As an airline, we all know it’s important to keep spare aircraft parts on-hand in order to minimize AOG situations. And that means you’ve likely done a good job of acquiring inventory in order to keep your aircraft in service.
Yet, there comes a time when those spare parts become obsolete or surplus to your requirements. They become “excess inventory” as we like to say. They’re simply taking up space in your warehouse (and more than likely gathering lots of dust) while not yielding any monetary return!
We understand that it may not make sense to sell those spare parts outright. You want to keep the assets on your books, right? But it still doesn’t make sense to keep those items just sitting on the shelves, not adding any value to your organization (and actually decreasing in market value).
So why not consider a consignment? This can be a “win-win” when it comes to impacting your bottom line and freeing up space in your warehouse.
WIN #1: You’ll keep the inventory on your books until it’s sold.
WIN #2: Gain an additional source of revenue and warehouse space for more desirable components.
Here are other benefits when partnering with Mitchell:
- Receive a guaranteed return on your assets
- Leverage our dynamic and proprietary modeling program that evaluates the true market value of aircraft parts thereby yielding highest price
- Market penetration – access to our global network of airlines and MROs
Contact Mitchell today and explore the best option for your specific requirements.
Let us show you the Mitchell difference!