
Overcome MRO Supply Chain Challenges in Aviation
Overcome MRO Supply Chain Challenges in Aviation
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The aging global commercial aircraft fleet directly impacts MRO. Older planes require more frequent and thorough maintenance. The average age of passenger jets is increasing, a trend supported by data from the International Air Transport Association (IATA), which tracks fleet age as part of industry analysis (IATA Chart of the Week). This necessitates more frequent inspections, shop visits, a larger and more diverse inventory of spare parts, and puts pressure on turnaround times (TAT). MROs face the challenge of more planes needing more maintenance, and airlines demanding faster turnaround.
The MRO supply chain presents several key challenges:
Technology is improving demand forecasting. Advanced techniques, powered by artificial intelligence (AI) and machine learning (ML), enable more accurate predictions.
Strong supplier relationships are essential in the MRO supply chain. MROs rely on suppliers for timely delivery of the right parts at the right price, at the right time, and at the right location. Effective supplier capacity planning is crucial, involving:
MROs need the right part at the right time, with detailed information on its condition and history. This requires:
The MRO supply chain is vulnerable to various risks, necessitating a proactive approach to mitigation. Supplier risk assessment is crucial, involving:
The aviation MRO industry is at a turning point. The challenges posed by the aging aircraft fleet and increasing demand necessitate a fundamental shift in MRO supply chain management.
By embracing these principles, the aviation MRO industry can overcome current challenges and build a more resilient, efficient, and safe future.
Prakash Babu Devara is Head of Aviation Marketing at Ramco Systems, bringing over 15 years of experience in marketing and branding. With a passion for aviation and technology, he is dedicated to bringing the best of both worlds together to drive value proliferation. Prakash has a proven track record in developing and implementing effective marketing strategies, building strong brands, and driving business growth. In addition to his role at Ramco, he is an aviation blogger and a seasoned public speaker known for communicating complex ideas clearly and engagingly.
Enterprise asset management (EAM) involves the management of mission critical assets of an organization throughout each asset's lifecycle. EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase productive uptime and reduce operational costs.
Enterprise asset management (EAM) involves the management of the maintenance of physical assets of an organization throughout each asset's lifecycle. EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information.
The software helps in effective maintenance of assets through preventive, predictive, shutdown and breakdown maintenance strategies. The system also helps enterprises mitigate equipment risks by enhanced safety standards. The streamlined operations and improved asset performance helps organizations increase their investment effectiveness.
EAM is important because it helps organizations track, assess, manage and optimize asset quality and reliability. Asset intensive Organizations have hundreds, thousands, even millions of assets which needs to be maintained to maximize / optimize life of these assets to increase the return on investment.
The key features of effective EAM are:
Asset Intensive companies under the following Industries :
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