SERVICE
Inventory Consignment Sales
Streamlining Your Inventory Sales with expertise
OVERVIEW
Higher level service delivery and saving expedited freight costs through consignment
services is the prime value proposition of our consignment sales services.
We work with more than 20 airlines across the world in ensuring availability of high demand components and parts in their premises. Our customers will have instant access to new or serviceable parts at their local inventory and will be charged on a “pay as you go” basis.
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3 Mn+Aircraft Parts Deliver
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500+Aircraft Spares Vendors
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250+Airline Customers
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50+Repair Stations
Features and Benefits:
Lower Obsolescence Risk
Suppliers, who generally possess greater marketplace exposure, can
simply and effectively control inventory obsolescence, reducing the
customer's exposure to old or obsolete aviation parts.
Aim for Competencies
Customers could concentrate more on the primary responsibilities of
aircraft maintenance and operations by outsourcing inventory management
to the provider.
Reduced Lead Time
When maintenance or repairs have to be performed, there is no
requirement to wait for aircraft parts to be transported, lowering
aircraft downtime.
Strategic Partnerships
Consignment agreements facilitate greater communication between
customers and suppliers. This may give rise to enhanced interaction,
collaboratively solving issues and an increased understanding of each
other's needs.
Improved Operations
Consignment sales offer quicker availability of essential aircraft
parts, components, and supplies, promoting operational effectiveness and
leading to less aircraft downtime.
Cost Savings
Customers may reduce all of their inventory management costs, including
the possibility of obsolete products, logistics, and storage. So, the
concept of cost savings works best here.
Frequently asked questions
The customer and supplier agree on terms such as consignment period
duration, payment schedules, and pricing. Until the sale happens, the
supplier holds ownership of the inventory. After a sale, the customer pays
the supplier, who may refill the aircraft consignment inventory as required.
The consignment agreement ought to state who is liable for any missing or
damaged items. In certain instances, the customer may be held accountable
for any loss or damage that comes while things are in their control.
Aircraft parts and components are often consigned. Its applicability,
however, depends on elements such as the supplier-customer connection,
inventory turnover, and demand.