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Material cost is always a hot issue in airline maintenance. Stock is always too high, cost should always be lower and availability is constantly under criticism. There is a better way to deal with this constant clash of interests. Statistically airlines can much more accurately determine their material need than they do in most cases. Applying common techniques like Poisson probability and Gauss probability would significantly improve material holding and availability.

Yet this is only part f the problem. Adequate management guidance is key to take full advantage of the potential unleashed by the probability approach. Combining probability with intelligent management guidance provides a company with an optimum balance between cost, risk and benefit.

This is not an operational issue, this is a board issue. Have you already taken control over your material management exposure? If not, drop me a line! I will be happy to explore with you how to make the next level of excellence in this matter!