In the first of our series on Opening the Black Box on Aviation Spare Parts Planning we look at 5 key KPIs that every airline should track. Airlines have traditionally relied on expert Inventory Planners to drive their investment decisions in spare parts for maintenance engineering. However, a ‘just-in-case’ engineering mindset coupled with emotional buying behaviour driven […]
https://armacsystems.com/wp-content/uploads/2018/05/Financial-Reporting-Image-Blog-Banner.jpg2661000Oliviahttps://armacsystems.com/wp-content/uploads/2018/11/Armac-Logo-RGB-1200px-1030x343.pngOlivia2018-05-17 14:10:042018-08-07 14:59:58Aviation Spare Parts Planning – 5 KPI’s for the Airline C-Level Executives
Our objective is to provision against forecast uncertainty to deliver a level of service. We are spending to mitigate uncertainty, in an economically efficient manner. Obviously, it does not make economic sense to make these risk-mitigating decisions on a part by part basis in isolation. This myopic approach opens the door to inefficiency and waste.
https://armacsystems.com/wp-content/uploads/2017/09/Armac-Blog-Forecasting-Banner.jpg2671000Mauriceghttps://armacsystems.com/wp-content/uploads/2018/11/Armac-Logo-RGB-1200px-1030x343.pngMauriceg2017-09-17 11:34:552018-08-07 15:08:00Forecasting for Aviation Spares Inventory – Part 2
https://armacsystems.com/wp-content/uploads/2017/08/Armac-Forecasting-Banner-Part-1.jpg2631000Mauriceghttps://armacsystems.com/wp-content/uploads/2018/11/Armac-Logo-RGB-1200px-1030x343.pngMauriceg2017-08-05 16:07:352018-08-07 15:10:33Forecasting for Aviation Spares Inventory – Part 1