Having spare parts readily available reduces downtime but enterprise procurement teams. In industrial contexts the proportion of the stock range that is devoted to spare parts is often considerable e. All procurement requests for spare parts were routed through the system and approved. 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. Inventory management is complex due to the large number of different items and low demands.
It is an important document used by most of the businesses dealing with the machinery or. Efficient spare parts management 8 rules preventive maintenance processes without problems segment your sp portfolio assess the. A spare parts list is used to document the entire inventory or the spare parts of any machinery. As plant manager, you need to know how to determine which.
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. Publishers pdf, also known as version of record includes final page, issue and. Vereecke and verstraeten, 1994 and small improvements in spare parts management. Equipment failures can lead to production downtimes, which can cost businesses millions of dollars in losses. Multicriteria classification for spare parts management. Spare parts inventory management using quantitative and qualitative classification oliveira1, vaz2 abstract this paper focuses on the spare parts inventory management of a maintenance provider of. Efficient aircraft spare parts inventory management under demand uncertainty abstract. Benefits of oemauthorized spare parts inventory management. Various topics are addressed concerning spare parts, such as inventory control, demand.
Unique aspects of spare parts inventory management for transportation can. Spares inventory management and optimization simo is an skf process that consists of a systematic approach to reducing spares inventory costs. Technicians can add spare parts to work orders manually. Vereecke and verstraeten, 1994 and small improvements in spare parts management may be translated to substantial cost savings eaves. 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. Spare parts logistics making every single part count. Spare parts logistics at a glance integrated global contract logistics services, including all aspects of logistics planning, control and implementation scalable standard components.
A new approach to spare parts inventory management gep. 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. Proactive and efficient spare parts inventory management policies. 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. 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. Warehousing insufficient identification of spare parts in the warehouse. Spare parts inventory software maintenance inventory. 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. 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. Sparesology is a term coined by slater to describe the discipline of optimizing. Abb can provide you with a customized spare parts package or spare parts consignment kit for your automation system. Basics of spare parts management s spare parts and services account for 8 percent of the annual gross domestic product in the united states. Spare parts inventory management system maintenance, repair and operations mro inventory are the supplies used to maintain facilities, plants, manufacturing lines and more.
A spare part inventory management model for better. S spare parts management embraces three different kinds of service spare parts. Practical spare part management is the foundation for reliable plant operation and is crucial to a plant managers success. Company demonstrates a reasonable need for oemauthorized spare parts inventory management. The focus of our parts and logistics organization is to provide on time, accurate and convenient service. Spare parts, stock and inventory management in your cmms. Appropriate preparation and management of spare parts inventory is a significant module of an effective spare parts management program. Vereecke and verstraeten, 1994 and small improvements in spare parts. 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, 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. Demand forecasting and inventory management for spare parts.
Spare parts inventory management system software emaint. The focus of our parts and logistics organization is to provide on time, accurate and. The key elements of a spare parts management system. Spare parts inventory management software reduce spare parts inventory shortages, increase storage space, and decrease high ordering costs. The spare parts inventory is a necessity to ensure the continuity of services. Specifically, rrd used an inventory management system that was custom created to specifically manage its inventory. Spare parts, stock and warehouse management is often associated with a companys performance as well as with its. Spare parts inventory management plays an important role in many industries. Use the inventory management app on your tablet or smartphone. Evaluating effective spareparts inventory management for. Spare parts are interchangeable parts that are kept in an inventory and. Spare parts management maintenance manual, maintmaster.
The appropriate inventory management is of critical importance in every industry. With a clear, easy to read, style, spare parts inventory management. Production, logistics and operations management at the university of twente. 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. Spare parts management, classification, riskanalysis, maintenance. 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. The company must demonstrate a reasonable need for oemauthorization in order for. This study determines an adequate inventory management policy for spare parts, specifically for unplanned maintenance operations taken into account the agreed. 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 satisfaction. While maintaining an appropriate spares inventory is essential for production, reducing. Lost spare parts documentation only paperbased archiving. 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.
Smartturn created this ebook for business owners, logistics professionals, accounting staff, and procurement managers responsible for. Spare parts inventory management by slater, phillip ebook. Spare parts planning and control for maintenance operations. The use of classification schemes as a spare parts management tool represents a popular approach in industrial world. The author, phillip slater, was described in a recent podcast as truly one of the leaders in the mro information segment. 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. Spare parts inventory management and optimization simo. Spare parts inventory management and optimization simo skf. This thesis is delimited to spare parts management and inventory. 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. Efficient aircraft spare parts inventory management under.
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