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Spare parts management: a review of forecasting research and extensions

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<mark>Journal publication date</mark>1/07/2010
<mark>Journal</mark>IMA Journal of Management Mathematics
Issue number3
Volume21
Number of pages11
Pages (from-to)227-237
Publication StatusPublished
Early online date12/11/09
<mark>Original language</mark>English

Abstract

Spare parts are very common in many industries and forecasting their requirements is an important operational issue. In recent years, there have been advances in forecasting methods for spare parts, demand information sharing strategies and the design of forecast support systems. Some work has also been done on the value of judgemental adjustment of statistical forecasts. In this paper, these developments are reviewed and avenues for further research are explored.

Bibliographic note

Accepted 10/08/2009