Most likely what will prevent you or your business from dominating your market is the failure to recognize the efficiencies provided by the Internet and computer technology. The procurement of aircraft parts can be one of the most inefficient processes on earth if not approached in the correct manner. The opportunity cost associated with searching for parts can be enormous. Some companies just accept the time drain of searching and calling as a normal cost of doing business. These companies will be the ones that struggle the most in the coming years. The search for parts is only going to become more difficult as chips and boards become obsolete at the fastest rates ever. If you can’t find the part fast, the hidden cost of prolonged part procurement will sink you.
Savvy parts suppliers anticipated the need for simplified sourcing systems, and have developed databases and search engines to make sourcing simpler than ever. The key for you is finding these data repositories and leveraging their enormous potential to make your life easier and your company more profitable. Often times, navigating complex data bases via search engines, can be a daunting task for someone...