Strategic Sourcing
Optimised repair placement, reduced repair cost and lower TAT
Key Elements of Sourcing Project
Value Proposition
- Market knowledge and sourcing expertise – $500M successfully sourced in last 5 years.
- Exceptional sourcing platform, competitive bidding process, and powerful data analytics.
- Savings versus the airline’s benchmark typically range between 15%-20+%
- Option to utilise Airinmar’s Cost Oversight service going forward to ensure contract compliance and realised savings.
Services
- Airinmar offers a wide range of Strategic Sourcing services, from large consultancy projects, covering hundreds of component parts, to complex high-value components, such as thrust reversers, APUs and engines, as well as Consumables and Expendables.
- For medium-large sourcing projects we utilise a bespoke online sourcing platform (“AIRSOURCE“), which we have tailored specifically for aviation component RFIs/RFPs. The system’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.
- A key differentiator of our service is the utilisation of our in-house engineering expertise and extensive repair data records to assist in part number cost benchmarking, and the review and validation of bidder pricing.