![]() ![]() A good IT MRO system should automatically pick the current catalog price of the vendor considering the quantity price breaks and enforce minimum order quantity (MOQ) restrictions and completely avoid non-standard package quantity orders. Today, airlines are leveraging EDI transmission of purchase orders using SPEC 2000 capabilities of their IT MRO system. The MRO IT system of airline operators should be capable of reading this information and update the relevant Part price list of the vendor and use this seamlessly in the downstream procurement process. ![]() This information is available in data (.txt) files hosted from the vendor or the industry association for downloads by the airline operators. ATA 200 establishes a standard Integrated Data Processing System designed to streamline supply chain transactions within the air transportation industry. Relief comes in a way of the parts supplier publishing the entire catalog price list periodically in ATA 200 / SPEC 2000 format. 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. RFQ based ordering increases the procurement TAT and can be used only when sufficient lead time is available. Moreover frequent changes to the pricing make it difficult to maintain current and updated price list.Ĭonventional 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. ![]() The volatile prices make the purchasing process of airlines inefficient, leading to exceptions and creating financial problems for the operator. Vendors keep changing the prices regularly and these are often decided based on the lead time demanded and the proprietary nature of the part. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |