Simplifying aircraft components’ procurement
Since its improvement in 2010, Locatory.com has turn into one of many main premium aircraft components marketplaces on the earth, with the userbase rising 20% every month. With 12 years of market expertise below its belt already, Locatory.com will not be slowing down. The aviation market for aircraft spare components and restore capabilities and a member of the family of Avia Solutions Group, leaders in end-to-end capability options for passenger and cargo airways worldwide, is speaking about its place within the aviation trade and development plans.
“We have been seeing steady growth for a few years now,” shared Toma Matutyte, CEO of Locatory.com. “This increase in clientele interest has been driven by the continuous expansion of our spare parts database. Each month it grows by 15% allowing for a wider variety of parts available. And with cost optimization and sustainability on everyone’s mind, the secondary aviation parts market is becoming an increasingly attractive opportunity. In 2022, we have received 5 times more RFQs (Request for Quotes) when compared to last year and are expecting this trend to continue into the next year.”
As a device for simplified procurement of spare components, Locatory.com is deeply invested within the digitalisation of the method. “Our mission is to connect aircraft parts’ buyers and sellers, through seamless transactions via an innovative platform that enables our customers to find, buy, and sell aircraft parts or repair services in commercial, OEM, MRO, military, and general aviation segments across the globe,” she defined. “We are focusing on innovation and efficiency therefore we have already successfully introduced a range of innovative features to our marketplace. Amber, the A.I.-based assistant, being one of them.”
Running a well-oiled on-line market will not be a simple process, thus having a powerful crew behind you is a should. “We have a really world crew, with folks from over 10 nations sharing concepts and experience in bettering the corporate. We have been steadily increasing by round 15 % every month and there aren’t any plans of slowing down,“ she mentioned.
By maintaining innovation and optimisation as the primary driving components, Locatory.com is continually engaged on maintaining and surpassing the ever-changing aviation trade wants. “Improving spare aircraft parts procurement processes can positively impact the whole aviation industry thus we will continue creating tools to do so,” mentioned Toma Matutyte.