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Simplifying Aviation MRO with ATA 200 Specification

 Aviation maintenance becomes more complex owing to the volatility of prices of aviation parts. Vendors keep changing the prices regularly and these are often decided based on the lead time demanded and the proprietary nature of the part. The volatile prices make the purchasing process of airlines inefficient, leading to exceptions and creating financial problems for the operator. Moreover frequent changes to the pricing make it difficult to maintain current and updated price list.

Conventional way of ordering is to either request for the quote (RFQ) from the supplier, receive the quotes and based on the quote place the order, or look for the current catalog price in the supplier portal and place the purchase order. RFQ based ordering increases the procurement TAT and can be used only when sufficient lead time is available. While the portal based query and raising PO reduces the TAT to a large extent, the challenge is the availability of the latest price for the part in the operators IT system, especially when there is no previous order for the part.

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