Inventory Support Services

It has become apparent over the preceding 24 months, that there is a need for organisations to realise the cash value of surplus inventory and reduce the carrying costs of same. Airlines who are rationalising fleet types are typically left with surplus inventory in stores or out at repair agencies and now wish to turn this into cash to support the new fleet type provisioning of tools, equipment and spares.

Lessors who have had aircraft returned that are in a fully paid down and run out condition, understand that the sum of the value of the individual parts is far greater than the amount that a complete and assembled aircraft can be sold. Consequently, IASG has been employed to manage the dismantling of aircraft and the orderly sale of the piece parts of an aircraft including its engines and APU.

Banks and administrators are taking possession of business assets in order to repay creditors and are frequently looking at means to unlock the cash value of the assets in stores, which may not necessarily appear on a balance sheet.

IASG can offer the following services to its clients and works closely to determine the exact needs in order to provide them with a turnkey resolution to an opportunity or problem.

Services Offered

• Review of current stock holdings, usage, certification standard and market value
  
• Analysis and determination of inventory that can be determined as surplus
  
• Determination of an economic sales and disposal plan
  
• Management of re-certification of components to JAA Form One and FAA 8130-3 standards
  
• Establishing high value inventory traceability
  
• Storage and security of stocks in IASG’s warehouse at LGW
  
• Inventory valuation for loan security or balance sheet reconciliation
  
• Inventory sourcing and procurement for start-up and airline expansion

Software

• The latest computer software is used ensuring an efficient response to clients needs

Service

• Skilled staff based in Philippines and USA provide a truly 24 hour interface with the major aviation markets
  
• A dedicated 24-hour AOG desk to deal with your queries at any time, seven days a week

Repair Management

• Repair management on all aircraft components through JAR 145 / FAR 145 approved third party repair facilities
  
• Full quotation on all repair / overhauls for your approval, prior to commencement of work

Component Repair Management

• We spend time and resources locating the best repair cost / lead time combination to meet your needs