making-the-most“A conventional inventory management plan is usually based on an implicit assumption that nothing goes wrong in the supply chain. However, it quite often does. For instance, supply chains are as vulnerable to natural disasters as any other areas of aviation business. In order to prevent or at least minimize the chance of possible malfunctions in a supply chain it might be worth to review the supply chain management procedures from the perspective of an insurance broker once in a while. Determining the exact spare parts-related needs of a particular carrier and/or MRO provider may not only optimise the speed of relevant processes, but also bring considerable cost savings….”

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