Pressure on maintenance costs, especially for engines, driving the need for standardized repairs
Challenges in the MRO Industry
Increasing reliance on desk-less technicians, requiring standardized instructions and new technologies
Aging workforce, leading to a skills shortage (estimated 27% by 2027 in North America)
Need for digital transformation investments to address these challenges
Digital Transformation Opportunities
Leveraging new technologies like AR/VR for training and remote support
Improving production management, quality, and workforce sustainability through digital solutions
Addressing work scope variations and material availability challenges to improve turnaround time and profitability
Tech Mahindra's M.Next Platform
A modular, cloud-based platform developed in collaboration with AWS
Aims to provide digital solutions for the Aerospace and Defense industry, including:
Supply chain management and advanced inventory planning
Equipment reliability and condition-based maintenance
Digital workforce training and support
Customized dashboards and reporting
Integration of non-destructive testing, financial management, and sustainability tracking
Conclusion
MRO providers are focused on servicing aging fleets due to supply chain challenges
Safety, quality, and cost-effective delivery are paramount concerns
Tech Mahindra's M.Next platform, powered by AWS, aims to address these challenges and prepare the industry for long-term success.
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