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For parts that are less expensive to repair than to discard, advanced analytical techniques offer a valuable way to manage the inventory. Repairable parts
are usually expensive, and require sophisticated inventory systems to control costs. The decision-support inventory systems for repairable parts are
complex, and require analytical inventory modeling that is significantly more complicated than the traditional techniques in inventory management.
Benefits of applying advanced analytical methodologies to control the inventory of repairable parts are substantial. Not only the costs in terms of excess parts or shortages can be avoided by right-sizing the
inventory, but the overall materials management performance also improves and the service level increases.
Multi-echelon inventory modeling has been successfully applied to repairable parts in a wide range of industries, e.g., automotive,
aviation, high-technology, and durable consumer product
manufacturing, to name a few.
At CA Advisors, we offer leading-edge analytical services in repairable materials management. Years of first-hand applied industrial experience along with
academic research and development have made us a unique resource to assist our clients face the unique and difficult challenges in repiarable inventory
management.
Please contact us to learn more about our practice in repairable materials management.
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