AAR Launches Agentic AI-Based Parts Procurement Platform
· Source: aviationweek.com
In short
AAR Corp. has launched a new subsidiary called Airvoyant that uses agentic AI to automate aviation parts procurement, estimating potential cost reductions of 20-30%. The platform analyzes multiple supplier quotes and generates ranked recommendations based on historical data, with plans to add vendor optimization and automated negotiation capabilities. Airvoyant integrates with existing systems like Aeroxchange and Trax, and is backed by Amazon Web Services as its key technology partner.
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Tags: procurement, automation, aviation, supply-chain, AI-agents, MRO