How do the e-commerce initiatives being announced by the large OEMs (Original Equipment Manufacturers) impact the PartsBase.com business model?
These OEM initiatives appear to be intended to bring parts, supplies and materials up the supply chain to satisfy OEM manufacturing requirements. The key driver in the announcements appears to be the OEMs desire to reduce the cost of doing business with their suppliers and selling spare parts directly into the aftermarket through their own web sites. None of the initiatives mention the inclusion of other sellers in their eMarketplaces to provide parts into the aftermarket. PartsBase.com provides a marketplace where the OEMs themselves, the airlines, FAA approved repair stations, parts brokers and distributors can get worldwide visibility for their new surplus, overhauled, repaired and serviceable inventory. The site also provides an opportunity for PMA manufacturers to sell FAA approved replacement parts as an alternative to the OEM offerings. The PartsBase database not only satisfies the needs of the large commercial aircraft market, but also the commuter, executive, helicopter, and r