Flying High: Optimizing Supplier Management in AviationWATCH WEBINAR
Global transportation has been in a state of constant flux over the past decade. Increased outsourcing of core business functions has required transportation companies to exercise greater oversight of their strategic suppliers, given how directly supplier performance affects corporate priorities such as regulatory compliance, safety and customer satisfaction. This increased pressure on supplier governance has been a secular trend across all transportation segments—aviation, rail, road, marine and logistics—with each segment presenting its own unique challenges over and beyond this larger trend.
The aviation industry, perhaps the most visible segment, is complex, cost-driven and highly regulated. Most aspects of the business—airplane maintenance, baggage handling, catering, facilities management, security, terminal services, IT, back office, customer care and telecom—are sourced externally.
The rail industry, meanwhile, has been on a continuous modernization journey to enhance the passenger experience through improved safety, comfort and convenience. Whether government-controlled or privatized, rail operators must work with a large and complex network of suppliers to provide a reliable and safe transportation experience. From infrastructure development, railcar maintenance, food services, facilities management and parking to ticketing, IT and telecom, a significant portion of the ecosystem is outsourced with contract terms often extending 15-20 years.
Effective management of this services-centric supply chain is critical, yet most organizations lack the right technologies to enable transparency and collaboration in supplier engagements, particularly during the in-life phase of the contract. A significant opportunity exists to drive improved outcomes and financial discipline in outsourcing contracts through active, analytics-driven supplier management.
Business processes (e.g. finance & accounting, HR)
Cargo and baggage handling
Ground handling and security
IT (e.g. application development and maintenance, data centers, network, end-user computing)
Maintenance and repair
Ticketing, customer care, and terminal
“Sirion has improved supplier performance and service quality.”
“As airports move into the future, they need to change their approach to managing suppliers to allow for the supply chain’s increasingly immediate impact on the customer experience.”
“DfT’s initiative for integrated management of contracts combines Sirion’s technology with industry best practices.”
Sirion offers an AI-driven, integrated platform for transportation companies to manage contracts, performance, invoices and relationships in buy-side services contracts.
Gain complete visibility and control over your contract portfolio through Sirion’s powerful contract repository: Leverage hierarchical document storage, auto-extraction of contract data, and advanced change management capabilities
Easily identify and correct invoicing discrepancies by auto-validating invoice data against underlying contractual obligations and performance data
Improve performance delivery with a comprehensive and automated approach that streamlines the capture, computation and monitoring of obligations and service levels, and link performance to real business impact
Drive improved alignment and collaboration between buyer and supplier teams through a shared view of contract and performance data, and through data-backed relationship governance