inventory typically buys the customer’s stocks of parts.
Frequently used ‘planned’ stocks continue to be stored at our customers’ locations as this is most convenient to them. All parts supplied are delivered with the relevant quality paperwork to meet the standards set by both the relevant airworthiness authorities and the customer.
Right parts, right time, right service
During the term of the contract Aero Inventory is responsible for ensuring that the right parts are available at the right time and commits to service levels, typically an ‘off-the-shelf’ availability percentage for key (planned) parts in the order of 95 per cent.
Our growth has been achieved through winning additional contracts, all of which are similar in nature
As further contracts are won, increasing demands for parts from customers all draw off one enlarged pool of stock which allows us to enjoy more efficient inventory management than is available to any single customer, particularly given the irregular usage of some slower moving parts which is typical in aircraft maintenance.
Benefits to our customers include:
Payment for parts only as they are consumed
Fewer stock outs or shortages, resulting in improved efficiency and shorter turn round times
Elimination of the financial cost of holding inventory
Cash injection from Aero Inventory stock purchase
A reduction in direct costs in those areas encompassed by our service
Better parts usage information
