SkySelect/Procurement AI

SkySelect is a procurement technology company for the aviation industry. It was founded by people from airlines, suppliers and technology, with the aim of automating material purchasing and giving airlines and MROs visibility of their supply chain. The company says it is not an exchange, marketplace or listing service, but a combination of self-service software and full service sourcing.

What it provides

• A self-service platform for end to end procurement automation
• AI sourcing and purchase order optimization for consumables and expendables spend, aimed at saving cost and shortening lead times
• Full service sourcing, procurement and order tracking where a customer wants support from people
• Eprocurement as a service: demand is synced from the customer's maintenance information system, the software gathers and compares quotes, then transmits orders and tracks delivery
• Real time analytics on suppliers and the market, and support for EDI and Spec2000 data standards

How the AI is applied

The software applies the customer's business rules to many part requirements at once and consolidates parts into orders at the lowest overall cost. The company notes that most purchasing volume is made up of lower value parts, which can be bought autonomously, while higher value orders stay with the purchasing team.

Company facts

• Customers: airlines and MROs
• Offices: San Francisco, California; Tallinn, Estonia (+372 687 1155); and Sao Jose dos Campos, Brazil
• Supplier portal, help center and plans pages are available on the website

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