Stocks of spare parts, located at appropriate locations, can prevent long downtimes of
technical systems that are used in the primary processes of their users. Since such …

Demand for spare parts is often difficult to forecast using historical data only. In this paper,
we give an overview of installed based management and provide several ways in which …

We focus on the inventory management of critical spare parts that are used for service
maintenance. These parts are commonly characterised by a large variety, an intermittent …

Forecasting spare parts demand is notoriously difficult, as demand is typically intermittent
and lumpy. Specialized methods such as that by Croston are available, but these are not …

The classical spare part demand forecasting literature studies methods for forecasting
intermittent demand. However, the majority of these methods do not consider the underlying …

When stopping production, the manufacturer has to decide on the lot size in the final
production run to cover spare part demand during the end-of-life phase. This decision can …

Performance based contracting (PBC) emerges as a new after-sales service practice to
support the operation and maintenance of capital equipment or systems. Under the PBC …

Inventory control for spare parts is essential for many organizations due to the trade-off
between preventing high holding cost and stockouts. The lead time demand distribution …

The performance of any inventory control model depends on the quality of future demand
forecasting. The better the accuracy of future demand predictions is, the lower is the safety …

Offers a holistic approach to guiding product design, manufacturing, and after-sales support
as the manufacturing industry transitions from a product-oriented model to service-oriented …