Technology: A differentiator in the engine MRO game
The aircraft engine market is slowly recuperating from the effects of Covid-19. As per a recent article in Aviation week, Engine MRO market demand will grow at a 4.9% CAGR over the next 10 years, the highest rate of any expense category. It also makes up 46% of total MRO demand over the same period. The demand for heavy airframe maintenance over the next decade is below average at a 1.3% CAGR. Having said that, MROs will be under pressure to cut down costs as operators continue to focus on cutting down maintenance expenses. Under these circumstances, how can Engine MRO companies achieve their 2 important KPIs - cutting down costs and maximizing revenues at the same time? Well, the answer lies in the way Engine MROs leverage technology to improve their processes and eliminate inefficiencies from their operations.

In this blog, we shall discuss the various stages involved in an aircraft engine’s line maintenance, typical challenges they face, and how technology, particularly MRO software and engine MRO software, can be leveraged to address these challenges.
Source: https://www.ramco.com/blog/avi....ation/how-can-engine

 

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Read this blog to know how Engine MROs can achieve their 2 important KPIs - cutting down costs and maximizing revenues, at the same time. Read this blog on Technology: A differentiator in the engine MRO game.

10 Things Aviation Industry Expects From Their Technology Partners
If 2020 is a coin for the Aviation Sector, there are 2 sides to it. On one side, we saw travel bans, parked aircraft, mammoth financial losses, supply chain shocks, furloughs, and job losses. On the other side, we saw companies shifting gears quickly by adapting to the new normal, finding new revenue channels, passenger-freight models, fast-tracking digital transformation programs to achieve excellent profit margins.

I feel a sense of pride in saying that we are working closely with aviation organizations that are on the second side of the coin, by fast-tracking digital transformation journeys. We managed to get onboard 10 new customers in 9 months (since April 202 – from leading OEMs, MROs, Airlines, and Defense contractors like Iberia Maintenance, CHI Aviation, Tactical Air Support to 2 of the top 5 Aircraft Manufacturers, and one of the largest adversary air services providers to the U.S. DoD. I would like to share 5 key takeaways with regards to what the industry is looking for from its technology partners.
Source: https://www.ramco.com/blog/avi....ation/things-aviatio

 

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Be it AI & ML driven Digital Transformation or mobile ERP solutions or a comprehensive Aviation ERP, experts have expectations from their solution partner

Payroll Digital Transformation - Applying The Principles Of ‘Truly Digital’ In Payroll World
InI recently read again one of our whitepapers, which was by Steve Goldberg, an eminent Global HR Tech Adviser, on Becoming a Truly Digital HR Organisation. The “truly digital” part was indeed thought-provoking. The whitepaper crisply defines Digital Transformation and Intelligent Automation and offers a practical framework for the HR to adopt, to become Truly Digital.

It acknowledges that job satisfiers vary widely between individuals and underlines the importance of personalization. The key to unlocking management effectiveness is rich and accessible data. It makes you think about going beyond ESS/MSS and supporting self-managing career plans and continuous/quick feedbacks to employees.

What Should be the Modus Operandi of HR Managers and Executives?
Be it recruitment, training or understanding employee sentiments, to achieve the ideal organisation culture and employer brand – the paper discusses what should be the approach of HR.
Source: https://www.ramco.com/blog/pay....roll/principles-of-d

 

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Digital Payroll, Read the blog to know three powerful ways through which organizations can ensure payroll transformation which includes automation, AI & chatbot assistants.

Top Challenges Faced by Professional Services Industry Today
Tom Deacon, Director, Digital Global Head of one of the largest multinational professional services companies, Turner & Townsend, said, “Professional services firms are struggling to articulate and demonstrate values.” This is true.

The COVID-19 situation aggravated the problems for professional services industries as they strived to maintain a good customer pool, combat cost pressures, focus on skills, billing, etc. Simultaneously, an increase in the competition made it difficult for professional services organisations (PSOs) to direct their attention towards long-term strategy. Instead, short-term goals hogged the management’s time. Let’s take a closer look and understand the professional service industry in brief.

What is the Professional Services Industry?
Professional services industry refers to a business whose core function is to provide particular expertise or service, instead of manufactured products.
Source: https://www.ramco.com/blog/top....-challenges-faced-by

 

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Kunal Kaushal talks about the importance of project management & resource planning in overcoming challenges that professional services companies face today. Read this blog on Top challenges Faced by Professional Services Industry Today.

Why there is a Need for Digitalisation of Seaports?
Seaports form an important and integral role in logistics and supply chains across the world. For they guarantee efficient and safe movement of goods around the globe. When all the other players in the industry are well on their way to using the latest digital technologies, it is imperative for the ports also to transform themselves digitally.

But first, let’s briefly look at the problems that ports are facing. The ports today are facing pressure in the form of constant demand to increase their efficiencies while reducing costs. The ship sizes have increased, the competition has increased, the shipping lines have become digitalised and the government is pressurising the ports to increase throughput with the same infrastructure and more control.

These reasons are why a port should decide to digitalise its operations. Let me give you an easy guide that will help you check the level of digitalisation your port has reached.
Source: https://www.ramco.com/blog/dig....ital-strategies-to-t

 

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Kunal Kaushal talks about the importance of project management & resource planning in overcoming challenges that professional services companies face today. Read this blog on need for Digitalisation of Seaports