Locatory.com Evolves from Spare Parts Marketplace to Aviation IT Solutions Provider

Locatory.com began eight years ago as a start-up aviation spare parts marketplace and evolved into a leading aviation IT solutions provider with billions of spare parts in its marketplace’s database.

In 2011, the company launched its marketplace platform. In 2015, the company simplified the spare parts search with Amber A.I. – a tool that automatically identifies and parses part numbers, quantities and conditions from sent emails and monitors the Locatory.com database, delivering search results in less than 20 seconds.

In 2016 the company integrated direct shipping services to the marketplace. Later that year, Locatory.com introduced custom IT solutions: tailor-made ERP systems for MROs, HR modules for employees monitoring, procurement process optimizing tools, Locatory API, and more. Later on, Locatory.com presented the module-based Sensus MRO process management software.

In 2017, Locatory.com integrated targeted advertisement opportunities within all the Locatory.com tools, followed by making the marketplace public vs. visible only to registered users.

In the beginning of 2019, the company introduced Locatory Distributor. “There are many small companies that have aviation parts stock but no staff to sell it. Or, there are big aviation companies that have spare parts stock and would like to increase their profit. Either way, Locatory.com comes in with a service that creates value to both and becomes like a bridge to different markets and between the seller and the buyer,” says Dainius Meilunas, CEO at Locatory.com.

Now, the Locatory.com marketplace’s database has around 8.2 billion spare parts and more projects in development.