Distributor of Aircraft Parts Manufacturer

While the FAA does not regulate distributors directly, it does accredit their quality systems to ensure the parts they sell are of the quality they state they are. Accredited distributors also adhere to the stringent requirements of AC 00-56.Parts purchased under CFR 14 are responsible for their safety and performance, so utilizing AC 00-56 compliant distributors will minimize the risk of improper installation of non-certified aircraft parts.

Allocated and End-of-Life Product Procurement

The Department of Defense defines “affordability” as a critical element in acquisition. Moreover, this term is used to describe a product’s lifecycle.

From the vendor’s point of view, end-of-life means that the product will no longer be manufactured, marketed, sold, or supported. However, it is important to note that end-of-life product support continues to be needed to keep the product in use once it is retired.

Obsolescence Management

The process of obsolescence management is a critical component of product life cycle management for manufacturers, distributors, and service providers of aircraft parts and services. To implement obsolescence management, companies should develop and apply a comprehensive strategy that addresses the risk associated with the life cycle of their products.

This process should address all phases of the product lifecycle, from the concept of obsolescence to its maintenance and support. The term “product” can refer to any capital goods, infrastructure, consumer durables, and software.

Obsolescence Management for distributors of aircraft components and services requires a systematic approach that identifies acquired products, reveals predicted obsolescence dates, and highlights current life cycles.

The program can also identify components and suppliers and implement additional controls, such as redesigning the product to avoid obsolescence. It can save the company from costly downtime and unnecessary rushes into upgrades. It also minimizes customer service problems.

The solution should be comprehensive enough to cover all aircraft component obsolescence scenarios. Vantage Components provides a state-of-the-art solution with unparalleled service. Vantage Components depleting manufacturing sources management process loads a customer’s systems with instant obsolescence identification, impact analysis, and solution options. It also allows for real-time component status, procurement, and early warnings of obsolescence.

Active Product Cost Savings Programs

In addition to reducing cost per part, an SSP helps you manage inventory. This strategy reduces inventory, leverages existing supply chains, and decreases training and other costs associated with maintaining aircraft parts and services.

These programs also help you reduce costs related to maintenance tasks, which can reduce the damage to aircraft parts and services and the creation of hazardous waste. However, using SSPs will only work if both parties are committed to making changes that reduce costs.

The supply chain is a mystery to most companies, but it affects all groups of an organization. Buyers are charged with ordering parts, and their information, approaches, and tools are typically imperfect. As a result, they may be unaware of part availability, which can result in excess inventory, shortages, and late customer deliveries.

These problems are growing more severe with every passing year, and they affect industries as well. The SSP approach can solve these problems by reducing inventory levels and improving part segmentation.

Bill of Material Evaluation Services and Support

A Bill of Material (BOM) is a structured list of materials needed to produce a finished product. It includes purchased materials as well as manufactured parts. It is important to ensure accuracy as a result of strict compliance with administrative specifications.

A BOM may include the cost of materials, volumes, and lead time. Bill of Material Evaluation Services and Support for distributors of aircraft parts can provide the necessary support to keep your BOMs up-to-date and accurate.

Value Added Services

As the aerospace industry continues to grow and compete for more market share, Value Added Services are becoming more important than ever. By focusing on solutions and services, value-added distributors can provide more than just parts.

They can help manufacturers achieve their goals by reducing lead times, increasing throughput, and delivering higher-quality products. These services can range from wire engineering and assembly to test and logistics support.

Today, 80% of aerospace parts are self-distributed, but increasing dissatisfaction may lead to greater use of aircraft parts distributors. As a result, many OEMs are loath to introduce an intermediary to the customer-supplier relationship. But as the industry grows and more manufacturers seek to improve their supply chain, the role of distributors may increase.

The benefits of partnering with OEMs are numerous. OEMs can provide capital, access to customers, and aggregate distributor spending. In addition, they can reduce procurement costs by aggregating distributors’ spending.

While many parts manufacturers are wary of the impact of these partnerships, there are some benefits to the OEM-supplier relationship. Moreover, Vantage Components can help manufacturers maintain a consistent supply chain.

Asset/Excess Management Solutions

Today’s aerospace & defense companies are moving away from selling service parts and toward Performance-Based Logistics, new digital strategies, and other changes in their operations. Pressure is mounting on this industry to maximize efficiency and control major parts of the value chain. Downtime is costly and can damage aircraft.

Maximizing asset utilization and minimization are top priorities. Fortunately, Vantage Components Asset/Excess Management solutions provide the tools that distributors of aircraft parts and services need to ensure that their inventory stays in the air.

Vantage Components flexible workflow capabilities allow for flexibility, enabling customers to engage the system with minimal effort and further exploit its features. This feature is particularly helpful for companies that are not accustom to using enterprise software solutions that focus solely on finance.

Vantage Components can make the system scale up as their needs change. The system is also flexible enough to accommodate post-deployment changes. Vantage Components provide deep enterprise asset management functionality for all types of assets. By offering deep industry expertise, Maximo supports the management of all asset types.

It also supports advanced asset management activities, including predictive maintenance, reliability-centered maintenance, and condition-based maintenance. It also includes parts management, labor management, and supply chain functionality.

Global Procurement Logistics and Support

Aircraft manufacturers demand reliable, transparent logistics solutions to support their supply chain. Whether it’s ensuring timely delivery of critical parts, monitoring inventory levels, or creating vendor agreements, the logistics providers must be able to respond to a wide range of customer demands.

Fortunately, today’s global aerospace companies have many such partners to choose from. Global Procurement Logistics and Support for aircraft parts and services can help.

If you’re in the aircraft parts business, outsourcing your procurement to a trusted company is the best choice. You can choose from an extensive list of global aircraft parts suppliers and work with one of the most reliable and knowledgeable companies in the industry.

If you don’t have time to do your procurement, outsourcing is a practical, cost-effective alternative. In addition to saving money, these firms can help you improve quality and speed up turnaround time. Whether you’re looking for a replacement part or an entire aircraft, there’s a company for you. Vantage Components is a commercial aviation and defense solutions firm that specializes in the procurement of aircraft parts and services.

Vantage Components provides OEM spare parts and FAA/EASA/TCCA-certified repair services. With decades of experience in aircraft parts procurement, Vantage Components offers reliable solutions for difficult spare parts challenges. You can count on a qualified and fast service whenever you need it.