Maintenance And Spare Parts Management
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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.
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.
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.
Surviving The Spare Parts Crisis
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Author : Joel Levitt
language : en
Publisher: Industrial Press
Release Date : 2017
Surviving The Spare Parts Crisis written by Joel Levitt and has been published by Industrial Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.
The maintenance spare parts business is in turmoil. There have been fundamental changes in the sale, distribution, and storage of spare parts needed to maintain machinery and other physical assets. The key to uptime in manufacturing is managing risk, and Surviving the Spare Parts Crisis: Maintenance Storeroom and Inventory Control by Joel Levitt describes how to evaluate risk in the inventory. Levitt shares knowledge he has gained over more than 30 years of consulting companies and providing training to professionals who are facing problems with their spare parts inventory. His latest book shows how the maintenance department can provide better support to purchasing agents and buyers. It provides dozens of ideas to properly reduce inventory, reduce usage, and save money in parts, all while maintaining service levels. This text is the only one available that not only covers the conventional wisdom, but also deals with the new realities of today's market space. This is an ideal resource for maintenance managers, planners, and engineers; parts specialists; supply chain managers; and anyone involved in purchasing.
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.
Spare Parts Inventory Control Under System Availability Constraints
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Author : Geert-Jan van Houtum
language : en
Publisher: Springer
Release Date : 2015-05-18
Spare Parts Inventory Control Under System Availability Constraints written by Geert-Jan van Houtum and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-18 with Business & Economics categories.
This book focuses on the tactical planning level for spare parts management. It describes a series of multi-item inventory models and presents exact and heuristic optimization methods, including greedy heuristics that work well for real, life-sized problems. The intended audience consists of graduate students, starting scholars in the field of spare parts inventory control, and spare parts planning specialists in the industry. In individual chapters the authors consider topics including: a basic single-location model; single-location models with multiple machine types and/or machine groups; the multi-location model with lateral transshipments; the classical METRIC model and its generalization to multi-indenture systems; and a single-location model with an explicit modeling of the repair capacity for failed parts and the priorities that one can set there. Various chapters of the book are used in a master course at Eindhoven University of Technology and in a PhD course of the Graduate Program Operations Management and Logistics (a Dutch network that organizes PhD courses in the field of OM&L). The required pre-knowledge consists of probability theory and basic knowledge of Markov processes and queuing theory. End-of-chapter problems appear for all chapters, with some answers appearing in an appendix.
Intermittent Demand Forecasting
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Author : John E. Boylan
language : en
Publisher: John Wiley & Sons
Release Date : 2021-06-02
Intermittent Demand Forecasting written by John E. Boylan and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-02 with Medical categories.
INTERMITTENT DEMAND FORECASTING The first text to focus on the methods and approaches of intermittent, rather than fast, demand forecasting Intermittent Demand Forecasting is for anyone who is interested in improving forecasts of intermittent demand products, and enhancing the management of inventories. Whether you are a practitioner, at the sharp end of demand planning, a software designer, a student, an academic teaching operational research or operations management courses, or a researcher in this field, we hope that the book will inspire you to rethink demand forecasting. If you do so, then you can contribute towards significant economic and environmental benefits. No prior knowledge of intermittent demand forecasting or inventory management is assumed in this book. The key formulae are accompanied by worked examples to show how they can be implemented in practice. For those wishing to understand the theory in more depth, technical notes are provided at the end of each chapter, as well as an extensive and up-to-date collection of references for further study. Software developments are reviewed, to give an appreciation of the current state of the art in commercial and open source software. “Intermittent demand forecasting may seem like a specialized area but actually is at the center of sustainability efforts to consume less and to waste less. Boylan and Syntetos have done a superb job in showing how improvements in inventory management are pivotal in achieving this. Their book covers both the theory and practice of intermittent demand forecasting and my prediction is that it will fast become the bible of the field.” —Spyros Makridakis, Professor, University of Nicosia, and Director, Institute for the Future and the Makridakis Open Forecasting Center (MOFC). “We have been able to support our clients by adopting many of the ideas discussed in this excellent book, and implementing them in our software. I am sure that these ideas will be equally helpful for other supply chain software vendors and for companies wanting to update and upgrade their capabilities in forecasting and inventory management.” —Suresh Acharya, VP, Research and Development, Blue Yonder. “As product variants proliferate and the pace of business quickens, more and more items have intermittent demand. Boylan and Syntetos have long been leaders in extending forecasting and inventory methods to accommodate this new reality. Their book gathers and clarifies decades of research in this area, and explains how practitioners can exploit this knowledge to make their operations more efficient and effective.” —Thomas R. Willemain, Professor Emeritus, Rensselaer Polytechnic Institute.
Asset Maintenance Management In Industry
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Author : Rama Srinivasan Velmurugan
language : en
Publisher: Springer Nature
Release Date : 2021-05-27
Asset Maintenance Management In Industry written by Rama Srinivasan Velmurugan and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-27 with Business & Economics categories.
This book introduces readers to essential strategies, practices, and benchmarking for asset maintenance in operations intensive industries. Drawing on a case study from the oil and gas sector, it offers a methodology and practical solutions to help maintenance practitioners select and formulate an asset maintenance strategy, and to establish best maintenance practices at an organizational level using the frameworks developed here. It is intended for industry practitioners, young maintenance professionals, and students of engineering management who aspire to a career in operations intensive industries.
Handbook Of Materials Management
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Author : P. GOPALAKRISHNAN
language : en
Publisher: PHI Learning Pvt. Ltd.
Release Date : 2015-01-13
Handbook Of Materials 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 2015-01-13 with Technology & Engineering categories.
This comprehensive research based, well received book, now in its Second Edition, continues to provide the most complete up-to-date coverage of the materials management discipline. It is the result of intensive and in-depth interactions of the authors with academic community, IIMM professionals as well as senior executives involved in materials, inventory, warehousing, logistics, supply chain, working capital and top management. This title reflects the wealth of experience gained by the authors in India and abroad in training, research, teaching and consultancy. This well-organised comprehensive book clearly analyses all the concepts, processes and applications of Materials Management, Supply Chain Management, Logistics Management, and Multimodal Transport. It covers basic principles and practices concerning these areas as well as to its application in Indian conditions. This textbook describes the concept of integrated materials management with the help of diagrams, charts, photos and solved examples, covering all the aspects of materials management. It provides a number of solved practical problems and examples for better comprehension. The suggestions of practising professionals, academicians and researchers have been appropriately incorporated in this book. An attempt has been made to strike a balance between conceptual frameworks and practical aspects of materials and its management. Intended primarily as a textbook for graduate students pursuing materials management courses in Indian universities, this comprehensive title will also serve as a ready reckoner for the executives practising in areas such as materials, logistics, SCM, purchase, warehousing and inventory management. The students of business management, engineering, Indian Institute of Materials Management (IIMM) diploma and other related programs/courses will find this book extremely useful.
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! 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. Introduction to Smart Inventory Solutions The Mechanics of Inventory Management The Financial Impact of Inventory People and Processes. Policies & Procedures Issues, Myths and a Few Home Truths The Spare Parts Storeroom The 7 Actions for Inventory Reduction Inventory Process Optimization Executions: Taking Action to Achieve Results Case Studies Where to From Here? Bibliography Appendix A: Materials and Inventory Management Glossary Appendix B: Data Collection Questions Index