Case Study

Airline Spare Parts

PROBLEM
Airlines manage large inventories of spare parts in order to guarantee near zero downtime of their planes.  Current market prices for these spare parts amount to upwards of 100 times the material costs and lead times can be long and unpredictable, particularly for out-of-production parts.

SOLUTION
Using our platform, airlines can:

• Access 3D designs for spare parts optimized for low weight and high performance
• Scan parts into 3D printable design files
• Produce parts on demand at locations close to their operation and maintenance centers
• Manage the entire spare parts supply chain: selection, ordering, production, payment and delivery of their parts based on smart contracts that only release payment once a set of transparent rules are met
• Store evidence of compliance of parts to regulatory, licensing, and company standards in an immutable digital product memory that can be used to guarantee warranties and track and automate future transactions related to the part (e.g., installation, maintenance, data analysis)

VALUE

• Lower working capital requirements
• Lower inventory production and handling costs
• Automation of financial transactions and production processes