If you’re a Dash 8 operator, aircraft MRO, or lessor, this post is for you.
This is your go-to resource for the current major Dash 8 components we have available now or in the near term.
Bookmark this page as it’ll be updated often.
Do you have surplus aircraft part inventory?
This unnecessary buildup occurs when you order inventory in preparation for near term consumption.
When that consumption never occurs. Voila! Surplus inventory builds up.
Here’s the impact that this causes to your operation.
It’s not the price you pay, how business savvy you are, or how excellent your negotiation skills are. This is the MOST IMPORTANT skill you need when purchasing aircraft parts.
Your surplus aircraft material was sitting. Rotting. Wasting away on your shelves.
Slowly eating away at your operational results. Chomp. Chomp. Chomp.
Cash was being sucked down the surplus drain. And the only thing you could do was…
Price. How important is it to you? How often do you try and get the lowest price? I’m sure you’re thinking to yourself, “It’s incredibly important.” and “Every chance I get.” And that’s fair. It’s also common to ask how much something costs. Or to reduce the cost of something. We often use price and cost interchangeably. That’s a mistake.
Procurement processes in the aviation industry are complex and multifaceted, involving numerous stakeholders, from suppliers to airlines to regulatory bodies.
Email scammers are attacking our clients, demanding payment.
Their persistent, rude, and sneaky. They've become smarter, making emails and PDFs look like companies they're trying to imitate.
As the scammer's emails to our client went ignored, their frequency and intensity increased.
Our client became concerned and notified our Dedicated Account Manager because the emails and invoices looked exactly like ours. The only difference was one letter in the email domain.
Sneaky!
So, as a precaution, I sent out an email to all our customers, warning them of the issue. One particular customer replied and said they were recently frauded out of $6,000 through a similar situation (not from our company).
If you haven't been on high alert yet, don't wait; now is the time to get more aggressive to protect your company and clients.
Duh, right?
But we often get so stuck in the day-to-day, and we miss simple security settings in our technology stacks.
First, whatever platform you use, whether Google Workspace, Microsoft Teams, or any other, increase your security settings.
Sure, some good emails may get stuck in spam, but it's worth it. And when you see scammer emails, make sure to flag them as "phishing" so your software can learn about the attacks.
Then, make it a habit to regularly remind your team not to click on any links or download PDFs from people they don't know.
It's also critically important you alert your bank of any possible issues. Secure your bank accounts with better passwords and have your bank rep add access codes to all your accounts.
As a precaution, we've taken the following steps as a company:
First, we alerted all our customers that our banking details have not changed and to not pay any company requesting payment to a new bank account.
Additionally, we've put alerts on all our accounting team's email signatures and invoices:
"ALERT:
There is an increase in scammers requesting wire transfers to non-affiliated bank accounts.
Please only make wire transfers to the bank account details you have on file, as we haven't changed any of our bank account details.
All official company emails will come from an @ name.com email account."
This isn't just an issue about customer payment.
We're also the ones being targeted. Some team members get a few scammer emails a day, which end up in spam due to our email security settings requesting payment from vendors.
Notify your accounts payable teams not to make any payments from email demands to new vendor bank accounts.
They should call the vendor using the phone number stored in your ERP or accounting software to confirm payment details when in doubt.
It's also an excellent company policy for your Account Payable procedure always to have multiple controls where one team member schedules payment and your controller or CFO is the only one who can release payment.
Complaining won't solve the problem, but being smarter than the scammer will.
It's a difficult time, but in these times we can learn incredible lessons. Don't be a bystander to problems. Learn from them, grow, and become stronger. Here's how.
This article was first seen on NateAnglin.com. To see original article, click here. At the end of every day, you sit and stare at your computer screen.
We see it in our daily shopping habits. Toilet paper, electronics, appliances, coffee (this is the best kind by the way), you name it. And it gets worse the more complex the sales. More options, higher priced contracts, and more at stake.
I see it at Skylink. We'll need to buy a $15,000 part and we send an RFQ to 25 companies. We know there's 2-3 on that list that are our preferred suppliers who have proven themselves. The same holds true for our clients.
We were recently apart of a $500,000 a year contract. The person leading our client's project is a friend whom we've got to know well. We've done a lot of business together. We helped create the need for our solution and the proposal. We all earned the trust that's necessary for such an endeavor.
Yet, once the RFP was ready, they sent it to 200 people...on their "email list." I get it. I understand the thought behind it. Yet when the no replies, half-hearted, incomplete proposals come back with cheap pricing... choice overload sets in.
It smacks you across the head. Thump. You go brain numb. You begin chasing the Golden Goose.
It's like what Barry Schwartz says in his Ted Talk (don't mind his shorts!)...
