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Parts Availability Analytics Using Supervised Machine Learning Algorithms

November 6, 2020

Anglo-Australian multinational mining, metals and petroleum company

Problem Statement

  • Identification of factors which effect Parts Availability and understand their impact
  • Prediction of parts availability failure and setting up an advance alert mechanism , integrate approaches to improve and manage Parts Ordering and Availability

Solution Approach

  • Data Input
  • Application Features
  • Model Dataset
  • Logistic Regression
  • Logistic Regression
  • MARS Model

Business Impact

  • Identification of business rules defining success and failure of parts availability
  • Part Availability Failure Prediction
  • Theoretical lift which can be achieved by controlling “Planned Delivery Time”

Critical Success Factors

  • Every Stage of process flow modeled separately
  • Part Availability Failure Prediction

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