Spare Parts Inventory Management

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Release : 2016-11-25
Genre : Technology & Engineering
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Book Rating : 086/5 ( reviews)

Spare Parts Inventory Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Spare Parts Inventory Management write by Phillip Slater. This book was released on 2016-11-25. Spare Parts Inventory Management available in PDF, EPUB and Kindle. 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.

Spare Parts Inventory Control under System Availability Constraints

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Release : 2015-05-18
Genre : Business & Economics
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Book Rating : 094/5 ( reviews)

Spare Parts Inventory Control under System Availability Constraints - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Spare Parts Inventory Control under System Availability Constraints write by Geert-Jan van Houtum. This book was released on 2015-05-18. Spare Parts Inventory Control under System Availability Constraints available in PDF, EPUB and Kindle. 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.

Service Parts Management

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Release : 2011-03-24
Genre : Technology & Engineering
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Book Rating : 398/5 ( reviews)

Service Parts Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Service Parts Management write by Nezih Altay. This book was released on 2011-03-24. Service Parts Management available in PDF, EPUB and Kindle. 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.

Production Spare Parts

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Release : 2006
Genre : Business & Economics
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Book Rating : 286/5 ( reviews)

Production Spare Parts - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Production Spare Parts write by Eugene C. Moncrief. This book was released on 2006. Production Spare Parts available in PDF, EPUB and Kindle. Covering stocking theory and practice, this compilation of the best techniques and practices for optimizing MRO inventory offers numerous case studies showing the best--and the not-so-best--ways to improve plant inventory performance. Based on practical solutions to everyday inventory problems, it uses simple but useful metrics for setting and monitoring goals.

Cases on Optimizing the Asset Management Process

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Release : 2021-10-15
Genre : Business & Economics
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Book Rating : 453/5 ( reviews)

Cases on Optimizing the Asset Management Process - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cases on Optimizing the Asset Management Process write by González-Prida, Vicente. This book was released on 2021-10-15. Cases on Optimizing the Asset Management Process available in PDF, EPUB and Kindle. It is critical to improve the asset management system implementation as well as economics and industrial decision making to ensure that a business may move smoothly internally. Maintenance management should be aligned to the activities of maintenance in accordance with key business strategies, which must be designed under the comprehensive approach of an asset management process. After transforming the priorities of the business into priorities of maintenance, maintenance managers will use their medium-team strategies to tackle potential weaknesses in the maintenance of the equipment in accordance with these objectives. Cases on Optimizing the Asset Management Process explains and summarizes the processes and the reference frame necessary for the implementation of the Maintenance Management Model (MMM). This book acts as an overview of the current state of the art in asset management, providing innovative tools and practices from the fourth industrial revolution. Presenting topics like criticality analysis, physical asset maintenance, and unified modelling language, this text is essential for industrial and manufacturing engineers, plant supervisors, academicians, researchers, advanced-level students, technology developers, and managers who make decisions in this field.