Technology

SkySelect’s eProcurement-as-a-Service solution for quicker leasing transactions

EMs are confronted with their own supply chain challenges as they face a long backlog of orders to fulfill.
SkySelect offers 10x faster price estimates and an automated end-to-end procurement process while providing the knowledge and skills needed to procure materials.

This service will resolve the issues of high demand and capacity constraints and increases aircraft lease transition efficiency.

SkySelect has introduced a service that will resolve the issues of high demand and capacity constraints and increase the efficiency of aircraft lease transition. SkySelect’s eProcurement service and technology platform enables accurate and timely lease transitions. Instead of being bogged down by time-consuming manual quotations, SkySelect offers 10x faster price estimates and an automated end-to-end procurement process while providing the knowledge and skills needed to procure materials. This means lessors can execute leases quicker and more efficiently while staying within budget and on time.

Erkki Brakmann, SkySelect CEO said, “We see the importance of lessors within air travel, and we have delivered a new service that will benefit lessors themselves and contribute to excelling the whole ecosystem. Entering the leasing market was a logical next step given their strong presence and value in the aircraft market. With our eProcurement-as-a-Service solution, lessors can transform their aircraft transition services into a quicker and leaner operation.”

As air travel continues to recover, there’s an increasing interest in leasing aircraft, especially given the aviation supply chain challenges created by the COVID-19 pandemic.

Natalja Lagno, Strategic Purchasing Manager at Magnetic Group, commented on the global supply chain disruptions. She said, “OEMs are confronted with their own supply chain challenges as they face a long backlog of orders to fulfill as well as raw material and manpower shortages.”

Facing these increased volumes, leasing companies may not have the internal labor resources, the right skill set, or experience to meet short turnaround times. SkySelect’s eProcurement service and technology platform is the perfect tool for lessors to procure parts for aircraft lease transitions faster than ever.