The aviation industry is booming more than ever before which brings new trends, new business opportunities and more money to everyone. To handle it, is a real challenge. Can you afford to spend a decent amount of time on doing routine tasks, day by day instead of helping to find the right solution for your clients? Keeping up to client’s expectation you have to optimize and rethink your workflow. Locatory.com team developed a tool which saves your time, reduces errors and gives you plenty of time to focus on customers and closing deals successfully.

There is a simple way to improve the consistency and reliability of RFQ process management, since Locatory.com ERP Transfer moves the RFQs fast and without mistakes to an inventory management system – Quantum Control.

It helps to save business time, eliminates human errors and lets you shift your focus on your customers. It gives you the competitive advantage by improving process efficiency.

The tool identifies the RFQs from email content or attachments and passes it to Quantum Control, it can manage high-volumes of RFQs transfers, reduce human errors, increase and boost efficiency up to 1200%.

How ERP Transfer works?

After receiving an email quote in Outlook there are options how to process it, as a vendor or customer quotation. Once chosen the option, ERP Transfer automatically recognizes and imports all the details into Quantum Control ERP. The part number, quantity, condition and from the email content are recognized by the artificial intelligence, which can also read attachments in Excel, PDF formats.

The tool prefills necessary part number information from Quantum Control system. If the information about spare parts is not found in ERP system, artificial intelligence searches for spare parts in Locatory.com marketplace and imports found details into the Quantum Control. The processes are automated and users can send RFQ directly from Transfer.

Features and benefits of ERP Transfer

Locatory.com was restricted from entering global market for a while with the ERP Transfer. As restriction have been lifted the advantage, in the highly competitive market can be available for everyone. Locatory.com as an IT solution company strives to bring innovative, efficient and creative tools for the customers.

ERP Transfer designed for Quantum Control platform users, which helps for the productivity and usability.

ERP Transfer uses a robust Artificial Intelligence engine which ensures speed and performance without drops. It includes plugin in the email, which automatically identifies and parses part numbers, quantities and conditions from the received emails. It only identifies emails chosen and assigned by the user.

ERP Transfer saves time by prefilling data instead of filling manually, so it means fast RFQ handling and avoided mistakes. RFQs and quotations from your emails can be received in formats: Excel, PDF, ERP Transfer summarizes all in a single form.

Last, but certainly not least, ERP Transfer helps businesses to use labor more effectively and automatically maintain cost, quality and profitability. A direct benefit of using ERP Transfer is improved customer relations as a result of better business processes.

“Locatory.com as an IT solution company strives to bring innovative, efficient and creative tools for the customers. Its goals are to create solutions, that help the customers to work in a new efficient way and redirect attention to their clients” says Dainius Meilunas, CEO of Locatory.com

Anyone working in the business sector understands that logistics can be just as important, if not more important than, strategies. Having the means to send or receive goods efficiently is at the foundation of any well-established business.

This is especially true in the aviation industry. With tight deadlines and ever-changing needs, efficient, reliable shipping is a must for those working with aircraft.

In aviation, online spare part marketplaces are a great resource for finding parts from all over the world.  Most of these marketplaces do not provide shipping options. The absence of shipping options can cause extra costs and time for both buyers and sellers and often leaves both parties searching for alternatives.

Shipping Issues  

Hazardous goods and oversized cargo are two common concerns when it comes to shipping aircraft spare parts. With both hazardous and oversized cargo needing special care finding a shipping partner can be expensive and time-consuming. As most companies do not need to ship items in these categories often, it can be difficult to find competitive shipping rates.

Transfering payments can also quickly become difficult and tedious, especially when dealing with hazardous goods or oversized cargo. Between changing currencies and waiting for payments to arrive, buyers and sellers are often forced to waste resources.

A sheer lack of shipping options also permeates through most online Aviation spare part marketplaces. If a seller on the marketplace does offer a shipping option, normally there will be only one shipping service working with them. Since many buyers have preferences when it comes to shipping providers, one option will rarely fit everyone’s needs. A shortage of options can also force buyers to pay much higher rates. For instance, Locatory.com has found that some shipping services charge 4x more than competitors to transport oversized cargo. If a buyer is given only the option of a more expensive shipping service, it ties the hand of the buyer and difficult decisions have to be made.

Another issue that greatly affects the shipping process is customs clearance. Since it is often necessary to cross borders in multiple countries, the complexities associated with going through customs becomes increasingly more difficult and time-consuming for buyers and sellers. Constantly changing shipping or receiving requirements can cause deals to become complex and expensive quickly.

A New Solution

To close the gap, the online aviation spare part marketplace, Locatory.com is now providing easy access to shipping services by allowing clients to see a wide range of shipping options inside their marketplace.  The company helps take care of everything while working closely with both buyers and sellers throughout the process. Buyers can know exactly when to expect the part and the cost of shipping before they purchase or even commit to purchasing a part. By handling express deliveries, hazardous or oversized cargo, and customs clearance; Locatory.com saves their clients valuable time and money. Along with these new solutions, the company has also simplified tedious payment processing by providing credit or deposit options to their clients. 

Building Trust

To provide the best possible options for buyers, Locatory.com combines numerous tasks into one process. By giving buyers a way to do everything instantly, decisions can be made efficiently.

With a few simple steps, a real-time shipping quote calculator can show accurate and competitive shipping prices for a large variety of globally-recognized shipping services. Shipping orders need only one form and are always easily changeable. After ordering, buyers can track shipments in real-time to the destination, get waybills, and monitor the entire process from start to finish.

Whatever a client needs regarding shipping, partnerships with international shipping leaders allow Locatory.com to offer competitive prices, reduce the shipping costs, and, most importantly, lessen the time spent on additional searches.

In less than 7 years since its launch, from an ambitious IT start-up Locatory.com has evolved into the No. 1 aircraft parts marketplace in the Eastern hemisphere and one of the three largest premium aircraft parts locator companies in the world. In its early days the company provided aircraft parts locating services only; however, since then it has introduced numerous highly successful logistics and procurement solutions, including the latest addition – integrated global shipping services. 

Locatory.com is constantly expanding the list of innovative solutions provided to a growing number of MROs, repair shops, parts suppliers, and airlines. The latest addition to the list of user-friendly and reliable services – secure payment and global shipping – have proven exceptionally appreciated by the company’s clients, especially those who are shipping parts to remote locations across the globe.

Savings can add to thousands of dollars per order

“We have received volumes of positive feedback with regard to new global shipping services provided as an integrated part of comprehensive supply chain solutions on our platform. Most of Locatory.com clients praise the simplicity of use, speedy service and more than reasonable prices for first-class shipping solutions,” shared the CEO of Locatory.com Dainius Meilunas.

According to D. Meilunas, whilst many competitors try to tempt clients by offering low-priced parts, once the shipping costs are added, these seemingly cheap deals often turn into very costly transactions. Meanwhile, Locatory.com provides cost-effective, built in shipping services, which can be used without leaving the marketplace. Not only does it allow clients to see the final cost of parts, but also saves valuable time otherwise consumed by such tasks as locating the right logistics partner, placing multiple orders, etc. “And let’s not forget the actual savings in case of an AOG when every hour spent waiting for the right part can cost tens of thousands of dollars,” added the executive.

Client testimonials

The No. 1 aircraft parts marketplace Locatory.com prides itself on the effort it pays towards analyzing customer business processes and developing innovative solutions comprising standard procedures and services in the marketplace. These efforts do not go unnoticed by an increasing number of aviation market players. According to Egor Berger,  the CEO of the long-standing Locatory.com client AVIASPARES LTD The Russian Trading Company, when it comes to shipping services, Locatory.com team provides excellent and effective customer support right from the initial price offering all the way through to parcel delivery.  Other clients have also provided exceptionally positive feedback in terms of cost-effective and highly efficient shipping solutions. Here are some of them:

“Once again I was happy about the shipping service and price I got on Locatory.com when I was shipping the Cargo from Indonesia (Jakarta) to South Africa (Johannesburg). I could not get the reasonable quote and terms from my previously reliable shipping brokers. Luckily, Locatory.com was eager to help and communicated all the way through the shipping time,” – commented Jimmy Mahlangu, Director of Inala Aviation Projects.

“Locatory.com helps with all my shipping needs. No matter if it is a heavy load, a hazardous material or a small parcel, I am always confident that Locatory.com agents will deal with it in the most professional manner. Quick response, cheap prices, very satisfied!” said Ousmane Ndiaye from the FOREIGN ASSET TRADE INC.

The winning recipe

Every feature on the No. 1 aircraft parts marketplace Locatory.com platform is introduced based on the extensive market know-how and experience granted to the company by its sister enterprises of Avia Solutions Group, a WSE-listed group of company’s comprising MRO, aircraft financing, parts and components supply services, aviation training and other aviation industry solutions’ providers with offices in the USA, the UK, Poland, Serbia, Estonia, Russia, Thailand and Indonesia.

“We have the first-hand knowledge of all challenges and issues faced by various parties engaged in diverse activities within the aviation industry. This allows us to develop innovative solutions which address the most common problems encountered by the majority of market players for years. Our integrated shipping services is a great example of how we approach the development of Locatory.com service portfolio – by focusing on the existing area for improvement and introducing an IT tool which can save time, money and human resources,” concluded D. Meilunas.

New integrated service of secure payment transactions was launched this week by aircraft spare parts and repair capabilities marketplace Locatory.com. Users of Locatory.com platform will receive one more solution to optimize business processes by offering support with their transactions.

A new feature of the marketplace will support customers of Locatory.com with their every payment while making deals with unknown partners or customers from new regions or countries. They can rely on the service for all their transactions. Locatory.com will be giving guarantees, clear rules and details of procedures for customers with their deals.

The service of secure transactions will be carried out by Escrow.com, one of the leading providers of escrow services online. Escrow.com has experience and expertise in offering customers the trust, comfort and higher security for their transactions and serves a wide range of global customers. Online provider operates with such global markets as Ebay, GlobalTradeConnect.com, and National Equipment Register and works with such brands as Autotrader, CNS, FedEx and etc.

“If you have anything of value to sell or purchase online, like aircraft spare parts, you would want to make sure the transaction will absolutely go through. Locatory.com’s partnership with Escrow.com’s provides secure online transactions, without chargebacks, for users of Locatory.com platform”, says Matt Barrie, CEO of Escrow.com.

“Losing of a spare part because the buyer didn’t pay or paying for the spare part which is never delivered happens in some cases and that makes both, suppliers and buyers take a risk. That is why we have chosen to support our clients with secure payment transactions. We want our community to feel safe and warranted about their deals on the marketplace. Escrow.com is one of the leading providers of such services. Moreover, they are offering an affiliate program that could be integrated with our online marketplace to automatically complete for secure transactions through their system”, comments Dainius Meilunas, CEO of Locatory.com.