Literature Review Related to Spare Parts Demand Forecasting and Inventory Management

In the modern production and operation system, spare parts demand forecasting and inventory management play a crucial role in maintaining the continuity of enterprise production and controlling operation costs. This article reviews the methods of spare parts demand forecasting and inventory management in sup-ply chain management, sorts out the current theoretical and practical achieve-ments in the research fields of demand forecasting and inventory man-agement in the supply chain, analyzes the current research status, and provides refer-ences for subsequent research and enterprise decision - making.