Preparation
Agree scope and objectives – collaborative approach
Spend diagnostic to estimate PN cost benchmarks
Development of bid requirements and material
RFP publicised to maximise participating bidders
Request for Information (RFI)
Pre-qualification of supplier’s basic business data
NDA – if required
Supplier advise PNs it wants to bid on
Supplier preferred pricing framework by PN
request for Proposal (RFP)
Supplier completes bid sheets – limited to PNs per RFI response
All fixed price exclusion must be quoted + replacement rates
PN repair type workscope ratios must be quoted (Test/REP/OH)
Multiple feedback rounds + quasi reverse auction process
Evaluation & Selection
Engineering quote validation review of pricing outliers
System algorithms applied to calculate best PN pricing
Systems scenario modelling of airline’s preferences to determine optimised placement e.g. limit suppliers to 100
Award
Option to release placement awards through system
System’s option to request pricing immediately, pre-contract
System ability to issue airline contract T&Cs with auto added attachment of PNs and pricing details
Market knowledge and sourcing expertise – $500M successfully sourced in last 5 years.
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Exceptional sourcing platform, competitive bidding process and powerful data analytics.
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Savings versus the airline’s benchmark typically range between 15% – 20+%
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Option to utilise Airinmar’s Cost Oversight service going forward, to ensure contract compliance and realised savings.
The service’s key features include:
• Streamlined communications and rigid bidder input with auto-generated error reports.
• Comprehensive bidder data entry requirements for accurate pricing and savings assessment versus benchmark.
• A unique leveraged re-bidding process, which maximises competition between the participating suppliers, and increases potential savings.
• Ability to undertake complex analytical scenario modelling of bids, based on the airline’s preferences, to achieve its optimised placement.
• A unique leveraged re-bidding process, which maximises competition between the participating suppliers, and increases potential savings.
The service’s key features include:
• Streamlined communications and rigid bidder input with auto-generated error reports.
• Comprehensive bidder data entry requirements for accurate pricing and savings assessment versus benchmark.
• A unique leveraged re-bidding process, which maximises competition between the participating suppliers, and increases potential savings.
• Ability to undertake complex analytical scenario modelling of bids, based on the airline’s preferences, to achieve its optimised placement.
• A unique leveraged re-bidding process, which maximises competition between the participating suppliers, and increases potential savings.