Abstract

Exploring the major issues in spare inventory management in the EV industry is the main purpose of the study. The current practices and challenges associated with inventory management of spares in the US EV sector have been investigated in this study. A "secondary qualitative data collection" method along with an exploratory approach has been utilised in this study to drive the study in a proper way to achieve a successful outcome. The collected data has been analysed in terms of using a thematic analysis. Objective and research questions specific themes have been generated to analyse the collected secondary data. It has been observed that the EV industry in the US mainly struggles with the issues of providing adequate replaceable batteries to customers due to improper spare inventory management. The old stocks are dumped in the inventories and there is no space to keep new spare parts. The waste production rate is high in the inventories of the EV industry in the US. It has been found that the use of technological innovations like predictive analytics is beneficial in optimising the workflow in managing inventory of spares. The production of hybrid models is beneficial in eliminating the issues faced by customers in getting replaceable batteries. However, it could be concluded that improved spare inventory management is significant in shaping the perceptions of consumers and convincing them to opt for EVs in the US market.

Publication Date

5-13-2024

Document Type

Master's Project

Student Type

Graduate

Degree Name

Engineering Management (ME)

Department, Program, or Center

Industrial and Systems Engineering

Advisor

Amol Gore

Advisor/Committee Member

Muhammed Imran

Campus

RIT Dubai

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