Understanding Procurement In Aviation Industries

By the end of this training, participants will have a comprehensive understanding of procurement practices and strategies specific to the aviation industry. They will be equipped with the knowledge and skills to effectively plan, execute, and manage procurement activities in the aviation sector. Through case studies, practical exercises, and industry-specific examples, participants will have the opportunity to apply their learning and enhance their procurement expertise within the aviation industry.

CONTENT:

Introduction to Aviation Procurement:

• Understanding the role and importance of procurement in the aviation industry.
• Exploring the unique characteristics and challenges of aviation procurement.
• Identifying the key stakeholders and their roles in the aviation procurement process.

Aviation Supply Chain Management:

• Overview of the aviation supply chain and its components.
• Understanding the interdependencies between suppliers, manufacturers, and airlines.
• Managing supply chain risks and ensuring continuity in aviation procurement.

Procurement Planning and Strategy:

• Developing procurement strategies aligned with organizational goals.
• Conducting market analysis and supplier research in the aviation industry.
• Developing procurement plans, including budgeting and forecasting.

Supplier Selection and Evaluation:

• Identifying and qualifying aviation suppliers.
• Supplier performance measurement and evaluation criteria.
• Negotiating contracts and service level agreements with aviation suppliers.

Contract Management in Aviation Procurement:

• Understanding contract types and terms specific to aviation procurement.
• Contract negotiation and administration in the aviation industry.
• Managing contract variations, renewals, and terminations.

Aviation Regulatory Compliance:

• Understanding aviation regulations and compliance requirements.
• Ensuring procurement activities adhere to aviation industry standards.
• Managing legal and ethical considerations in aviation procurement.

Aviation Inventory Management:

• Inventory planning and optimization in aviation procurement.
• Inventory control techniques and best practices in the aviation industry.
• Managing aviation spare parts and critical supplies.

Cost and Financial Management in Aviation Procurement:

• Cost analysis and cost-saving strategies in aviation procurement.
• Understanding aviation cost structures, including acquisition, operational, and maintenance costs.
• Budgeting and financial forecasting in aviation procurement.

Sustainable Procurement in Aviation:

• Incorporating sustainability considerations in aviation procurement.
• Implementing environmentally friendly practices and green procurement strategies.
• Supplier sustainability assessments and audits in aviation procurement.

Technology and Innovation in Aviation Procurement:

• Utilizing procurement software and technology solutions in the aviation industry.
• Leveraging data analytics and automation for improved procurement efficiency.
• Exploring emerging trends and innovations in aviation procurement.

TRAINING METHODOLOGY:

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.