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Honeywell is bringing the ease of buying and selling online everyday in the aerospace industry with GoDirect Trade. The new e-commerce platform will improve access to new and used aircraft parts for airlines, air transport passengers and business aviation by offering transparent prices and the ability to purchase inventory directly from its website – a unique experience.
"GoDirect Trade represents an evolution in our market, and being supported by a major equipment manufacturer gives us the security we need to be one of the first users," he said Thomas Noonan, Director of Material and Partial Sales, StandardAero Total Aircraft Spares. "This technology will help advance the aviation industry in the realm of other e-commerce sites that many of us use every day without thinking twice."
Previously, buyers looking for aeronautical components such as avionics, auxiliary power units and others would have to call numerous companies, wait days or even weeks to assess a part and risk buying from a company that did not have the inventory immediately available. In GoDirect Trade, Honeywell uses blockchain technology to ensure that each card includes quality images and documents for the exact part that is offered for sale, giving the buyer the security of the purchase of the part. In addition, every part on GoDirect Trade is immediately available for sale and shipment. It is not necessary to wait days or even weeks for the seller to confirm availability.
"Currently, less than 2.5 percent of all transactions in this space are made online," he said Lisa Butters, who leads the new Honeywell Aerospace adventure. "Up until now, the ability to buy spare parts online with prices, product images and quality documentation in one place was unheard of for the aviation industry."
Building on the experience gained from the Honeywell Aerospace Trading business, GoDirect Trade aims to create stronger links between buyers and sellers. For example, buyers and sellers can directly contact the other through the platform, streamlining the process to ensure that both parties are satisfied with the exchange. As with similar websites in other industries, online reviews of buyers and sellers are encouraged.
"We are the first market to offer customized storefront for sellers and we are the first to take advantage of blockchain technology to create trust between buyer and seller," said Butters. "All these successes will take us to a new era focused on the buyer's experience and allow sellers to grow globally, our platform and mentality will change the way the industry operates."
GoDirect Trade is part of Honeywell's GoDirect family, the industry's most comprehensive portfolio with over 50 value-added aviation services and applications that provide operators, flight personnel and maintenance teams with critical information to control their services and network. To learn more and start exploring GoDirect Trade, visit the new e-commerce platform.
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