The AI tool at Dubai Airports will help in analyzing real-time data to predict future consumption of additional parts for maintenance works.
Dubai International (DXB) and Al Maktoum International Airport (DWC), operated by Dubai Airports has introduced an AI powered Material requirement planning tool (MRP) to forecast spare parts demands in a better way.
The tool uses real-time data to forecast the future utilization of spare parts for maintenance works. The MRP tool has increased forecasting accuracy by 30 percent, that enables precise inventory planning and a 12 percent deduction in excessive stock held. This optimisation enhances capital usage and ensures resources are available when required.
Dubai Airports’ AI-powered inventory management
“We leveraged AI and real-time data to streamline our inventory management, improve efficiency and enhance the quality of service we provide to our key customers, both our internal business functions and the millions of guests who travel through the airport. As the first airport in the region and the first government entity in Dubai to implement this system, it underscores our commitment to innovation and operational excellence,” Emmanuel Augustin, VP of Supply Management at Dubai Airports said.
The Improvement in forecasting due to AI-powered inventory management has led to a massive rise of 24 percent in service levels at Dubai Airports, allowing faster facility maintenance response times and a better guest experience.
The inventory ordering process is now automated, integrating purchase requisitions and cutting manual workloads by 400 percent. Advanced analytics provide strengthened decision-making and adherence to regulations, maintaining operational excellence and compliance standards.
Source: Arabianbusiness
