“The ability to predict which parts our customers will need not only gives our customers an advantage; it gives us a big one, too.”
Fort Lauderdale, FL (PRWEB) May 08, 2017
In aviation, downtime is money. Whether it’s a plane that’s not performing any functions while waiting for a part to come in, or it’s overtime pay to get that part installed when it finally does come in, the time it takes to replace parts (from sourcing it at the right price to receiving and installing it) comes with a hefty price tag.
Predictive maintenance for the supply chain, however, is a big game changer. Predictive maintenance harnesses the power of big data to get customers the parts they need when they need them and at the price points they want. Accessing data around certain parts and aircrafts, this data-driven approach is able to predict when a part will be needed.
Clearly, it has the potential to transform the MRO supply chain. Before big data entered the picture, MRO managers were left to beg, borrow or steal to ensure the right parts were available at the right time. The goal was always to keep planes in the air and not in the repair cycle - but without a predictive understanding of which parts would need replacement and when - the goal wasn’t always achievable.
For companies who want a competitive advantage within the aviation industry, tapping suppliers who use big data gives them an edge. From keeping repair cycle time at a minimum to sourcing the best pricing for a part, reliably fast access to spare parts at competitive pricing has the potential to transform operating costs.
Exodus Aviation, a commercial aviation asset manager specializing in Airbus and Boeing parts, uses the Talend software to predict maintenance trends on specific part numbers for a given aircraft and, in turn, orders repairs on units.
According to Chris Santana, Exodus Director of Sales and Strategy, his company saw the potential ROI that big data could bring to customers and jumped on it. “This data-driven approach to parts ordering reduces the mean-time-to-repair while keeping costs down for our customers. There’s a shift happening and it’s about time. ”
Using predictive maintenance, Exodus has the units their customers need ready to go as soon as they need them. No need to park or down the aircraft waiting for a certain part to come in: instead, the aircraft is kept flying and the maintenance schedule isn’t sidelined.
Beyond just having parts ready at competitive prices, customers who use Exodus for parts sourcing are able to better plan ahead for repairs that will be needed and, in doing so, allocate resources appropriately.
“The ability to predict which parts our customers will need not only gives our customers an advantage; it gives us a big one, too.” Santana remarked. “It’s really a win-win...thanks to big data, we are able to offer unparalleled service and pricing that’s made us a go-to within our niche. ”
Exodus Aviation is based in Fort Lauderdale, Florida. The company has met all T.A.C. 2000 Quality Assurance Standards and FAA Advisory Circular AC 00-56B for accreditation. For more information about the company, please visit: http://www.exodusaviation.com.