Intermittent demand forecasting for spare parts: A Critical review

Çerağ Pinçe, Laura Turrini and Joern Meissner

Omega, 2021, vol. 105, issue C

Abstract: Spare parts demand forecasting has received considerable attention over the last fifty years as it is a challenging problem for many companies. This paper provides a critical review and quantitative analysis of the current literature on spare parts demand forecasting methods. First, we describe how different research streams in the literature have developed over time and review each stream extensively. Then, by gleaning information from the available studies, we carry out a quantitative analysis to provide granular insights into why and when a particular forecasting method should be preferred.

Keywords: Spare parts; Intermittent demand; Forecasting; Inventory control (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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DOI: 10.1016/j.omega.2021.102513

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