, Author at 精东影业 Aviation news Wed, 10 Apr 2024 11:38:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 /images/cropped-logo-sm-32x32.png , Author at 精东影业 32 32 Supply chain and aftermarket insights with Locatory.com CEO, Toma Matutyte /articles/aviation-supply-chain-and-aftermarket-insights-with-locatory-com-ceo-toma-matutyte /articles/aviation-supply-chain-and-aftermarket-insights-with-locatory-com-ceo-toma-matutyte#respond Wed, 10 Apr 2024 08:31:04 +0000 /?p=94216 The aviation industry operates within a complex global supply chain, comprising various entities, processes, and resources. This intricate…

The post Supply chain and aftermarket insights with Locatory.com CEO, Toma Matutyte appeared first on 精东影业.]]>
The aviation industry operates within a complex global supply chain, comprising various entities, processes, and resources. This intricate network involves sourcing raw materials, fabricating aircraft components, managing logistics, or conducting maintenance, repair, and overhaul (MRO) services.听

Aviation aftermarket services encompass a broad spectrum of activities, including MRO services, spare parts provision, component repairs, and technical support. These services are delivered by specialized entities such as original equipment manufacturers (OEMs), independent MRO providers, and suppliers.听

Platforms like serve as vital hubs within the aviation supply chain ecosystem. Locatory.com effectively brings together multiple stakeholders, including OEMs, MROs, airlines, and suppliers, providing a centralized platform for streamlined collaboration, procurement, and exchange of aviation-related services and products. By consolidating these players into one cohesive hub, Locatory.com facilitates smoother operations, enhances efficiency, and fosters synergies across the aviation supply chain.听

Toma Matutyte, Chief Executive Officer of Locatory.com

Locatory.com was established in 2010 as an aviation marketplace with a wide range of aircraft parts and repair services that cater to commercial, OEM, MRO, military, and general aviation segments. Today, the platform boasts over 20,000 users, and is the preferred choice among distributors, traders, and MRO professionals, making up 71% of its user base, all while holding an inventory of over 100M unique civil and military line parts. 听

Locatory.com is also a subsidiary of鈥, the world精东影业 largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, with a fleet of 212 aircraft, and a parent company of SmartLynx, Avion Express, Bluebird Nordic, BBN Indonesia Airlines, KlasJet, Magma Aviation and more.听

In an 精东影业 interview, Toma Matutyte, Chief Executive Officer of Locatory.com offered insight into the global aviation supply chain and growth of the aircraft aftermarket. She detailed the company精东影业 focus on improving its platform efficiency and adding maintenance and manufacturing slots to its platform.听

Matutyte noted that Locatory.com expects to further its integration of Artificial Intelligence (AI) solutions to its platform, backed by the growing influence of data and digitalization in the industry.听

鈥淲e have more opportunities to implement digital solutions,鈥 Matutyte said. 鈥淭hese solutions will allow us to do much more with our systems.鈥澨

As the aviation industry continues to embrace technological advancements and expand its global reach, Locatory.com remains poised to play a central role in shaping its future. With a clear vision of helping market players to further optimize their operations and excel in streamlining procurement processes, while, on the part of Locatory.com, further enhancing efficiency, providing exceptional customer service, and fostering a vibrant community of aviation professionals, it精东影业 a platform which will undoubtedly continue to drive the industry forward, fostering growth and success for years to come.听

The post Supply chain and aftermarket insights with Locatory.com CEO, Toma Matutyte appeared first on 精东影业.]]>
/articles/aviation-supply-chain-and-aftermarket-insights-with-locatory-com-ceo-toma-matutyte/feed 0
How to optimize AOG parts availability amid supply chain crisis? /articles/how-to-optimize-aog-parts-availability-amid-supply-chain-crisis Fri, 30 Jun 2023 12:43:33 +0000 /?p=77251 Due to the failure to effectively address unscheduled maintenance events known as Aircraft on Ground (AOG) situations, the…

The post How to optimize AOG parts availability amid supply chain crisis? appeared first on 精东影业.]]>
Due to the failure to effectively address unscheduled maintenance events known as Aircraft on Ground (AOG) situations, the aviation industry has been grappling with significant losses in potential revenue, estimated at a staggering $6 billion annually. With ongoing global supply chain disruptions in the post-pandemic environment and the unavailability of spare parts and components, the industry faces formidable challenges that place OEMs (Original Equipment Manufacturers), airlines, and aftermarket service providers at a high risk of losing even more potential revenue.

The impact of AOG events on commercial aviation during the summer season, resulting in missed opportunities, is highly significant. Managing such situations adds unexpected pressure, further exacerbated by the prevailing difficulties in the supply chain. But how long will it take for the industry to overcome the supply crisis? And is it possible to minimize aircraft downtime during the peak demand period despite the current obstacles in spare parts and component supply?

How long will the supply chain crisis last?

While airlines eagerly anticipate new aircraft deliveries to increase capacity and fulfill existing flight bookings, manufacturers grapple with workforce shortages, material scarcities, and global shipping bottlenecks. The major European OEM company Airbus estimates that supply chain delays are projected to persist in the industry throughout 2023 and potentially extend into the early months of the following year.

In comparison, its competitor Boeing has a more worrisome projection. According to the US-based manufacturer, the supply chain will continue to pose challenges in new aircraft deliveries for an extended five-year period until 2028. To compensate for delays in new aircraft arrivals, some operators have reviewed their aircraft retirement plans. However, the issues related to parts and component supply during unscheduled maintenance events remain unsolved.

Optimizing AOG parts and component availability

The restoration of supply chains will likely span several years, resulting in prolonged lead times for aircraft spare parts and components in cost sensitive AOG situations. Therefore, it is beneficial to review and update key strategies dedicated to enhancing parts availability.
According to Toma Matutyte, the CEO of Locatory.com, operators are strongly advised to constantly diversify their supplier pools by engaging multiple marketplaces, both domestically and internationally, while placing a greater emphasis on modern global platforms. Such an approach should mitigate the impact of potential disruptions or delays in parts arrival during high-season aircraft grounding.

“In the face of persistent global supply chain disruptions, the aviation industry must prioritize optimizing spare parts sourcing to minimize revenue losses and reduce the risks associated with AOG situations. Building strong supplier relationships, diversifying the existing supplier base, and leveraging data analytics are key proactive measures to be taken for the industry to navigate through the supply chain crisis and ensure uninterrupted operations,” explains Matutyte.

The post How to optimize AOG parts availability amid supply chain crisis? appeared first on 精东影业.]]>