Evaluator

What data shows Evaluator if a part number has different MFR?

The KPIs and data in Evaluator is provided and visualized on part number level as the FMV is calculated on this level. For more details about the FMV level of detail, please check the answer to the next question.

Why is the FMV calculated on part number level?

The FMV represents a strategic value that provides a long term orientation for all market participants where nobody has a profit or all participants have the same profit. The main implication of this definition is, that interchangeable parts are assumed to have the same value as they can be replaced without any additional costs, e.g., same part just with different MFRs.

Note

The FMV does not include an individual supply and demand situation for a market participant. The value further neglects the current individual situation / reason for parts demand.

Where can I access information about alternative and interchangeable part numbers?

This information is accessible in the overview section of the part search screen. In the part number details are sections for interoperabilities and modifications. If such parts exist, the respective part numbers are listed in these sections and are highlighted in blue. Clicking on of the part numbers will open the part search screen for the selected part.

Sources for information about interchangeable parts and possible modifications are customer databases and market databases.

What is the “Benchmark” function?

The benchmark functionality compares the performance of your company against the remaining industry. Based on the data you have contributed to the IATA MRO SmartHub and the extensive industry database included in Evaluator three KPI are calculated: potential savings, achieved savings, and total spending. The KPIs are calculated using a neutral industry reference value: the FMV. The calculation methodology and savings definition differ between the three divisions: purchase, sale, and replacement. For more details, see Benchmark.

What is the “Market statistics” function?

The significant number of actual transaction data (purchase order, sales order, repair orders). This data is used to provide you with statistics about market development in terms of transaction volume and price level. For more details, see Market.