Search DubaiPRNetwork.com

Dubai and UAE
Home >> Travel, Tourism, Airline and Hotel

Dubai Airports sets new standards with AI-powered inventory forecasting

Dubai Airports sets new standards with AI-powered inventory forecasting

Wednesday, June 26, 2024/ Editor -  

Share

Home >> Travel, Tourism, Airline and Hotel

Dubai, United Arab Emirates – June 26, 2024: Dubai Airports, the operator of Dubai International (DXB) and Al Maktoum International Airport (DWC), has implemented a groundbreaking demand planning and forecasting initiative that is transforming behind-the-scenes supply management operations. This innovative approach has enhanced service levels, streamlined inventory management, and boosted operational efficiency across the organisation, contributing to a superior experience for airport guests.
 
Over the past year, the introduction of a sophisticated Material Requirement Planning (MRP) tool, powered by artificial intelligence and machine learning, helps the inventory team predict future spare parts consumption. With parts on hand, the team can promptly execute engineering work orders, resulting in quicker maintenance responses and fewer disruptions for airport guests.
 
The MRP tool has improved forecast accuracy by 30%, allowing for precise inventory planning and reducing excess stock by 12%. This optimisation enhances capital utilisation and ensures that resources are available when needed.
 
Emmanuel Augustin, VP of Supply Management at Dubai Airports said, '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.'
 
Improved forecasting has led to a 24% increase in service levels, enabling faster response times for facility maintenance and enhancing the overall guest experience. The reduction of ageing work orders by 82% ensures that maintenance tasks are addressed promptly, minimising downtime and maintaining high standards of airport operations.
 
The automation of the inventory ordering process has improved efficiency by 400%, seamlessly integrating the creation of purchase requisitions and significantly reducing manual workloads.
 
The advanced data analytics provided by the MRP tool have strengthened decision-making processes, allowing Dubai Airports to leverage real-time data for enhanced performance. This has also ensured adherence to new regulations, maintaining the airport's commitment to operational excellence and regulatory compliance.


Previous in Travel, Tourism, Airline and Hotel

Next in Travel, Tourism, Airline and Hotel


Home >> Travel, Tourism, Airline and Hotel Section

Latest Press Release

The manchester city champions 4-in-a-row trophy tour presented by etihad airways ...

Tanishq Unveils the Nav-Raani Collection - A Festive Tribute to Modern Queens

UAE-France Energy Days: Unlocking Artificial Intelligence and Digitalization to ...

Hotel Indigo Dubai Downtown proud to join Forbes Middle East Sustainability Lead ...

Dubai Schools Games Launches 2024-25 Season with Midea as Title Sponsor

Dubai Jewellery Group Unveils Dazzling Diwali Campaign, Offering Customers AED 1 ...

Mohammad Al Gergawi: AMGFC24 cements UAE's role as a global hub for partnerships ...

Dubai Customs innovates: Aramex partners to leverage pioneering “Seamless Inspec ...

Dubai Health Authority Launches Advanced New Version of DHA App to Enhance Custo ...

New gaza food security assessment sees famine risk persisting amid ongoing fight ...

New Hunger Data From Gaza Shows Continued Famine Risk Amid Ongoing Fighting and ...

Dubai Land Department collaborates with Dubai Courts and Digital Dubai to develo ...

Dubai Airports takes wellness to new heights with a month-long campaign

Global Village welcomes guests this Season 29 with a spectacular opening

Dubai T100 triathlon welcomes patronage of h.h. sheikh mansoor bin mohammed bin ...

SLC signs MoU with Financial Audit Authority for legal and institutional coopera ...

H.E. Mubarak Al Mansoori: The UAE is the first Arab country to measure its pens ...

Light up your Diwali with Ambiance by Talata – where every scent tells a story!

Emirates introduces refurbished Boeing 777s to Kuwait and Dammam

Ambiance by Talata Debuts in the UAE