Aero Inventory Selects Quantum Control to Launch Global Aftermarket Parts and Services Web Store – aeroinv.com

Oct. 6, 2011
The web site will offer 150,000+ SKU (stock keeping units) of readily available stock; 'buy it now' functionality; transparent pricing; and online trace documentation.

SAN DIEGO, CA, October 06, 2011 – Component Control and Aero Inventory have today announced a deal that will enable the launch of aeroinv.com as a leading online ecommerce resource for sourcing aircraft parts. Quantum Control – a world leading technology system supplied by Component Control – will be used by Aero Inventory to launch its web store, aeroinv.com, which will offer 150,000+ SKU (stock keeping units) of readily available stock; ‘buy it now’ functionality; transparent pricing and online trace documentation.

“With the introduction and launch of aeroinv.com, our company has strategically grown from a UK-based ‘bricks and mortar’ operation to a global online aftermarket supplier,” said Collin Trupp, Chief Executive at Aero Inventory. “We chose Quantum Control due to its track record in the industry, and to demonstrate our business commitment by leveraging world leading technology systems. Quantum efficiently handles our inventory, which is the largest and most diverse of any supplier in the sector, and it will meet our market needs as we increase our inventory levels and grow our global customer base. Our goal for aeroinv.com is to provide the largest available inventory, supported by trace catalogs and product images, in a quick and efficient process, with secure online buying functionality, in just three to four clicks.”

Once fully launched, Quantum Control will work in the background to provide a seamless purchase experience that is fully integrated with the warehouse management systems of Aero Inventory’s logistics partner, DHL.

The Quantum Control MRO and Logistics solution delivered to Aero Inventory operates on a highly scalable and secure OracleTM database and includes a range of logistics and business modules. For more information on the specific modules purchased by Aero Inventory, please see appendix one below.

About Aero Inventory and aeroinv.com

aeroinv.com is an aftermarket supplier of aircraft parts supporting airlines, MROs and supply chain specialists alike. With a $350m /150k+ SKU breadth of stock, our web store offers ‘buy it now’ functionality, transparent pricing and trace documentation online, simplifying your purchasing process. For more information, please visit www.aeroinv.com.

About Component Control

Component Control, based in San Diego, Calif., is a leading developer and provider of MRO and Logistics Software solutions for the aviation industry. Its core product, Quantum Control, provides advanced aviation management support to original equipment manufacturers, aftermarket service divisions, component repair and overhaul companies, fixed base operators, aircraft completion centers, airlines, MRO facilities, and part distribution / redistribution companies. Quantum is installed in over 50 countries and can be deployed as a single-site or multinational solution. For more information, please visit www.componentcontrol.com.

Appendix one:

Aero Inventory have purchased the following Quantum Control modules to transform their business:

• StockMarket - an integrated supply chain tool for posting real-time updates of selected inventory and service capabilities to StockMarket.aero. Companies can receive RFQs and send quotes, enable customers to search online for a single item or group of items, and send RFQs electronically without leaving the application. Quantum Control automatically adds the Vendor or Customer information into the company directory while simultaneously recording the transaction.

• AeroXchange integration to StockMarket.aero for receiving and responding to airline customer part inquiries.

• Web Online RFQ enables corporate branding of the StockMarket.aero portal for a seamless buying experience for customers.

• AVREF Catalog System to provide the latest OEM pricing information along with access to Government MCRL cross-reference data.

• Fixed Asset module enables users to flag master parts for depreciation and tracking, and modify transactions such as how the asset is sold, issued to a job or scrapped.

• Contact Manager, a highly configurable CRM (Customer Relations Management) tool that is seamlessly integrated with Quantum Control's entire suite of modules.

• Event Manager for automated reporting, e-mailing and faxing to customers, suppliers and internal users.

• Integrated Accounting, which includes General Ledger, Accounts Receivable, Accounts Payable, and more - all totally integrated with Sales, Purchasing, Repair, Exchange, Work Order and Invoicing modules.

• Integrated Document Imaging and Shipping Manager.

• Forms Designer.