How a Lessor Achieved over $1.9m in Savings A330 Parts Procure Support Programme with STS

Total Savings

$1,9m

Advanced Exchange per MSN

48

Number of Orders

2,515

Number of Venders

68

Parts Procurement Support for 5 x A330 Aircraft

Overview:

In early September 2023, Shannon Technical Services (STS) was engaged by a leading lessor to provide materials procurement support for 5 A330 aircraft across Europe and China. China was a new market for the lessor so this was an important reason they looked for external support, in addition to the high volume of parts that would be needed on this project. 

Key Challenges Faced:

STS Solutions

Results Achieved

Across the programme we delivered over $1.95 million in cost savings on a managed parts spend of $12,551,291. We actioned 2,515 orders with shorter RFQ to PO cycle process times via our streamlined parts procurement software. A structured advance exchange strategy, including 48 transactions, protected the schedule, improved repair turnaround adherence and kept availability high. Clear reporting gave stakeholders a single view of progress, risk and spend, and the programme finished on time and on budget.

 

 

STS Approach and Differentiators

Our edge is a people plus platform model. A seasoned remote project lead and on-site materials coordinators are supported by a procurement engine that learns from historic pricing, enabling rapid multi-quote sourcing and stronger negotiations. We combine global vendor reach with a proven exchange playbook and tight spend governance that is transparent and audit ready. Operational resilience is built in through alternates, AOG pathways and customs preparation, while a single communications channel with our Shannon hub keeps decisions quick and aligned.

 

STS, a trusted extension of your materials procurement team,
on-demand when you need us.

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