Updating warranty terms and coverage

This page allows you to update the warranty terms and coverage for the parts. Tell me more.

Select the “Edit Warranty Terms and Coverage” link at the bottom of the “Maintain Aircraft Warranty details” page.

The “Edit Warranty Terms and Coverage” page appears.

The system displays the following field:

Date Format

The format in which the date field is displayed. This format is displayed from the "User Preferences" set for the login user ID. In case the format is not defined, the system displays the date format from the "Enterprise Modeling" business component by default.

The system displays the following fields in the “Agreement Details” group box, , from the record selected in the previous page:

Agreement #	The code identifying the aircraft warranty agreement.
Status	The status of the aircraft warranty agreement, which could be “Active” or “Inactive”.
Agreement Category	The category to which the warranty agreement belongs to.
Aircraft Reg #	The registration number of the aircraft.
Supplier #	The number identifying the supplier of the aircraft.
Supplier Name	The name of the supplier.
Agreement Valid From Date	The date from the aircraft warranty agreement is valid.
Agreement Valid To Date	The date until which the aircraft warranty agreement is valid.

Enter the following in the “Warranty Terms” group box:

Warranty Applicability	Use the drop-down list box to specify the applicability of the warranty. The system lists the following options: Aircraft – Select this option to specify that the warranty is applicable only for aircraft. Components – Select this option to specify that the warranty is applicable only for components of the aircraft associated. Aircraft & Components – Select this option to specify that the warranty is applicable to both aircraft and components. The system displays “Aircraft & Components” by default.
Failed Part Disposition	Use the drop-down list box to select the mode of disposition of failed parts. The system lists the following options: Scrap – Select this option to indicate that failed parts are scrapped off. Return – Select this option to specify that the failed part is returned to the supplier. Hold – Select this option to specify that the failed part is kept on hold by the airline operator for the supplier’s further instructions on claim. The system displays “Hold” by default.
Default Claim Remedy	Use the drop-down list box to select the nature of default claim remedy. The system lists the following options: Part Replacement – Select this option to request for part replacement from the supplier, as a claim remedy. Credit Request – Select this option to request for credit for the failed part from the supplier, as a claim remedy. The system displays “Credit Request” by default.
Claim Currency	Use the drop-down list box to specify the currency in which the warranty claim is made. The system lists all the active currencies including the Base currency. By default, the system displays the supplier currency if the supplier currency is listed in the drop-down list box. Else the system displays the base currency.
Claim with Supplier #	The code identifying the supplier to whom the claim is made. Mandatory. (Alphanumeric, 45). Ensure that the supplier number entered here is “Active” as defined in the “Supplier” business component, if the “Agreement Valid To Date” is equal to or later than the system date and the status of the agreement is “Active”. Help facility available.

The system displays the following:

Supplier Name

The name of the supplier against whom the claim is done..

Enter the following:

Part Valuation	Use the drop-down list box to specify the valuation method when the failed part is claimed. Standard Cost – Indicates that the failed part is valuated at standard cost. Standard Purchase Price – Indicates the failed part is valuated based on the standard purchase price. Current Value – Indicates that failed part is valuated using the current value. The system displays “Standard Purchase Price” by default.
Shipment Cost Reimbursement	Use the drop-down list box and select “Yes” if the part shipment cost will be reimbursed by the supplier. Else select the option “No”. By default, the system displays “Yes”.
Max. # of Annual Claim	The maximum number of claims made from the supplier in a year. (Integer). Ensure that a positive integer greater than zero is entered here.
Max. Value of Annual Claim	The maximum value of the claim made from the supplier in a year. (Decimal). Ensure that a positive value greater than zero is entered. The value entered here must be greater than or equal to the sum of the “Annual Limit” of different parts covered, specified in the “Part Coverage Details” tab.
Warranty Labor rate/Hour	The labor rate per hour that will be remitted by the supplier for the work involved to the failure of the part / aircraft. (Decimal). Ensure that a positive value greater than zero is entered here.
Value Limit for Periodic Processing	The claim value limit defined for the failed parts for a specific period. (Decimal). Ensure that a positive value greater than zero is entered here.
Notify Failure Before (Days)	The number of days before which the failure of the part must be notified to the supplier. (Decimal). Ensure that a positive value greater than zero is entered here.
Failed Part Holding Days	The number of days for which the failed part can be held. (Integer). Ensure that a positive integer greater than zero is entered here. This value must be greater than the value specified in the “Notify Failure Before (Days)” field.
General Terms Agreement Details	The general terms regarding the aircraft warranty agreement. (Alphanumeric, 2000)
Additional Terms	Any additional terms regarding the aircraft warranty. (Alphanumeric, 2000)
Exceptions	Any exceptions for the aircraft warranty. (Alphanumeric, 2000)
Remarks	Any remarks pertaining to the warranty terms and coverage. (Alphanumeric, 2000)
File Name	The file name of the document that can be used as a reference will be attached here.. (Alphanumeric, 256) Help facility available.

Click the “View File” link provided alongside to view the file details.

To proceed carry out the following:

Click the “Part Coverage Details” tab to update the part coverage details.
Click the “Aircraft Coverage Details” tab to aircraft coverage details.
Click the “Part Warranty Agreement Details” tab to update the part warranty agreement details.
Click the “Update Terms And Coverage” pushbutton to update the terms and coverage details provided in this page.

Note: The system ensures that for a specified supplier # and Warranty Type, only one Aircraft that is in “Active” status is associated to the Agreement within a specific warranty duration.

For example, if an agreement in active status exists for the supplier – “Sup1”, Warranty Type – “New”, Warranty Start Date - 01/01/2007, Warranty End Date - 01/01/2009 and Aircraft Reg # - “AC1”, the system does not allow the aircraft to be associated with any other aircraft warranty within the same warranty duration 01/01/2007 to 01/01/2009. Overlapping or within the period of the existing agreement is also not allowed.

The system displays the following in the “Record Statistics” group box:

Created by	The name of the user who created the Aircraft Warranty Details.
Created Date	The date on which the aircraft warranty details were created.
Last Modified by	The name of the user who last modified the aircraft warranty details.
Last Modified Date	The date on which the aircraft warranty details were last modified..

Note: The system updates the system date as the “Last Modified Date” and the login user as the “Last Modified by”.

Updating Warranty terms and Coverage - An Overview

This page allows you to update the warranty terms and coverage details. You can specify the warranty terms such as Failed Part Disposition, Default Claim Remedy, Part Valuation, Max. # of Annual Claim, Max. Value of Annual Claim, Warranty Labor rate/Hour, Value Limit for Periodic Processing, Notify Failure Before (Days) and Failed Part Holding Days.

You can update the part coverage details, aircraft coverage details and part warranty agreement details using different tab pages.