Loan, Borrow or Exchange Parts
Aircraft operators routinely enter into pooling agreements with partner airlines to share part inventory. Locating parts in inventory pools, tracking the lifecycle of a loan or borrow, and concluding any financial settlement for the transaction have historically been cumbersome and error-prone activities.
Aeroxchange is not itself a provider or requester with dedicated inventory, but rather provides visibility to the Airline community's inventory holdings and facilitates tracking and managing loan, borrow and exchange transactions.
List and Search with Global Visibility by Line Station
Aeroxchange provides a global view of member's active, serviceable inventory searchable by location for over 500 line stations. A proximity search capability helps locate inventory in close proximity to a required location if the exact location does not provide a match. Member Airlines can list and manage allocated inventory with accuracy and full visibility to confidently maximize revenue from on-hand materials.
Estimating Cost
Aeroxchange helps requestors compare multiple borrow / exchange opportunities based on acquisition time and total cost, including the option of outright purchase of the component. This helps requestors make the best economic decision when managing draws from inventory pools.
Loan / Borrow Tracking
Loan and borrow transactions can be initiated with visibility of prearranged contractual terms and conditions, then tracked with visible message and email flows with attached documentation. Trace records including serviceable parts tags and barcodes are readily available.
Monitoring of inbound and outbound parts can be performed with integrated tracking links to freight forwarders, auto generation of advance ship notices and electronic copies of Proofs of Delivery.
Management Dashboard
A dashboard view of open transactions increases awareness of the current status of loans, borrows, exchanges and purchases. The dashboard provides, at-a-glance, operational alerts, financial details and gives users the ability to review total revenue and cost details as well as compare current financial details to previous months, quarters or years.
Through to Invoice
Invoices may be generated from the Aeroxchange platform and forwarded to counter parties for settlement. Details of the transaction in relation to contract terms are visible to all parties to minimize invoice errors and repudiation.