Introducing Moog assetSOLUTIONS, a simple program for sale of new or used materials or purchase of customer assets, with exchange, lease and loan options. With market competitive pricing, OEM...
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Armac Systems’ RIOsys software uses artificial intelligence (AI), machine learning, advanced mathematical models and cloud computing architecture to help companies optimize inventory planning for rotables and consumables. The software was developed in collaboration with SR Technics’ component services business before being relaunched as a separate entity in 2020. Other inventory planning and procurement systems are unable to adapt to the nuances of the MRO industry—such as varying fleets, routes, maintenance locations and conditions, or parts with a shelf life or which must be held at line stations for insurance purposes—so they often do not reflect true stock levels. RIOsys focuses on transactional data from customers’ existing systems, their planners’ expert knowledge and advanced mathematical models to maximize spare parts availability at the lowest cost. The software is used by customers such as Aer Lingus, Cathay Pacific, Finnair and Iberia Maintenance, the latter of which achieved a 24% inventory cost reduction from its functionality.
View this service at armacsystems.com/solutions/riosys-software
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