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The Unique Challenges of Aviation Spare Parts Management
Managing and working in companies within the aviation spare parts industry can be a complicated experience. There are many moving segments in the entire procedure, and with so many pieces being sourced, inspected, and delivered, there's a lot of room for error. Aviation spare parts management often comes across certain scenarios and issues, so the best strategy to prepare for such predicaments is to identify which challenges occur, why they occur, and how to prevent them in the future. Being cognizant of these scenarios will help your department evade them.
Uncertain or Infrequent Demand
When you cannot predict the demand of spare aviation or military parts, you have no guidelines as to how much of a certain part you need to stock and invest in. Every day there are various MRO parts available but if they are not in high demand, the time spent acquiring and maintaining them is time and funding wasted. If you end up obtaining an MRO part for a huge discount, you may not get any returns if there is infrequent demand for the part.
Shrinking Workforce
In spite of overall demand and manufacturing going up over the years, recent data has reported a shortage of skilled workers in the aviation spare parts industry. Part of the problem is that industries do not seem to be implementing new or enough training programs and the current training in place can not seem to keep up with the demand for work requiring skilled labor. In regards to proposed solutions, some experts might say that more skill training should be offered, while others say that there needs to be more implementation of smart automation and machine learning in order to keep up with rising demands.
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