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Significant benefits can be realized by implementing a well-designed, advanced analytical decision-support system solution for
managing the inventory of repairable/rotable parts. Not only the investment in inventory can be reduced by avoiding excesses
and shortages, the performance also increase by better planning and controlling the inventory.
In the following paper, the exceptional savings had been described by developing and implementing an inventory system for
repairable parts based on advanced analytical modeling techniques.
» Out
of Touch with Customer Needs? Spare Parts and After
Sales
Service, Sloan Management Review
An independent validation of the two-parameter approximation technique used in multi-echelon inventory modeling for repairable parts - the basic methodology
that we use at CA Advisors - has been demonstrated by the following research paper.
» A
Multi-echelon Inventory Model for a Repairable Item with
One-for-one
Replenishment, Management Science
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