MRO Suite streamlines and automates procurement and logistics processes through smart contracts and augmentation, the assistant is built on a distributed ledgers architecture (DLT), allowing multiple users to work simultaneously, creating a digital environment where stakeholders can perform their tasks based on their roles.

The smart contract is a cloud-based environment that includes all contractual documents starting from the request for quotation (RFQ) until the air way bill (AWB). The smart contract contains integrated communication channels for real-time collaboration. Users can work from their email or the web-based contract. by working on the web, users gain additional features like interactive documents, 3D parts manuals, and other productivity tools.

RFQ Processing and Bid Management:
MRO Suite focuses on automating the Request for Quotation (RFQ) process and supplier management. This solution enables buyers to send RFQs and suppliers to submit their bids in a secure and transparent manner. The smart contract captures all relevant information, including pricing, lead times, and specifications. This eliminates manual errors and accelerates the bidding process.

Contracting and Transacting:
The MRO Suite also facilitates digital transacting. allowing users to negotiate deals and process transactions , ensuring all terms are recorded and payments tracked digitally. This eliminates paperwork and manual procedures, speeding up contracting times and enhancing financial transparency.

Inventory Publishing and Offer Making:
Additionally, the assistant offers inventory publishing and offer management capabilities. Suppliers can synchronize their inventories into the network, buyers can then be notified about relevant parts matching their purchasing history and fleets, interested buyer can make offers for desired items, creating a smart contract where they can negotiate, transact and deliver. by digitizing and automating these processes, the smart contract infrastructure captures relevant details and enables real-time communication between all parties in the MRO supply chain.

In summary, DLT architecture delivers a digital framework that connects aviation MRO stakeholders for more secure, transparent, and optimized procurement. through digitizing workflows and supply scenarios, MRO Suite aim to accelerate procurement cycles, reduce costs, and unlock new values across supply chains.