Latest Aviation News MRO & Support AIR FRANCE INDUSTRIES COUNTS ON LOKAD TO MANAGE ITS STOCKS

Air France Industries counts on Lokad to manage its stocks

Léo Barnier
02/11/2017 | 582 words
Air France Industries counts on Lokad to manage its stocks
© AFI KLM E&M
For the last few months, Air France Industries KLM Engineering & Maintenance has been adopting a solution to optimise its inventory, in partnership with the small French company Lokad. This fully-online application provides fine part and component stock management from statistical analyses, determining the financial and operational consequences of each investment or disinvestment, thanks to the mass use of data and its processing by cloud computing. This innovation was presented by AFI KLM E&M at its stand at the Le Bourget airshow and at MRO Europe exhibition in London last month.

Simon Schalit, Lokad's Chief Operating Officer, describes their solution as a statistical tool which is slightly different from the usual: "We don't look at the most probable solution, we define how the others are improbable". The solution will then determine a probability for each scenario, taking account in particular of cases of very high or very low demand for certain parts which are the most expensive.

The return on investment is calculated for the purchase of each part, with a link made between the need covered and the cost. "I need to see the relationship between how much a part will get me and how much it will cost me", summarises Simon Schalit. Operational parameters, such as the essential nature of the parts and their impact on the ground immobilisation rate (AOG), their value, their availability or even the differences between repairable and replaceable consumable parts are included in the calculation model.

For Simon Schalit, their solution also enables them to move away from a silo approach. "We can see all the investments in relation to the others. We can calculate them in relation to changes in fleet, amount, constant or descending".

Rationalised stocks

Once these different elements have been integrated and analysed, the Lokad application will provide suggestions to help logistics managers to establish their purchasing or sales priorities across the whole inventory, taking the probable consequences of each decision into account. Simon Schalit is convinced that it is this suggestion capacity which actually generates added value.

Lokad has been able to use AFI KLM E&M's data for the last four years to establish these models. They may be strengthened further with the integration of processing time variability, which will make the statistical environment even more complex.

For Nicolas Kuhn, project manager at AFI, this provides gains in terms of anticipating actual requirements: "Before, we used to react in the heat of the moment. This solution helps us determine our investment and disinvestment requirements". Since autumn 2016, it has enabled the equivalent of 19 MEUR in excess stock at AFI KLM E&M. This figure could reach 27 MEUR by the end of the year.

Nicolas Kuhn can also see other advantages: "One of the most interesting modules is the optimisation of part distribution between the different stores". This takes account of the number of parts available, the potential need in the region, the procurement time and so on.

This partnership has been built in the context of the MRO Lab from 2015. Lokad was spotted during a joint operation with Spairliners, a subsidiary of AFI KLM E&M and Lufthansa Technik (LHT). The Franco-Dutch group then gave the company its chance with the introduction of a one-year case study, which was launched in autumn 2015. This proved the solution's worth and AFI KLM E&M integrated the Lokad solution. The two partners now want to market the solution to external customers.
 
 
 
They made this section possible
 
Related articles

MRO: AFI KLM E&M and GMF AeroAsia sign their strategic partnership

Air France is ready to launch its programme to upgrade its Airbus A330 fleet

AFI KLM E&M steps up a gear on CFM's LEAP

AFI KLM E&M is active in cabin modifications

18/10 MRO: Pratt & Whitney Canada continues developing its predictive solutions
18/10 MRO: JetBlue takes back control of its maintenance costs
18/10 Thales applies predictive maintenance to military electronics
18/10 MRO: AFI KLM E&M and GMF AeroAsia sign their strategic partnership
18/10 Military MRO: How the French government wants to
18/10 Babcock climbs onboard French PC-21s
1 HOUR AGO
AKKA has developped the Supplemental Type Certificate (STC) to integrate GEE's Airconnect system onboard 113 Airbus A320 Family (...)
1 HOUR AGO
MONARCH AIRCRAFT ENGINEERING (MAEL) has agreed the terms of its new ownership structure, with a transaction in which (...)
1 HOUR AGO
SR TECHNICS announced that its Spanish subsidiary has signed a channel partner agreement for wheels and brakes with (...)
12 HOURS AGO
(MRO Europe) AFI KLM E&M has won AIR CORSICA's call for tenders for the C-checks of two A320s. (...)
13 HOURS AGO
Charles Toups becomes vice president and general manager of the new Boeing DISRUPTIVE COMPUTING AND NETWORKS (DC&N) organization. (...)
ALERTAVIA, the News platform for Aerospace and Defense industry Professionals.

Featured Content
AFI KLM E&M steps up a gear on CFM's LEAP
Sabena technics finally gets back on-board C-130Hs
Airbus and Thai Airways to launch a new joint venture MRO facility at U-Tapao
How Thai Airways will Expand Rolls-Royce's Trent Engine Service Network
China embarks on board aircraft recycling
LATEST NEWS   CIVIL AEROSPACE   MRO & SUPPORT   AIR TRANSPORT   DEFENCE   SPACE
Follow us
© 2018 Le Journal de l'Aviation - All rights reserved

By continuing to use the site, you agree to the use of cookies. You can find out more by following this link.  OK  Find out more