Spare parts inventory software maintenance inventory. The appropriate inventory management is of critical importance in every industry. Publishers pdf, also known as version of record includes final page, issue and. Efficient aircraft spare parts inventory management under demand uncertainty abstract. Spare parts planning and control for maintenance operations.
Use the inventory management app on your tablet or smartphone. Establishing a spare parts inventory management system failing to understand this has consequences for complimentary access to this article and video, plus our entire blog archive, register using the. Sparesology is a term coined by slater to describe the discipline of optimizing. Efficient spare parts management 8 rules preventive maintenance smooth sp processes segment your sp portfolio assess criticality good forecasting special methods for intermittent demand items life cycle thinking good information system 60. Spare parts, maintenance and operating supplies comprises of all variety of parts and materials essential to uphold the production assets in acceptable operating condition so as to accomplish desired production results in terms of quality, quantity. Spare parts inventory management and optimization simo skf. The author, phillip slater, was described in a recent podcast as truly one of the leaders in the mro information segment. This study determines an adequate inventory management policy for spare parts, specifically for unplanned maintenance operations taken into account the agreed. Spare parts, stock and inventory management in your cmms. Spare parts inventory management and optimization simo. Spare parts logistics at a glance integrated global contract logistics services, including all aspects of logistics planning, control and implementation scalable standard components.
Spare parts, maintenance and operating supplies comprises of all variety of parts and materials essential to uphold the production assets in acceptable operating condition so as to accomplish desired. A spare part inventory management model for better. Efficient spare parts management 8 rules preventive maintenance processes without problems segment your sp portfolio assess the. Spare parts inventory management plays an important role in many industries, such as airline, trucking, and manufacturing industries.
Experts estimate that organizations can save between 510% on their yearly spare parts inventory costs with a maintenance management program aka cmms software. A new approach to spare parts inventory management gep. Spares inventory management and optimization simo is an skf process that consists of a systematic approach to reducing spares inventory costs. Multicriteria classification for spare parts management. Spare parts inventory management plays an important role in many industries.
The focus of our parts and logistics organization is to provide on time, accurate and convenient service. Unique aspects of spare parts inventory management for transportation can. To excel in spareparts service management, companies need to create processes that guarantee a number of things, especially accurate information on inventory that is available to ship, easy ordering. Vereecke and verstraeten, 1994 and small improvements in spare parts. Spare parts inventory management system maintenance, repair and operations mro inventory are the supplies used to maintain facilities, plants, manufacturing lines and more. The company must demonstrate a reasonable need for oemauthorization in order for. Spare parts are interchangeable parts that are kept in an inventory and. Basics of spare parts management s spare parts and services account for 8 percent of the annual gross domestic product in the united states.
The aim of this paper is to propose and discuss a h ier rchical multicriteria spare parts classificati on method developed for inventory management purposes and tes ted through an intensive case study in. A spare parts list is used to document the entire inventory or the spare parts of any machinery. While maintaining an appropriate spares inventory is essential for production, reducing. Various topics are addressed concerning spare parts, such as inventory control, demand.
Spare parts management is about, how spare parts handling must be systematized and structured to enable efficient inventory management that leads to improved availability and reduces the amount of. All procurement requests for spare parts were routed through the system and approved. Demand forecasting and inventory management for spare parts. Production, logistics and operations management at the university of twente. Smartturn created this ebook for business owners, logistics professionals, accounting staff, and procurement managers responsible for.
The spare parts inventory is a necessity to ensure the continuity of services. Spare parts are essential in ensuring proper operation of this system of maintenance by replacing parts, and so they also a ect daily services provided by equipment such as public transportation rolling stock, aircraft health care mri scanners, and military operations military equipment and weapon systems. S spare parts management embraces three different kinds of service spare parts. Spare parts inventory management system software emaint. Benefits of oemauthorized spare parts inventory management. This thesis is delimited to spare parts management and inventory. With a clear, easy to read, style, spare parts inventory management. Inventory management is complex due to the large number of different items and low demands. Theory of spare parts inventory management for production equipment 41 faults of parts are usually dependent on each other, what means that failure of one element may be the result of dysfunction of. Spare parts inventory management by slater, phillip ebook. Practical spare part management is the foundation for reliable plant operation and is crucial to a plant managers success. Having spare parts readily available reduces downtime but enterprise procurement teams. Equipment failures can lead to production downtimes, which can cost businesses millions of dollars in losses. The use of classification schemes as a spare parts management tool represents a popular approach in industrial world.
Appropriate preparation and management of spare parts inventory is a significant module of an effective spare parts management program. As plant manager, you need to know how to determine which. In industrial contexts the proportion of the stock range that is devoted to spare parts is often considerable e. Technicians can add spare parts to work orders manually. Proactive and efficient spare parts inventory management policies. The focus of our parts and logistics organization is to provide on time, accurate and. Lost spare parts documentation only paperbased archiving. Evaluating effective spareparts inventory management for. Specifically, rrd used an inventory management system that was custom created to specifically manage its inventory. A replacement part is then automatically, if desired, ordered and delivered to your location. Vereecke and verstraeten, 1994 and small improvements in spare parts management.
Spare parts inventory are needed for maintenance and repair of final products, vehicles, industrial machines and equipments, frequently requiring high investments and significantly affecting customer. Spare parts inventory management software reduce spare parts inventory shortages, increase storage space, and decrease high ordering costs. Spare parts management, classification, riskanalysis, maintenance. S spare parts management is the process of planning and aligning service parts inventories, resources and processes to ensure optimal customer service and response with minimal risk and cost. Vereecke and verstraeten, 1994 and small improvements in spare parts management may be translated to substantial cost savings eaves. Oracle spares management helps reduce inventory costs by providing logistics and planning features that directly address the selection and delivery of spare parts to field locations. Spare parts inventory management using quantitative and. It is an important document used by most of the businesses dealing with the machinery or. For example, ways to 161 restore the functionality of an its equipment that has a broken part include to 162 repair o replace the part. Efficient aircraft spare parts inventory management under. Company demonstrates a reasonable need for oemauthorized spare parts inventory management. Our spare parts inventory management best practice analysis tool is an operational selfassessment tool for evaluating your companys current capabilities with spare parts inventory management and identifying the gaps with best practice. Abb can provide you with a customized spare parts package or spare parts consignment kit for your automation system. Warehousing insufficient identification of spare parts in the warehouse.
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