Inventory Locator Service (ILS)

Inventory Locator Service, marketed as ILSMart, runs an online marketplace and market intelligence platform for the aerospace aftermarket. Buyers use it to find aerospace parts and repair services, and sellers use it to list inventory and reach buyers. The company is based in Cordova, Tennessee.

For buyers, the marketplace lists more than 1 billion parts and services. Buyers can log in directly or through an ERP system to connect procurement with the marketplace. AI and machine learning tools help with purchasing, and the company offers a 14-day free trial and a sample market intelligence report.

For sellers, the platform reaches a buyer community across commercial, OEM, MRO, trader, defense, business and general aviation segments. SalesEdge Commerce is an eCommerce platform that lets suppliers sell directly online. AutoQuote lets sellers quote automatically on items they have priced.

The marketplace also runs an auction platform for parts and inventory. Real-time integration connects the platform with a seller's supply chain system. ILS also offers integration with Salesforce, SAP and Oracle. It combines a vetted marketplace, live market intelligence and web services into one ecosystem.

ILS Intelligence provides market data. The company reports more than $7 billion in parts RFQ value, and 125 countries are represented on the platform. It has more than 29,000 customers worldwide and sees more than 180,000 daily part searches. Customer support is available around the clock.

ILS also serves U.S. defense and Foreign Military Sales (FMS) customers. Its government tools cover obsolescence management, cross-referencing part numbers, asset visibility, forecasting and bridge buys. A brochure for U.S. government and affiliated contractors is available on the site.

Customers quoted on the site include Air France Industries, Kansas Aviation, Aeromax Industries and VSE. Aeromax Industries says AutoQuote lets its sales team stay always on. Testimonials describe ILS as fast and easy to use, with a knowledgeable team.

Services

• Aerospace parts marketplace
• Repair services search
• ILS Intelligence
• SalesEdge Commerce
• AutoQuote
• Auctions
• ILS Integration
• Government and defense sourcing
• Market intelligence reports
• Real-time supply chain integration