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Procure, sell, and valuate aircraft surplus parts optimally
IATA’s MRO SmartHub is a neutral web-based platform enabling airlines, MRO service providers, OEMs, and appraisers to gain a greater transparency of the surplus aftermarket plus real-time access to fair market values (FMV) for aircraft parts. Airlines and MRO service providers are expected to eliminate 10-15% of their material cost through the use of the platform.
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Modules of MRO SmartHub
Companies Involved
The key benefits of using MRO SmartHub
- Transparency without disclosing sensitive information
- Safe, neutral and unbiased valuation
- Fair market value for parts
- Reduction in material cost
- Maximizing usability of on-hand inventory
- Trading capabilities, incl. exchange, consignment, and auctioning
- True availability of surplus material
- Effortless integration into ERP systems