3 metrics to get right in your rotable inventory ecosystem
The ongoing pandemic dramatically cut the flying hours resulting in lower requirement of parts. Organizations utilized swaps from the parked aircrafts and availability of used serviceable materials to reduce the cash burn. Organizations across the world are rebuilding their rotable inventory management strategies especially with focus on the cost optimization and agility to adopt to changing business models. Incorporating a digital backbone enables organizations to leverage the data and tools to unlock value through digitization and automation.
Rotable inventory management in many organizations still grapples with decoupled systems within organization, decentralized data, manual processing of paper trails, non-standardized adopters to exchange data outside organization, no real-time visibility of key KPIs. Any company that orchestrates an ecosystem will need to address not only business KPIs but also technical considerations to measure and improve the KPIs.
Source: https://www.ramco.com/blog/avi....ation/3-metrics-to-g
