FORT ATKINSON, Wis., - As MROs are faced with a resource crunch and an ever-changing supply chain while trying to supply customers efficiently and cost-effectively, they are increasingly turning to new tools and processes to transform their organizations, Nauman Saeed writes for Airport Business. Continue reading original article.
The Military & Aerospace Electronics take:
Artificial intelligence-backed automation technologies are leading the way towards digital transformation of MROs.
AI ensures that routine parts are delivered on time and at a good price point, which means MROs can keep their operations running smoothly and their customers satisfied.
MROs can monitor lead times and manage the flow of parts and components through the supply chain. By using real-time data and analytics (as opposed to only using historical information), they can identify and mitigate procurement delays while prioritizing the delivery of components critical to meeting customer deadlines.
Specifically, thanks to AI and automation, MROs are able to: ● Connect their M&E systems. to automatically push PNs ● Multi-round source to hundreds of suppliers in minutes ● Automatically consolidate quotes ● Receive recommendations of best quotes based on your business rules ● Automate PO placement to major OEMs & long tail suppliers ● Track POs and manage delays ● Obtain market data insights
Related: Drone-powered logistics provider Swoop Aero partners with Iris Automation
Jamie Whitney, Senior Editor
Military + Aerospace Electronics
