www.lums.lancs.ac.uk/forecasting Forecasting Centre Success Stories PROJECT SUMMARIES Forecasting for Spare Parts by TecCMI Executive Summary This project was conducted for TMD Friction, which is the biggest brake friction material manufacturer in the world. The company is facing the spare parts market and using the software, TecCMI, to forecast and maintain inventory. The main objective of this project is to optimize the inventory

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