Getting down to brass tacks, the main factor that determines whether you should opt for an IP partnership is whether you have the initial investment funds for spares strategy, procurement and holdings.

Short-term to Long-term material management

When it comes to inefficient stocking policies, one of the most common causes is the reliance on inefficient processes, because "that is just how it has always been."

Initial Provisioning can provide you with an opportunity to improve material management methodologies and ensure that the short-term initial provisioning process extends into positive long-term inventory habits.

Getting an accurate spare part list

The Recommended Spare Parts List (RSPL) is an essential part of the initial provisioning process, and there are some practical considerations when going into the process.

Early life requirements sometimes anticipate higher initial failure rates that will occur, leading to a long term overstocking of parts. Inventory levels are frequently based on vendors' recommendations and are not conscientiously reviewed after commissioning.

The challenge for aircraft manufacturers in drafting an accurate RSPL is to have access to the right information and to be able to test the proposed stock policies for sensitivity to extreme uncertainty in demand rate and resupply time.

Ensuring Success: Planning your Material Readiness Roadmap

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When is Initial Provisioning the right option for you?