Lists 150,000-part Inventory on ILS

 - August 10, 2011, 10:50 AM

Aftermarket aircraft parts supplier will now be listing more than 150,000 part SKUs worth $350 million on Inventory Locator Service. ILS provides an electronic marketplace that enables subscribers to buy and sell parts, equipment and services. The inventory includes major brands of parts and components for most aircraft models. A spokesman for the company said that by bringing the surplus stock to “the largest business-to-business electronic marketplace” is reaching out to 60,000 airline, MRO and supply chain specialist customers daily. Collin Trupp,’s president, said the company will be launching its “buy it now” program in September. The program is designed to provide transparent pricing and trace documentation online. “Our customers will be able to fast-track the request for quotation process and therefore benefit from a time-efficient and simplified purchasing process,” he said. The Singapore-based company maintains a 70,000-sq-ft central distribution hub and working with DHL provides 24-hour parts dispatch, warehousing, transport, inventory optimization systems and AOG services worldwide. According to Trupp, the two partners have developed a “stringent gateway quality process” that ensures every SKU is inspected and has the correct trace paperwork.