Cardós, ManuelBabiloni, EugeniaPalmer Gato, Marta ElenaGuijarro, Ester2014-12-162014-12-1620132013-8423https://riunet.upv.es/handle/10251/45497[EN] Purpose: This paper focuses on the improvement of the inventory management of repairable parts of the airline company Air Nostrum. The company uses a common sales replacement policy to manage their repairable parts and the same target fill rate for every item. This target is very high in order to assure a high availability of the aircrafts, dealing also to a high inventory value. Design/methodology/approach: However, this paper shows that an alternative heuristic approach outperforms the previous one terms of inventory value while fulfilling the target fill rate. Findings: This improvement is illustrated with an extensive and real dataset and may lead to a significant inventory reduction. Originality/value: Therefore, a company can design its inventory policies applying this heuristic focused on inventory reduction with a service level constraint instead of the usual cost optimization or service level fulfillment.Reconocimiento - No comercial (by-nc)Inventory managementAirline industryABC classificationORGANIZACION DE EMPRESASA heuristic to minimize the inventory value of repairable parts with service constraints: application to an airline companyArtículo10.3926/jiem.564Abierto2013-0953