COVID-19 created significant challenges for airline inventory managers. Financial constraints, combined with significant changes to flight schedules, fleet mixes and demand patterns, have made the efficient management of aircraft spare parts increasingly difficult. This situation is exacerbated by the recent disruptions to the supply chain followed by a relatively rapid recovery, as recent years’ usage data (a key forecasting input) is no longer indicative of future demand.
For this Velocity Podcast episode, join Oliver Wyman's Salena Hess and Konstantinos Varsos, alongside Craig Harry from American Airlines, where they discuss the post-COVID impact of our world today and inventory management for MROs in depth.
Taking a strategic approach to inventory segmentation
COVID-19 has created significant challenges for airline inventory managers. Financial constraints, combined with significant changes to flight schedules, fleet mixes and demand patterns, have made the efficient management of aircraft spare parts increasingly difficult. This situation is exacerbated by the recent disruptions to the supply chain followed by a relatively rapid recovery, as recent years' usage data (a key forecasting input) is no longer indicative of future demand.