Component Criteria Framework for Selection of Aircraft Spare Parts Inventory Cooperation Strategy

Abstract

This paper will present about spare parts inventory strategies in the airline industry. As an operator, the airline should have strategies to fulfill requested parts in a timely manner. The strategies solo, ad-hoc, cooperative pooling, commercial pooling, and commercial leasing are commonly used. The aim of this paper is to find out which criteria are considered important for selecting each of strategies. Total 9 criteria were identified through literature review and discussion with experts. In this paper, the preference value of all criteria which were obtained from the survey to whom have expertise in aircraft spare parts management were then analyzed with the best-worst method to prioritize and rank the criteria for each type of spare parts inventory strategies. The present study provides valuable research implications which can be used as a framework in deciding the criteria of aircraft parts for spare parts inventory management.