Locatory.com Chooses Ambry Hill Technologies as a Partner to Deliver Integrated Aviation Software Solutions

2024-10-21 / 3 min

Locatory.com, a leading global aviation marketplace, has announced a new partnership with Ambry Hill Technologies, aiming to enhance the way it handles Requests for Quotations (RFQs). The collaboration centers around the integration of Ambry Hill’s advanced RFQ management tool, Vista-Quote, which is aims to significantly simplify the process of managing RFQs using advanced technological solutions.

As an established player in the aviation industry, Locatory.com has built a reputation for connecting buyers and sellers of aircraft spare parts, aerospace products, tooling, equipment, and services worldwide. With a strong presence in over 100 countries, including major global aviation hubs, the marketplace has become a go-to platform for companies seeking fast, reliable access to aviation inventory, spare parts, services, chemicals and consumables, as well as a wide array of other aviation-related assets. Over the past 13 years, Locatory.com has experienced steady growth, making it essential to adopt new solutions that help manage the increasing demand for RFQs across its platform.  

This new partnership introduces Vista-Quote.com into Locatory.com’s ecosystem, allowing clients to seamlessly manage inbound RFQs and customer quotes while staying connected to their Enterprise Resource Planning (ERP) software or legacy database. Vista-Quote’s AI-powered features include Email Recognition and Automatic Quoting, which means it can read and understand even RFQs that arrive via email – including those sent directly from individual buyers. After processing unstructured emails, and further standardizing and organizing them within Vista-Quote,r Locatory.com’s users can easier respond to them in a quick and correct manner.

Additionally, businesses within the Locatory.com ecosystem now benefit from automatic quoting capabilities that speed up supplier responses by quickly generating precise quotes that align with expected pricing requirements. This reduces errors and simplifies tasks that were previously done manually. With these advanced tools, businesses are now able to auto-quote 50% to 80% of their RFQs.

A Cross-Platform Solution with Flexibility

Locatory.com’s clients will benefit from a more efficient RFQ process, as the system can now automatically sort, interpret, and prepare responses for incoming requests. This means less manual work, fewer delays, and more time to focus on what matters most – serving their customers. The result is a streamlined workflow that improves the overall user experience, making it faster and easier for aviation businesses to find and acquire the parts they need.

One of Vista-Quote’s standout features is its cross-platform capability, which, for example, includes a mobile app that allows users to manage RFQs from anywhere, at any time. This aligns with Locatory.com’s goal to offer a flexible, user-friendly platform that meets the needs of today’s fast-paced aviation industry. The mobile accessibility of Vista-Quote means that whether a client is at their desk or on the go, they can access and respond to RFQs effortlessly.

“Integrating Vista-Quote into our RFQ management process means that our clients will experience faster response times and more accurate quotes, which is a huge win for everyone involved,” said Toma Matutytė, CEO of Locatory.com. “We’re always looking for ways to make our platform more efficient and customer-focused, and this partnership is a key part of that effort.”

Additional Help with RFQ Management

Locatory.com has always been at the forefront of adopting new technologies to improve its platform. In addition to the new Vista-Quote integration, the company already utilizes Amber AI, which is its in-house AI tool – to assist the marketplace clients on the either complicated or time-consuming parts and services procurement process. Amber AI processes structured email requests and helps automate quoting tasks, but with Vista-Quote, Locatory.com can now also efficiently manage unstructured, human-created RFQs. The combination of these tools ensures that every type of RFQ, no matter how it is sent, is processed smoothly and accurately.

With the aviation industry’s demand for spare parts and services on the rise, Locatory.com’s adoption of Vista-Quote is another significant move to ensure it is continuing to excel in meeting its clients’ expectations. This collaboration makes Locatory.com one of the most technologically advanced marketplaces in the aviation sector, setting a high standard for others in the field.

Partnership with Ambry Hill Technologies for Building a Stronger Ecosystem

“Our collaboration with Locatory.com offers a transformative solution for the aviation industry’s evolving business needs,” said Ambry Hill Founder and President, Paul Stewart. “By integrating our technologies, we’re not just simplifying buying and selling—we’re enabling businesses to operate smarter, faster, and with greater efficiency towards growth. Locatory.com’s innovative approach aligns with our vision, and together we’re delivering powerful solutions that drive real impact.”

By teaming up with Ambry Hill Technologies, Locatory.com is taking a significant step toward further enhancing the efficiency and reliability of its services. The integration of such solutions as Vista-Quote promises to help Locatory.com offer more value to its clients, putting forward solutions that save time, reduce costs, and simplify the RFQ process.

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Supply Chain Struggles and Engine Maintenance Challenges: Toma Matutytė and Hanna Lavinskaja on Aviation Aftermarket and Engine MRO Trends

2024-10-18 / 2 min

In the latest exclusive interview with AeroTime, Toma Matutytė, CEO of Locatory.com, and Hanna Lavinskaja, Head of EngineStands.com, shared their perspectives on the current hurdles facing the aviation industry. As demand rises and airlines rush to keep their fleets operational, supply chain disruptions and engine maintenance challenges remain top concerns. Matutytė and Lavinskaja offered insights into how the industry is adapting, balancing aging fleets with newer models, and finding ways to stay resilient amidst ongoing material shortages.

In a dynamic discussion with AeroTime, Toma Matutytė, the CEO of Locatory.com, and Hanna Lavinskaja, Head of EngineStands.com, dove into the pressing issues reshaping the aviation supply chain and the intricate challenges of engine upkeep.

“The demand is still climbing rapidly,” Matutytė observed. A statement like that might have once hinted at a period of prosperity, but today, it comes with a note of caution. The aviation industry, still grappling with its post-pandemic recovery, is facing a surge in requests—from airlines eager to maintain their fleets to MRO providers seeking critical parts. As one of the top marketplaces for aircraft parts, Locatory.com is at the center of this increased activity.

The swift rebound in passenger travel has airlines scrambling to keep their planes operational, just as part shortages grow more severe. “With air travel demand outpacing supply, we’re seeing a bottleneck,” Matutytė explained. The delays in new aircraft deliveries have led many airlines to hold onto their older fleets longer than anticipated, creating additional strain.

While supply chain challenges are nothing new to the industry, the landscape is shifting. The MRO sector is feeling the strain acutely, with a surge in demand for engine repairs far exceeding available capacity. Lavinskaja is no stranger to these pressures. “Repair shops are struggling to manage the influx of aging narrowbody engines,” she shared. As airlines look to extend the lifespan of their trusty older models, repair facilities find themselves overwhelmed, even as newer engines arrive for their initial servicing.

Both industry leaders agreed that finding a middle ground is essential. Operators and lessors are juggling the needs of older engines with the prospects of newer, more efficient models. Lavinskaja highlighted that the market for spare engines and leasing solutions has flourished, bridging the gap where downtime meets urgency. “MROs are warning that costs might increase due to supply chain challenges,” she noted, pointing out a tough reality: the shortages that emerged during the early pandemic days haven’t disappeared but have shifted, presenting fresh obstacles for both airlines and maintenance providers.

Yet, she remains optimistic about innovative leasing strategies that can keep airlines moving. With the option to lease spare engines during maintenance, airlines can dodge prolonged delays and keep their schedules intact. “It’s all about striking that balance, helping our clients adapt to an unpredictable landscape,” she concluded.

To read more from this conversation, including further insights from Toma Matutytė and Hanna Lavinskaja, check out the full interview.

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