Register to view this On-Demand Webinar (recorded 17th September 2020) and join the digital maintenance experts at Ramco and DA Aviation for an excellent chance to see the latest developments in rotables pooling / spare parts optimization solutions, and inventory management. During the Webinar, Ramco experts will take you through demos of their latest solution (V5.8.9) developed specifically to address Inventory Technical Management. As you will see the solution leverages advanced technology such as AI, ML and Smart Automation to provide airlines, aircraft operators, MRO facilities, parts traders and pooling providers with the necessary tools and data needed to ensure they have the right spare part, at the right place, at the right time and at the right price.
The Webinar begins with an outline of the significant spare parts optimization / rotables pooling challenges, such as uncertainty of demand, the cost trade-off between excessive inventory vs. aircraft down time, how to identify when to order new parts and at what price, and more. You will then see software demos showing how the solution provides key staff with real-time inventory management visibility using configurable KPI and dashboards; how to reduce direct inventory maintenance cost, reduce holding / storage costs and, in the case of MROs and parts providers, improve fulfilment of service levels.
During the Webinar the system demos will show the advanced functionality and the following key benefits:
- System Demo 1: Reduction of Direct Inventory Maintenance Costs:
You will see how robust supplier contract management helps in managing the contracted price list along with its warranty and supplier performance KPIs. Unserviceable items received are automatically screened based on parameters like Float, Warranty etc. You will see how the solution Leverages AI/ML for recommendation on hold or repair or long-term parking and also on best repair agency based on the location, work scope and price parameters.
- System Demo 2: Reduction of Inventory Holding Cost:
Next you will see how the solution manages interchangeability between parts and managing the part family. As you will see, advanced component reliability tracks parts, determining and optimizing the pool standard parts. You will see how the rotable inventory optimization module provides optimum float requirements using advanced algorithms.
- System Demo 3: Improved Fulfilment of Service Levels
Finally, for MRO facilities and spare parts providers, you will see how to leverage next generation customer contract management to manage the global pools and its beneficiaries, their specific parts scope, service level agreement terms for serviceable part demand fulfilment and unserviceable core return from the customer. You will see how smart demand screening filters the demand into that which needs to be automated and that which needs manual intervention due to being out of scope. Finally, you will see how advanced allocation strategies accelerate picking of the right serial #, considering the customer’s requirements like Airworthiness Certificate type, age, Remaining life, etc.
Webinar Agenda:
- Introduction to Ramco and their latest software release
- An outline of the spare parts optimization / rotables pooling challenges
- System Demo 1: Reduction of Direct Inventory Maintenance Costs
- System Demo 2: Reduction of Inventory Holding Costs
- System Demo 3: Improved Fulfilment of Service Levels
- Questions and Answers
About the Aircraft IT Webinar Series:
Every 2 weeks the Aircraft IT website hosts a different live Webinar, each Webinar hosted by a different IT Vendor. These sessions represent the perfect opportunity to learn about a software solution in a more informal manner and to quickly gain an in-depth knowledge of all the major systems on the market, all from the comfort of your own office or home with no sales pressure.
The IT vendor provides a live software demonstration/masterclass of their solution and explains how it can benefit airlines, MROs, Operators, OEMs, Leasing Companies. Once logged on, online delegates can ask questions via the interactive sections of the Webinar or simply sit back and watch and listen to the demonstration. There are two sessions during the day, each differently times to accommodate all time zones.
Each Webinar session is recorded, and an On-Demand version is then posted back to the Aircraft IT website a few days after the live session to allow you to view the content again with your colleagues. The library of On-Demand Webinar recordings provides an invaluable reference source of MRO software demonstrations from the World’s leading MRO IT Vendors.
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For a full list of On-Demand Webinar sessions Click Here