Improving Spare Parts Inventory Management
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Improving Spare Parts Inventory Management
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Author : Yi Linn Teo
language : en
Publisher:
Release Date : 2013
Improving Spare Parts Inventory Management written by Yi Linn Teo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Inventory control categories.
Improved Spare Parts Inventory Management
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Author : Leo W. G. Strijbosch
language : en
Publisher:
Release Date : 1998
Improved Spare Parts Inventory Management written by Leo W. G. Strijbosch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Inventories categories.
Smart Inventory Solutions
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Author : Phillip Slater
language : en
Publisher: Industrial Press Inc.
Release Date : 2010
Smart Inventory Solutions written by Phillip Slater and has been published by Industrial Press Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
Engineers and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices. This practical book delivers just that. This new edition will help you get the right parts, in the right place, at the right time, for the right reason. Fully revised, it provides specific coverage of the issues faced in, and requirements for, managing engineering materials and spare parts and what to do to improve your results. It includes 29 exclusive examples and real life case studies to demonstrate the application of the concepts and ideas so that you will easy and quickly understand how to implement them. What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your efforts for greatest effect, and Who to involve in taking action. The concepts, ideas, tools, and processes in this book have helped many companies achieve and sustain results that other inventory tools and approaches just could not match. And it is sure to help you achieve true inventory optimization as well! Features The second edition includes... A new chapter on The Mechanics of Inventory Management, a pragmatic review of the management of inventory including... Introducing the Materials and Inventory Management Cycle, Comparing theoretical and actual inventory outcomes, Discussion on normal and Poisson distribution models, How to determine the re order point, How to determine the re order quantity, and Commentary on Monte Carlo simulation. An expanded chapter on the financial impact of inventory, including a discussion of the key reports that need to be understood. Chapters on the influence of policies, procedures, and people. Additional discussion on issues faced and how to address them. An expansion of the central process discussed in the first edition to a more comprehensive review process...Inventory Process(TM) Optimization. An expanded section on executing an inventory review program. A closing 'where to from here' chapter. 57 figures and diagrams - 30 of them new and the others all revised and updated and six new tables (with 8 in total). Eight new checklists - specifically included as a new tool for the reader and is the result of direct reader requests. An expanded glossary.
Spare Parts Inventory Management
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Author : Phillip Slater
language : en
Publisher:
Release Date : 2016-11-25
Spare Parts Inventory Management written by Phillip Slater and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-25 with Technology & Engineering categories.
Overview No previous works have focused on the topic of inventory reduction and optimization to the extent that this one does. Spare Parts Inventory Management: A Complete Guide to Sparesology(tm) by Philip Slater covers the whole part's life cycle, from initial purchase to final disposal, and addresses issues throughout, including maintenance, repair, and overhaul (MRO). The author, Phillip Slater, was described in a recent podcast as "truly one of the leaders in the MRO information segment." Sparesology is a term coined by Slater to describe the discipline of optimizing the physical, financial, and human resource management processes of spare parts inventory management. Sparesology is much more than just inventory optimization. It involves an understanding of the complete "ecosystem," within which the spare parts inventory is managed, and seeks to ensure that all of the factors influencing this management work together to achieve an organization's goals.
Service Parts Management
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Author : Nezih Altay
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-03-24
Service Parts Management written by Nezih Altay and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-24 with Technology & Engineering categories.
With the pressure of time-based competition increasing, and customers demanding faster service, availability of service parts becomes a critical component of manufacturing and servicing operations. Service Parts Management first focuses on intermittent demand forecasting and then on the management of service parts inventories. It guides researchers and practitioners in finding better management solutions to their problems and is both an excellent reference for key concepts and a leading resource for further research. Demand forecasting techniques are presented for parametric and nonparametric approaches, and multi echelon cases and inventory pooling are also considered. Inventory control is examined in the continuous and periodic review cases, while the following are all examined in the context of forecasting: • error measures, • distributional assumptions, and • decision trees. Service Parts Management provides the reader with an overview and a detailed treatment of the current state of the research available on the forecasting and inventory management of items with intermittent demand. It is a comprehensive review of service parts management and provides a starting point for researchers, postgraduate students, and anyone interested in forecasting or managing inventory.
Improving The Army S Management Of Reparable Spare Parts
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Author : John R. Folkeson
language : en
Publisher: Minnesota Historical Society
Release Date : 2005
Improving The Army S Management Of Reparable Spare Parts written by John R. Folkeson and has been published by Minnesota Historical Society this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with History categories.
An integrative approach to improving the responsiveness, reliability, and efficiency of the Army's inventory-management and component-repair processes. Three key issues are identified: (1) impact of uncertainty and variability in customer demands on long-term planning; (2) need for near-term replanning for execution; and (3) inability of repair responsiveness to meet changing requirements. Alternatives for improving both planning and repair activities are presented, and it is suggested that a pilot effort be undertaken to develop and test alternative approaches.
Maintenance And Spare Parts Management
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Author : P. GOPALAKRISHNAN
language : en
Publisher: PHI Learning Pvt. Ltd.
Release Date : 2013-04-08
Maintenance And Spare Parts Management written by P. GOPALAKRISHNAN and has been published by PHI Learning Pvt. Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-08 with Technology & Engineering categories.
This well-received text, designed for the students of MBA, BTech (Mechanical Engineering and Industrial and Production Engineering) and MTech (Industrial Engineering and Management), has been revised and reorganized in its second edition. The book, divided into six sections, deals with the concepts of core maintenance and related auxiliary functions, core spares issues, related auxiliary spares functions, caselets and policy cases. This research-based study attempts to impart a comprehensive knowledge of maintenance and spare parts management, particularly in the Indian context. Illustrations, tables, caselets, cases and presentation of several topics in A-Z points add pedagogic value to the text.
Defense Inventory
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Author : United States Government Accountability Office
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-01-22
Defense Inventory written by United States Government Accountability Office and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-22 with categories.
Defense Inventory: Management Actions Needed to Improve the Cost Efficiency of the Navy's Spare Parts Inventory
Improving Inventory Control For Slow Moving Spare Parts
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Author : Jie Zhu
language : en
Publisher:
Release Date : 2003
Improving Inventory Control For Slow Moving Spare Parts written by Jie Zhu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
Problems And Solutions On Mro Spare Parts And Storeroom
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Author : Rolly Angeles
language : en
Publisher:
Release Date : 2020-07-25
Problems And Solutions On Mro Spare Parts And Storeroom written by Rolly Angeles and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-25 with categories.
This book is written for industries in search of seeking solutions on their MRO Spare Parts and Storeroom problems. MRO Spare Parts and Storeroom Management is one of the most most neglected maintenance strategies in any maintenance optimization and strategies, which should not be the case. Others say that this is the missing link to any reliability and maintenance improvement. Almost every type of industry whether from manufacturing, processing, pharmaceutical, power plants, mining, construction, aviation, oil and gas have a storeroom in place to keep their spare parts. There are two main goals of MRO Spare Parts and Storeroom, which is quite conflicting. This is to create a balance on minimizing the cost of spares inventory as well as providing all the parts and supplies needed to keep the plant operating. It may sound conflicting or contradicting but thinking about this thoroughly it is really not conflicting if the MRO Storeroom is well managed. The role of maintenance is to make the equipment available. If the equipment fails and the part is not available in the storeroom, the machine becomes idle and operation is halt. On the contrary, we just cannot simply stock every single part of every piece of equipment we have in the plant that is if your industry still wants to remain in business.The items inside the storeroom can range from 1,000 for a small-scale industry to more than 200,000 parts or even more for a large-scale industry. All industries have a place to store and keep spares for their equipment, which is needed for repairs, and Preventive Maintenance activities, but not all industries have knowledge on how to manage their storeroom and spare parts. In fact, MRO storeroom and spare parts is one of the strategies where maintenance can truly save cost big time. In other industries, the problems on MRO Spare Parts are chronic and may have been existed for decades. If industries are serious in improving their storeroom and finding the correct solutions on their MRO Spare Parts and Storeroom, this book is a must read not only for storekeepers but also for maintenance, purchasing, finance, and especially the c-level people to find out what their missing. Here are some of the highlights included in this book.- Provide a decision making process on whether to stock or not to stock parts through a MRO Decision Diagram or Algrothim- What can we do about squirrel stores and how to eliminate them permanently- Learn the basic "Golden Law" on MRO Spare Parts Management- Learn several options on what to do for obsolete parts inside the storeroom.- Learn one option on what to do with non-moving parts- Learn why not all critical parts need to be stock in the storeroom.- Learn several factors to consider before making a decision on whether to stock or not to stock parts in the storeroom- Learn a much better way of determining the minimum quantity to be stored besided min-max and EOQ calculation.- Provide the reader with a step by step roadmap on how to finally improve their MRO Storeroom- Understand who are the best people or function to handle the maintenance storeroom and why- Learn that one of the most important functions of the storekeeper is about maintaining and care for the spare parts.- Understand why improving the storeroom should be done inside and outside the storeroom. - And many more. Majority of the problems on industries can be solved as mentioned in this book if industries are willing to make changes in how they do things in the plant. Industries that achieve a level of World Class Maintenance were not born that way. They were also reactive in the past but the leaders have a change of heart, and propelled their workforce to a new direction so that they can stand off from the rest and compete globally in this fierce world of competition.