An application of the state of the art service parts inventory management techniques involving statistical analysis and optimisation to inform decision makers about which parts and components (range), and how many of each (scale) to keep in stock, contributing to increase the system reliability and improve customer service levels. 

  • DatesFebruary - April 2017
  • SponsorBAE Systems CORDA
  • FundedConfidential
  • PartnersPrinciple Investigator Emel Aktas, Co-Investigator Heather Skipworth

The project allowed an application of the state of the art service parts inventory management techniques involving statistical analysis and optimisation to inform decision makers about which parts and components (range), and how many of each (scale) to keep in stock. This helped to increase the system reliability and improve customer service levels.