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Old 5th August 2012 | 14:03
  #18 (permalink)  
tornadoken
 
Joined: Nov 2005
Posts: 378
Likes: 2
From: london
This is an easy and unfair target. Procurers are on a hiding to nothing.

Economic Order Quantity theory is in Module 101 of any logistics/purchasing course. Do not instruct the supplier to build a batch of quantity 1. Transaction expense will result in the £1,000 nut or bolt. But do not buy a life-of-type spares package...until any urge to modify the kit has lapsed. So the hapless buyer orders a couple of year's usage...and the usage rate changes, such as to zero - see Harrier/Nimrod sudden out-of-service.

Excess stock is always better than nil stock.
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