AUSTIN, Texas, Oct. 16, 2012 /PRNewswire/ -- Clockwork, a global leader of asset performance management solutions (APM), announced today that Marshall Smith, Vice President of Industry Solutions, will be presenting at the INFORMS 2012 conference in Phoenix, AZ. The session, titled "Applying Analytics to Support Condition Based Maintenance Decisions," includes Smith's presentation, titled "Using CBM Data for Army Aviation Fleet Sparing Optimization," which will highlight how detailed part level data can be analyzed to optimize strategies for inventory and cost reduction.
"I am thrilled to have the opportunity to present to the members of Informatics Rising at their annual conference," stated Smith. "Predictive analytics is key in how organizations from aerospace and defense to energy, and all of those in between, look to make decisions based on the best outcome. By illustrating the work we have done for CBM Army Aviation we are able to further validate the move to predictive analytics and the value it can have on operational effectiveness."
The CBM Army Aviation program example proves that the maximum value is realized when that program is tied to the supply chain supporting the fleet. For years Clockwork has worked with the Army to utilize the results of the company's prognostic analytics solutions to the component and tail number level so that supply chain managers can optimize sparing strategies that best address the expected demands throughout the fleet, from the wholesale level down to the unit level.
To read more about Clockwork's approach visit: http://www.clockwork-solutions.com/technology/
To learn more about the INFORMS conference visit http://www.informs.org/Attend-a-Conference
About INFORMS: The Institute for Operations Research and the Management Sciences (INFORMS) is the largest professional society in the world for professionals in the field of operations research (O.R.), management science, and business analytics. INFORMS serves the scientific and professional needs of Operations Researchers and those in the Management Sciences including educators, scientists, students, managers, and consultants. The Institute serves as a focal point for O.R. professionals, permitting them to communicate with each other and reach out to other professional societies, as well as the varied clientele of the profession's research and practice. To read more visit: http://www.informs.org/
About Clockwork: Clockwork is a global leader of Asset Performance Management (APM) solutions that improve availability and reduce repair parts inventory and maintenance costs of capital intensive assets. The company has years of experience serving the needs of the Aerospace and Defense, Energy, Heavy Machinery and Transportation industries by providing cutting edge solutions to help analyze their data, giving them visibility to each phase of an asset's life cycle, resulting in billions worth of savings. For more information visit www.clockwork-solutions.com.