SR Technics is pleased to announce a strategic investment in Armac Systems, a leading provider of aircraft MROinventory planning and optimization software and solutions. The investment will result in a close strategic partnership between the two companies, enabling customers to benefit from a turn-key planning solution that will continuously optimize component inventory asset investment and maximize component availability.
SR Technics and Armac Systems have successfully collaborated for several years providing significant benefits to SR Technics and its customers. Combining both companies’ core competencies will allow SR Technics to continue delivering enhanced inventory management and optimization solutions to its customers.
Micheál Armstrong, CEO of Armac Systems, stated: “This is a very welcome development for Armac Systems. It is a natural evolution of our relationship with SR Technics to combine the market-leading services offered by both companies. This combined solution will deliver a unique inventory planning offering to the market that will help our customers maximize the value from their inventory investment. We look forward to leveraging the strong market
position of SR Technics to significantly develop the business in the coming years.”
André Wall, CEO of SR Technics, said: “As an inventory management systems specialist Armac Systems has a deep understanding of innovative solutions for the highly complex MRO business. Our collaboration has resulted in a market-leading inventory planning andmonitoring system to boost supply chain efficiency and deliver outstanding fleet protection.
With this important step SR Technics will further enhance its service portfolio by offering superior total asset life-cycle management solutions. This will further strengthen our position as a world-leading component solutions provider. I look forward to continuing to work with Armac and to delivering even greater value to our customers.”
Micheál Armstrong, CEO of Armac Systems, stated: “This is a very welcome development for Armac Systems. It is a natural evolution of our relationship with SR Technics to combine the market-leading services offered by both companies. This combined solution will deliver a unique inventory planning offering to the market that will help our customers maximize the value from their inventory investment. We look forward to leveraging the strong market
position of SR Technics to significantly develop the business in the coming years.”
André Wall, CEO of SR Technics, said: “As an inventory management systems specialist Armac Systems has a deep understanding of innovative solutions for the highly complex MRO business. Our collaboration has resulted in a market-leading inventory planning andmonitoring system to boost supply chain efficiency and deliver outstanding fleet protection.
With this important step SR Technics will further enhance its service portfolio by offering superior total asset life-cycle management solutions. This will further strengthen our position as a world-leading component solutions provider. I look forward to continuing to work with Armac and to delivering even greater value to our customers.”
Source and image: SR Technics