We're pleased to announce that the may update of AirFaas is live! You can read an in-depth list of the new features, improvements, and fixes here.
Shipped header and line KPI reporting added into reporting page
Added ability to compare Quotation made to customer in Projects
Invoice types added to AirFaas; Pro-forma, Shipment based and Credit Invoice
Ability to comment internally RFQ win/loss comment
Company Setup: Company certification document upload and download added
See SO: Ship by date/PO: Due date Orders in company CALENDAR with links to ORDER
Data Group automation
Project log enhanced with closing transaction log and also seen in reporting
Nonconformity reporting - Category separation in KPI reporting; Observation, Minor, Mayor added
Customer and supplier page in reporting improvements
Filters added to Shipment main page
Rev Default choosing enabled on Product page - Visible default rev in order entry
Delivery accuracy minor fix to show correct % in reporting
Shipment Invoice - Ship to Address follows from shipment to invoice
Specification copy in project - Copy function fixed
Invoice PDF shows only existing lines. Not deleted lines
Quote based SO will show only current lines in shipment even if order is modified
We use the phrase “it’s not rocket science” a lot at AirFaas. But then again, for a rocket scientist, or at least companies that build rockets, they probably do a lot of procurement-related tasks and admin that isn’t exactly rocket science either. So, let’s imagine for a second that we are all indeed rocket scientists, building complex machines and needing to request the materials or parts from other such experts. To do this we would likely need to send a request for quotation, or RFQ.
The purpose of this post isn’t to compile a list of do’s and don’ts – though I do love a good list! The point is to offer my own take on the topic. In general, wise minds agree, that a good RFQ is a document, or a series of documents, that get the attention (and offers) from high-quality vendors that meet predetermined criteria. It needs to be compiled of an exact array of information that you can easily find from multiple sources online.
Is this a good explanation of a good RFQ then? I don't think that simply ticking all the boxes, or filling out a template with high-quality information and supporting documents is enough. A good RFQ should offer more than just being a document or series of documents that convey accurate data. This data, both sent and received, has great value even after the tender decision has been approved!
I think that a good RFQ should support the decision-making process in a wider context. It should act now, and in the future, as defined justification for the processes that follow - one of the first in a sequence of events. It can also act as a useful step in finding, selecting, and approving new suppliers, and managing the following relationship.
A RFQ should also be accessible, securely stored, and linked to the rest of a project all the way to the point where a nonconformity has been reported. Even after the validity date of a RFQ has passed the data it represents is still valid and shouldn’t be disregarded. Your project data does not have a shelf life, nor does the justification for your decision-making process.
Working with RFQs in a way that connects to other parts of your business seems like a no-brainer to me, but most procurement people don’t have the option of an integrated system that links strategic to operational data. Procurement data, more often than not, is created in files with templates and archived to a cloud location. To summarize, a RFQ should be a well define document, but more importantly, it should be linked to the business flows that precede and succeed it. It should, along with the quotations it generates, be stored, easily accessed, and linked to the project as a whole. This is because it both serves as justification in the decision-making process and acts as the first point of contact with new and old suppliers alike. So maybe it’s not rocket science, but then again what is?
It takes a while, but in life and in business you sooner or later realize what you are really good at. And how to go on with that experience as your biggest asset.
At AirFaas we have dedicated a lot of time to find out what we are really good at. We have benchmarked our services, we have asked our customers about their experiences and we have turned every stone on the path leading to where we are now.
After launching the new website one of the questions that has been asked is “why focus so strongly on procurement”? People familiar with the AirFaas solution know that from a capability standpoint we can do many other things too.
AirFaas for Sellers helps companies to manage their sales side data and interact with their customers digitally. AirFaas works as a market place and we have companies sharing their sales catalogs there. AirFaas also supports supply chain visibility and manages stock.
So why focus so strongly on just one side of AirFaas?
We chose to focus on Procurement because we believe that is where we can provide the most value to our customers. We know for a fact, that getting spend under control is still a struggle for many manufacturing companies. We know there are no good solutions for managing technical procurement, and the ones that exist, are extremely expensive and accessible only to the largest corporations.
This is why key parts of procurement are done manually with excels, PowerPoints, email and a variety of file storage systems even in the biggest companies. AirFaas has tools for improving all aspects of procurement and the barriers to entry are low - our solution is both cost-efficient and is easy to implement.
This puts us in a position to help more companies get access to cutting-edge digital procurement capabilities than ever before.
We didn’t get rid of all the things that AirFaas has been capable of doing before. It is all still there. We are just framing what we do differently. And the things we don’t talk about so strongly are added value that help us to stand out from the other vendors.
We're excited about setting off on our new journey and welcome you all along for the ride!
Today you might have noticed something was a little different. Maybe you couldn’t quite put your finger on it, but you were working away, and you had the feeling that something had changed. You were right! Over the weekend the AirFaas development team has been working around the clock to update the system and launch a whole host of new features. A detailed breakdown can be found here.
In the SaaS industry success and failure are defined by whether your product creates value for its users. That’s why we think one of our most important jobs is to actively listen to the feedback we receive on a daily basis from our users. All requests, no matter how big, small, or sometimes a little crazy, are heard and fed to the hungry AirFaas developers.
The whole AirFaas team meets once a week and spends time discussing user feedback and how it fits into our long-term development plan. The discussion involves sales, customer success, management, head of product, and developers, defining the scope, timeframe, use cases, and how it will create value for the entirety of our users. We discuss scaling or limiting features, and as a startup, analyze the cost-benefit relationship to explore viability, and finally, if all is well, we might even form a consensus!
We have a goal to release 1 update every month from now on to deliver the high-level value that we think our users deserve. Today marks the release of the first in this series of updates: Version 22.214.171.124! Updates will be a mix of new features - designed to make your job even more efficient, feature improvements - to ensure that processes are as lean as possible, and fixes - where code gremlins need to be tamed!
Today you will notice major changes in the way that you can communicate inside AirFaas with partners who are also on the platform. Our vision for AirFaas is an ecosystem of interconnected digitalized manufactures, with world-class tools, who can complete buying and selling in the most efficient way possible. That’s why we have launched the Groups feature where you can securely connect to partners inside AirFaas and create cross-company tasks.
We want to limit the need for tools such as email and phone and allow you to centralize all project data on AirFaas. Now you can create a task for a partner in your defined group - allowing you to stay inside AirFaas, rather than switching to another tool to communicate or create a task. Maybe you need your supplier to reply to a RFQ by the end of business today or want a custom to update a purchase order. Now you can communicate this information between companies inside AirFaas!
For those of you working with complex products in industrial manufacturing, you will love the new product categorization, BOM management, and BOM generator features. Now you can define product categories based on your own exact criteria. You can ship BOMs and ensure that the component parts are reduced from your warehouse, and you can create and modify BOMs effortlessly with the new BOM generator! All of this reduces the need to work manually in Excel and reduces the chance of human error.
We’re committed to listening to our users and helping them to become more efficient in technical procurement. Our vision is an ecosystem of digitalized manufacturing professionals who all have world-class tools to do their jobs as simply as possible. If you want to learn more about the new features, or just want to get in touch to discuss AirFaas I’m listening. You never know the next crazy idea might be the best of them all!
Hello! This is my first blog as the new CEO of AirFaas. It is also the first blog post on the newly updated AirFaas Website. So Welcome! I want to use this opportunity to talk about the changes we have made with AirFaas.
"Pushing the envelope" is the American fighter pilots way of explaining how to get the very most out of their airplanes, to exceed the expectations of their material. And you can actually say that this is what we have done also with AirFaas. We have checked out all the angles of AirFaas "envelope" to find out how to get the most value out of it for our customers.
Where you meet this change primarily is the updated AirFaas Website! Visitors who have been here before will notice that the visual aspects of AirFaas are the same, but the message is different. You may notice that we are introducing AirFaas as Technical Procurement solution and at the same time we have moved focus away from Factory As a Service and the industrial marketplace.
There are a couple reasons behind the change in our message. We have listened to market feedback which said that it is difficult to understand what AirFaas is and what benefits it brings. This was a fair point of view! We admit that our message was too idealistic, abstract, and it focused too much on our long-term vision. By looking to the future we missed the here and now, and forgot to tell about the immediate benefits that AirFaas provides to our customers: the high quality tools for managing technical procurement and sales end-to-end, from initiating and responding to RFQ’s all the way to collaborative nonconformity management process.
With these things in mind we decided to improve the AirFaas website to be simple, descriptive, and focus on the concrete capabilities and benefits we provide. We removed a lot of content that we felt was outdated or unclear. We added content that is to the point and easy to figure out, just like AirFaas tools are. The outcome to us is exactly what we hoped for: a simple and informative site that builds on the strong AirFaas brand.
Even though our message is now more focused on AirFaas tools and the benefits they provide, we have not forgotten or abandoned our long-term vision of connecting available industrial capacity with companies needing it. We believe that digitalization will allow companies to utilize existing production capacity rather than always investing in their own capacity. This will significantly improve asset utilization, ROI and competitiveness of industrial clusters and ecosystems. But to get there we need to make sure that all the players within those clusters have proper tools for digitally managing their operations.
The reality is that too many businesses lack the capability to handle business transactions digitally. Therefore, the first step for AirFaas is to help these businesses get access to great digital tools. The second step is to connect these businesses digitally. After which we will get to our final destination - a digitally connected network of factories that can sell their capacity to buyers as a service.
In the context of this long journey updating the website was a baby step, but still an important one. There are a ton of businesses out there struggling with old ways of working and not being able to enjoy the benefits of proper digital tools. We want to help these businesses take their first step on their digital journey. Telling our story in a simple, concise way helps us help our customers.
Juuso Jankama, CEO AirFaas