In the aviation industry, every part and every second count. An error in inventory management can lead to operational delays, increased costs, and safety risks for the fleet. How much confidence do you have in your inventory data? If an error in spare parts management has ever caused a flight cancellation or a delayed repair, this article is for you.
According to ICAO, 70% of aviation incidents are related to human errors. A single incorrect inventory entry can cause operational failures and impact fleet availability.
One of the biggest issues in inventory management is GIGO (Garbage In, Garbage Out). If the data entered is incorrect or outdated, all subsequent decisions will be compromised. This not only affects daily operations but also increases costs and reduces efficiency.
In aviation operations, predictive and preventive maintenance is crucial. A poorly managed stock of spare parts can ground an aircraft due to the unavailability of a critical component. When line maintenance detects the need for a part replacement and it is not available in the warehouse, the impact is immediate: flight schedule disruptions, increased AOG (Aircraft on Ground) time, and escalating operational costs due to last-minute purchases.
To mitigate human errors in inventory management, three key pillars must be established:
To optimize inventory management, SOMA Software has developed the Circular Precision Methodology, based on three fundamental phases:
30% of audit discrepancies come from errors in spare part reception. To minimize these errors, three key strategies are implemented:
Inventory must immediately reflect any changes in the warehouse. To achieve this, it is essential to:
45% of airlines report stock losses due to a lack of real-time visibility. To address this, it is recommended to:
Failing to apply a structured methodology in inventory management can result in:
At SOMA Software, we offer integrated solutions for aviation inventory management, ensuring controlled entry, real-time efficient operation, and continuous monitoring with intelligent reporting.
Don’t let human errors impact your operations! Discover how SOMA can help you improve your inventory management.
Reduce costs, prevent delays, and enhance operational efficiency with SOMA Software. Get a tailored solution for your airline’s inventory needs. Request a quote now and take the first step toward seamless aviation operations!