{"id":47142,"date":"2022-11-22T05:00:36","date_gmt":"2022-11-22T05:00:36","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=102898"},"modified":"2022-11-22T05:00:36","modified_gmt":"2022-11-22T05:00:36","slug":"simplifying-aircraft-parts-procurement-how-locatory-com-runs-a-well-oiled-online-marketplace","status":"publish","type":"post","link":"https:\/\/southafricajournal.com\/simplifying-aircraft-parts-procurement-how-locatory-com-runs-a-well-oiled-online-marketplace\/","title":{"rendered":"Simplifying aircraft parts\u2019 procurement \u2013 how Locatory.com runs a well-oiled online marketplace"},"content":{"rendered":"
\n

VILNIUS, Lithuania, Nov. 21, 2022 (GLOBE NEWSWIRE) — With 12 years of market experience under its belt already, Locatory.com<\/a> is not slowing down. The aviation marketplace for aircraft spare parts and repair capabilities and a family member of Avia Solutions Group, leaders in end-to-end capacity solutions for passenger and cargo airlines worldwide, is talking about its place in the aviation industry and growth plans.<\/p>\n

Since its development in 2010,\u00a0Locatory.com<\/a> has become one of the leading premium aircraft parts marketplaces in the world, with the userbase growing 20% each month. \u201cWe have been seeing steady growth for a few years now,\u201d shared Toma Matutyte, CEO of Locatory.com<\/a>. \u201cThis increase in clientele interest has been driven by the continuous expansion of our spare parts database. Each month it grows by 15% allowing for a wider variety of parts available. And with cost optimization and sustainability on everyone\u2019s mind, the secondary aviation parts market is becoming an increasingly attractive opportunity. In 2022, we have received 5 times more RFQs (Request for Quotes) when compared to last year and are expecting this trend to continue into the next year.\u201d<\/p>\n

As a tool for simplified procurement<\/a> of spare parts,\u00a0Locatory.com<\/a> is deeply invested in the digitalisation of the process. \u201cOur mission is to connect aircraft parts\u2019 buyers and sellers, through seamless transactions via an innovative platform that enables our customers to find, buy, and sell aircraft parts or repair services in commercial, OEM, MRO, military, and general aviation segments across the globe,\u201d she explained. \u201cWe are focusing on innovation and efficiency therefore we have already successfully introduced a range of innovative features to our marketplace. Amber, the A.I.-based assistant, being one of them.\u201d<\/p>\n

Running a well-oiled online marketplace is not an easy task, thus having a strong team behind you is a must. \u201cWe have a truly global team, with people from over 10 countries sharing ideas and expertise in improving the company. We have been steadily expanding by around 15 % each month and there are no plans of slowing down,\u201d she said.<\/p>\n

By keeping innovation and optimisation as the main driving factors, Locatory.com<\/a> is constantly working on keeping up and surpassing the ever-changing aviation industry needs. \u201cImproving spare aircraft parts procurement processes can positively impact the whole aviation industry thus we will continue creating tools to do so,\u201d said Toma Matutyte.<\/p>\n

Vilma Vaitiekunaite
\nChief Communications Officer
\nCell: +37061112789
\nE-mail: Vilma.Vaitiekunaite@aviasg.com<\/u><\/a><\/p>\n


\n<\/p>\n

GlobeNewswire Distribution ID 1000768118<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

VILNIUS, Lithuania, Nov. 21, 2022 (GLOBE NEWSWIRE) \u2014 With 12 years of market experience under its belt already, Locatory.com is not slowing down. The aviation marketplace for aircraft spare parts and repair capabilities and a family member of Avia Solutions Group, leaders in end-to-end capacity solutions for passenger and cargo airlines worldwide, is talking about [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nSimplifying aircraft parts\u2019 procurement \u2013 how Locatory.com runs a well-oiled online marketplace - South Africa Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southafricajournal.com\/simplifying-aircraft-parts-procurement-how-locatory-com-runs-a-well-oiled-online-marketplace\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Simplifying aircraft parts\u2019 procurement \u2013 how Locatory.com runs a well-oiled online marketplace - South Africa Journal\" \/>\n<meta property=\"og:description\" content=\"VILNIUS, Lithuania, Nov. 21, 2022 (GLOBE NEWSWIRE) \u2014 With 12 years of market experience under its belt already, Locatory.com is not slowing down. 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