Trading aircraft parts, finding repair services, improving supply chain bottlenecks and reducing transaction costs .36krcdn.com / 20200325 / v2_ac5fc9eb799e497dadfda8e112180fcd_img_png “data-img-size-val =” 918,572 “>

“ePlane” official website

According to foreign media , recently, aviation e-commerce companies “ ePlane Finance of US $ 9 million This round of financing was provided by the Japanese trading and investment company Marubeni Corporation Lead investment, other existing investors participate.

“ePlane” is a B2B procurement and business intelligence platform for the aviation parts market and parts maintenance market. is designed to allow customers to trade aircraft parts, find maintenance services, improve supply chain bottlenecks and reduce transaction costs, eliminating the aviation market. Many inefficient phenomena.

For example, the “Autopilot” function of the “ePlane” platform can use AI algorithms to match buyers and sellers based on customer needs, available inventory, past transaction records, and required transaction time. It then automatically sends the buyer’s request for quotations (RFQs) to the appropriate seller, so there is no need for the buyer to manually send each quotation request.

More broadly, the “ePlane” platform has enabled the digitization of the aviation parts procurement process. “EPlane” ensures that the customer’s inventory can be updated in real time by synchronizing the enterprise resource planning (ERP) system.

For buyers, it is convenient to use the “ePlane” smart filter to manually search for parts. Customers can browse pages or upload batch lists page by page, and search at the same time based on the conditions, location, tags, prices, etc. of the required parts. All parts are listed by their serial number to prevent duplication, and each part is accompanied by detailed instructions and photographs, along with all related certificates, vendor notes, and other forms of documentation.

When customers view project details, they can use “ePlane “comparison tool. Gideon Shmuel said that the average price of “ePlane” platform parts is $ 12,000, but some engines on the market can even cost more than $ 2 million. After the buyer decides to purchase, he can contact the seller on the “ePlane” platform to conduct a transaction.

B2B company

“ePlane” official website

In addition to “ePlane”, there are other aviation e-commerce companies in the market, including Monroe Aerospace, Falcon Jet, StandardAero, Turbo Resources, Locatory.com, PartPilot, Honeywell Aerospace’s GoDirect Trade, Jet Parts Engineering, Boeing’s MyBoeingFleet.com, Aviall.com, and more.

Gideon Shmuel said that today, “ePlane” has more than 40 employees, and the platform’s monthly service and parts transactions have exceeded $ 50 million, and about 4,000 companies in the aerospace industry are using “ePlane”. “EPlane” has not yet collected any fees from buyers and sellers, but plans to launch additional services in the future, which may include logistics services, warehousing services, and advertising for suppliers’ products. These services will charge a certain fee.

The aviation maintenance, repair, and operation (MRO) market also has a bright future. “ePlane” said that by 2029, the market is expected to grow to 116 billion US dollars.

For the new round of funding, “ePlane” said that most of it will be used for “ePlane” international expansion to further develop its aerospace industry procurement and business intelligence .