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Advanced inventory planning and forecasting solutions: a case study of the UKTLCS Chinook maintenance programme

Advanced inventory planning and forecasting solutions: a case study of the UKTLCS Chinook maintenance programme
Advanced inventory planning and forecasting solutions: a case study of the UKTLCS Chinook maintenance programme
This article which advances on earlier published work by the authors, evaluates the forecasting performance of the inventory planning and forecasting support system used by Boeing's United Kingdom Through Life Customer Support to manage inventory for the maintenance of the Royal Air force fleet of Chinook helicopters. Focussing mainly on a sample of the spare-part components considered most influential on maintenance costs, limitations in the current forecasting system are identified. Approaches for improving forecasting performance are explored using Visual Basic for Applications (VBA)-based tools. It is found that generic proprietary inventory and forecasting systems can be enhanced by using VBA tools that allow detailed examination of each component's demand time series. For propriety reasons, all data have been sanitised
0953-7287
73-90
Downing, Mathew
6bb1b948-f926-4597-b2fc-6d401f040354
Chipulu, Maxwell
12545803-0d1f-4a37-b2d2-f0d21165205e
Ojiako, Udechukwu
ba4aa342-5408-48d7-b71d-8197388bbb80
Kaparis, Dinos
37f77032-5665-4ba2-aef5-cf25964b257d
Downing, Mathew
6bb1b948-f926-4597-b2fc-6d401f040354
Chipulu, Maxwell
12545803-0d1f-4a37-b2d2-f0d21165205e
Ojiako, Udechukwu
ba4aa342-5408-48d7-b71d-8197388bbb80
Kaparis, Dinos
37f77032-5665-4ba2-aef5-cf25964b257d

Downing, Mathew, Chipulu, Maxwell, Ojiako, Udechukwu and Kaparis, Dinos (2014) Advanced inventory planning and forecasting solutions: a case study of the UKTLCS Chinook maintenance programme. Production Planning & Control, 25 (1), 73-90. (doi:10.1080/09537287.2012.658451).

Record type: Article

Abstract

This article which advances on earlier published work by the authors, evaluates the forecasting performance of the inventory planning and forecasting support system used by Boeing's United Kingdom Through Life Customer Support to manage inventory for the maintenance of the Royal Air force fleet of Chinook helicopters. Focussing mainly on a sample of the spare-part components considered most influential on maintenance costs, limitations in the current forecasting system are identified. Approaches for improving forecasting performance are explored using Visual Basic for Applications (VBA)-based tools. It is found that generic proprietary inventory and forecasting systems can be enhanced by using VBA tools that allow detailed examination of each component's demand time series. For propriety reasons, all data have been sanitised

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Downing et al Boeing Forecasting Accepted Manuscript.pdf - Accepted Manuscript
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More information

Published date: 1 January 2014
Organisations: Centre of Excellence for International Banking, Finance & Accounting

Identifiers

Local EPrints ID: 208475
URI: http://eprints.soton.ac.uk/id/eprint/208475
ISSN: 0953-7287
PURE UUID: d69756e2-e1f4-4b84-b996-5d99dd2416b2
ORCID for Maxwell Chipulu: ORCID iD orcid.org/0000-0002-0139-6188

Catalogue record

Date deposited: 19 Jan 2012 15:10
Last modified: 15 Mar 2024 03:11

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Contributors

Author: Mathew Downing
Author: Maxwell Chipulu ORCID iD
Author: Udechukwu Ojiako
Author: Dinos Kaparis

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