Inventory optimization in an aerospace supply chain

Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; in conjunction with the Leaders for Manufacturing Program at MIT, 2007.

Bibliographic Details
Main Author: Lo, Billy S. (Billy Si Yee)
Other Authors: Donald B. Rosenfield and Deborah Nightingale.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2007
Subjects:
Online Access:http://hdl.handle.net/1721.1/39678
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author Lo, Billy S. (Billy Si Yee)
author2 Donald B. Rosenfield and Deborah Nightingale.
author_facet Donald B. Rosenfield and Deborah Nightingale.
Lo, Billy S. (Billy Si Yee)
author_sort Lo, Billy S. (Billy Si Yee)
collection MIT
description Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; in conjunction with the Leaders for Manufacturing Program at MIT, 2007.
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spelling mit-1721.1/396782022-01-28T21:05:06Z Inventory optimization in an aerospace supply chain Lo, Billy S. (Billy Si Yee) Donald B. Rosenfield and Deborah Nightingale. Leaders for Manufacturing Program. Leaders for Manufacturing Program at MIT Massachusetts Institute of Technology. Engineering Systems Division Sloan School of Management Sloan School of Management. Engineering Systems Division. Leaders for Manufacturing Program. Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; in conjunction with the Leaders for Manufacturing Program at MIT, 2007. Includes bibliographical references (p. 66-67). Strategic inventory management has become a major focus for Honeywell Aerospace as the business unit challenged itself to meeting cost reduction goals while maintaining a high level of service to its customers. This challenge has become particularly important as customers have steered their purchase decisions from focusing only on capability and quality to including cost performance as well. To do so, Honeywell Aerospace's Planning and Asset Management group is undertaking a three-year effort to re-engineer its inventory planning systems with the goal of increasing planner productivity, improving supply chain responsiveness, and reducing overall inventory. This internship forms the building blocks of this strategy by leveraging existing software available in the industry and applying it to Honeywell's supply chain. Through two pilot programs with different supply chain designs, this internship analyzed the cost and benefit of transforming the company's inventory management strategy. In addition, this internship attempts to identify the challenges associated with such an enormous change, compare them with challenges with implementation in other industries in order to prepare management for full implementation across all product lines. These challenges range from leadership buy-in and information readiness to implementation feasibility both within Honeywell manufacturing and its suppliers. by Billy S. Lo. S.M. M.B.A. 2007-12-07T16:06:04Z 2007-12-07T16:06:04Z 2007 2007 Thesis http://hdl.handle.net/1721.1/39678 174987635 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 67 p. application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Engineering Systems Division.
Leaders for Manufacturing Program.
Lo, Billy S. (Billy Si Yee)
Inventory optimization in an aerospace supply chain
title Inventory optimization in an aerospace supply chain
title_full Inventory optimization in an aerospace supply chain
title_fullStr Inventory optimization in an aerospace supply chain
title_full_unstemmed Inventory optimization in an aerospace supply chain
title_short Inventory optimization in an aerospace supply chain
title_sort inventory optimization in an aerospace supply chain
topic Sloan School of Management.
Engineering Systems Division.
Leaders for Manufacturing Program.
url http://hdl.handle.net/1721.1/39678
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