Satair sets off for new horizons - Satair.com
Satair sets off for new horizons - Satair.com
Satair sets off for new horizons - Satair.com
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Satair</strong> maps its future<br />
with a strong customer focus<br />
As the world’s largest independent aftermarket distributor, <strong>Satair</strong> is in a strong<br />
position to service its customer and attract the best mix of suppliers.<br />
With more than 25,000 part numbers in stock<br />
and <strong>off</strong>ices and warehouses on all major<br />
continents, <strong>Satair</strong> is already serving all airlines<br />
and most MROs worldwide. The <strong>com</strong>pany<br />
is a key provider of aftermarket services to<br />
Airbus’ and Boeing’s support programs and<br />
runs an advanced supply chain solution built<br />
on a SAP plat<strong>for</strong>m.<br />
In a series of strategy sessions key members<br />
of <strong>Satair</strong>’s management team have spent the<br />
past months <strong>for</strong>mulating a <strong>new</strong> strategy –<br />
Destination 2014. This strategy is focusing on<br />
the next 3-5 years. CEO John Staer outlines<br />
the starting point:<br />
“We are in a favorable <strong>com</strong>petitive<br />
situation and very well positioned towards<br />
customers. We also enjoy strong supplier<br />
relationships and we have a solid and flexible<br />
operational model. This is the foundation<br />
<strong>for</strong> our ambitious growth targets – and to<br />
achieve them we will launch more than 50<br />
<strong>new</strong> initiatives. We are also investing in<br />
<strong>new</strong> capabilities and upgrading the project<br />
organization. The goal with Destination 2014<br />
is to take <strong>Satair</strong> to the next level by<br />
exploiting our strong market position <strong>for</strong><br />
further growth.”<br />
Listen and act<br />
<strong>Satair</strong>’s mission is to be<strong>com</strong>e the global<br />
leader in aerospace distribution services by<br />
exceeding both customer and supplier needs<br />
<strong>for</strong> <strong>com</strong>petitive and innovative supply chain<br />
solutions. COO – Head of Sales Morten Olsen<br />
explains how the team aims to ac<strong>com</strong>plish<br />
this:<br />
“First of all we must listen to the market –<br />
and act swiftly according to what we learn.<br />
It’s vitally important to understand market<br />
trends and work to meet <strong>new</strong> requirements<br />
from customers, suppliers, partners and<br />
other stakeholders. We must exploit <strong>Satair</strong>’s<br />
strengths, namely our strong position in<br />
the aerospace value chain, our systems and<br />
relationships, and, <strong>for</strong>emost, our people.”<br />
It is <strong>Satair</strong>’s belief that long-term growth<br />
in air traffic will continue due to the general<br />
economic growth and the increase in global<br />
trade. Other growth drivers are population<br />
growth and liberalization of airspace. Industry<br />
analysts believe that passenger and cargo<br />
traffic growth will outpace GDP growth by a<br />
factor of around 1.5, thus doubling over the<br />
next 15 years.<br />
To benefit from this growth, aerospace<br />
<strong>com</strong>panies can’t just sit waiting <strong>for</strong> it. Morten<br />
Olsen points out that customer and supplier<br />
demands are increasing, and <strong>Satair</strong> must meet<br />
these. As a result, Corporate Management is<br />
constantly looking <strong>for</strong> ways to minimize lead<br />
time, maximize stability and create service<br />
solutions that directly address the customer’s<br />
ability to focus on his core business and his<br />
bottom line.<br />
Long-term customer relationships<br />
With more than 50 years’ aerospace<br />
experience, <strong>Satair</strong> already enjoys a preferred<br />
status with customers which are long-term<br />
sustainable. Morten Olsen acknowledges:<br />
“We’re often seen as an integral part of<br />
the customers’ operation, and as customer<br />
satisfaction is our key focus, we have a<br />
strong sales team to manage relationships<br />
and opportunities. Our mantra is that we are<br />
global in reach – but always with a local flair.”<br />
Morten Olsen ticks <strong>off</strong> the individual<br />
points in favor of <strong>Satair</strong>: “We have a good<br />
reputation, and we want to keep it. So we<br />
tailor package solutions to customer needs,<br />
we make it possible <strong>for</strong> customers to reduce<br />
their inventory investment while at the same<br />
time keeping stock close by, we have a strong<br />
product portfolio which supports vendor<br />
reductions, we provide a reliable service<br />
helping maintenance activities, we try to be<br />
easy to do business with and we have a true<br />
sense of urgency in emergencies.”<br />
Needs to evolve<br />
The customers are telling us that their<br />
preferred supplier must evolve in several<br />
aspects: They must have a high degree of<br />
parts availability, deliver on time and keep<br />
promises, provide workable solutions to<br />
<strong>com</strong>plex challenges and minor problems alike,<br />
have industry leading customer service – and<br />
he must have the financial strength to make<br />
investments as and when they are needed.<br />
On top of this <strong>Satair</strong> is looking to <strong>off</strong>er<br />
more services such as integrated inventory<br />
planning, vendor inventory planning as well<br />
as sourcing and outsourced procurement.<br />
Add value to the suppliers<br />
<strong>Satair</strong> has strong supplier relationships that<br />
are long term and tend to strengthen and<br />
evolve over time. It is generally agreed that<br />
John Stær, CEO of <strong>Satair</strong><br />
<strong>Satair</strong> adds significant value to its suppliers.<br />
Steen Karsbo, Group VP – Head of Global<br />
Marketing, expands on the subject of good<br />
supplier relations: “Our overall goal is to add<br />
value in the supply chain between supplier<br />
and customer. We <strong>off</strong>er predictability in<br />
monthly sales instead of high variance, a<br />
better cash flow due to high turnover of stock<br />
and improved delivery per<strong>for</strong>mance. We<br />
also reduce the number of claims and take<br />
over the interface with hundreds of different<br />
customers with different needs and replace it<br />
with one professional buyer with smooth and<br />
consistent processes.”<br />
In the future, <strong>Satair</strong> will focus on<br />
<strong>com</strong>ponent management including warranty<br />
handling, repair handling and repair operation<br />
to further enhance its value proposition to<br />
suppliers.<br />
Foundation <strong>for</strong> success<br />
<strong>Satair</strong> has with Destination2014 a clear focus<br />
on the direction <strong>for</strong> the next 3-5 years, but<br />
it is also <strong>com</strong>mon knowledge that business<br />
strategy and priorities may change over time<br />
based on external factors. The operational<br />
model is what provides the foundation and<br />
flexibility required to execute the initiatives<br />
defined by the strategy.<br />
Mikkel Bardram, Group VP – Head of<br />
Global Supply Chain raps up: “Over the last<br />
few years <strong>Satair</strong> has built a strong operational<br />
model. With the implementation of SAP,<br />
<strong>Satair</strong> has a strong IT plat<strong>for</strong>m with advanced<br />
functionality in place. By standardizing<br />
processes, implementing a functional<br />
organization and initiating lean, we have<br />
consistent per<strong>for</strong>mance and good control. For<br />
the <strong>com</strong>ing years <strong>Satair</strong> will continue to make<br />
step-wise improvements while supporting<br />
significant growth”.<br />
<strong>Satair</strong>’s operational model is strong and<br />
the strategy is designed to exploit this. With<br />
Destination 2014 <strong>Satair</strong> has a robust strategy<br />
to help meeting and exceeding customer and<br />
supplier expectations. That succeeding, <strong>Satair</strong><br />
should experience continued growth and<br />
emerge as the preferred partner in aerospace.