Aviation Spare parts supply chain management optimisation at Cathay Case Study

Aviation Spare parts supply ambit wariness optimisation at Cathay - Case Study ExampleAn efficient cost reducing root to the problem of supply chain management optimisation has been suggested from a new perspective based on integer analogue programming formulation by introducing a new algorithm to the rotable part, which can be applied to the whole inventory. For this purpose, calculation has been made through Viscalc application with iterative probability computation to promote the worth of the solution in reducing cost of inventory.Report findings point to the need of changing antiquated technology used through Ultramain and update it through currently available dynamic applications, as Ultramain was acquired for discussion technical log process and for general maintenance management only. Based on the integer linear programming, the significance of the optimisation of the inventory, particularly of T category rotable parts like engine of the aircraft, is shown to be actually crucial to attain.The subject of logistics and supply chain management has attained significant importance due to globalization of business functions. No industry can manage to achieve cost efficiency and high process levels without investing specialist resources to leverage from better supply chain management functions. Likewise, significance of supply chain management theories and their application in aviation business of Cathay Pacific Airways Limited, one of the topmost prosperous business stories in the airways industry, has been felt by the management of Cathay Pacific, as derived from the case study.Cathay Pacific Airways Limited stands on a high pedestal in the matter of performance and customer condescendingness among the worlds leading airlines. It is a financially sound commercial airline. Cathay Pacific has successfully been voted Airline of the Year organised by Skytrax Research in 2005 and awarded Airline of the Year in 2006 by the Air Transport World magazine. Fo r maintaining its profit