Spare Parts Inventory Optimization Methods

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24220%2F17%3A00004347" target="_blank" >RIV/46747885:24220/17:00004347 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/46747885:24310/17:00004347

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Spare Parts Inventory Optimization Methods

Popis výsledku v původním jazyce

The contribution is focused on optimization of spare parts inventory in organizations. The goal of the long term research of the authors is to reduce the costs related to keep spare parts in the stock. The literature research explains the concept of inventory management, costs and risks associated with that, inventory management models, differentiation of inventory, determination managing inventory levels and the importance of optimizing spare parts inventory for a company operating in a highly competitive environment. The main chapter describes in detail the concept of spare parts inventory management in the selected company with a focus on established processes, the inventory level, parts availability and costs associated with that. As a result of the pilot survey in organizations the pros and cons of the current spare parts inventory management are summarized, so as the recommendations for optimization with the selected methods. Main ideas for stock management and logistics in general for all spare parts inventories are to detect the failure modes that occur on the products and their periodicity and conflict them with bill of material, conflict them with the lead times of the spare parts, calculate the stock reposition point regarding each part and find the optimal method to set the minimum stock limit and re-order point of spare parts.

Název v anglickém jazyce

Spare Parts Inventory Optimization Methods

Popis výsledku anglicky

The contribution is focused on optimization of spare parts inventory in organizations. The goal of the long term research of the authors is to reduce the costs related to keep spare parts in the stock. The literature research explains the concept of inventory management, costs and risks associated with that, inventory management models, differentiation of inventory, determination managing inventory levels and the importance of optimizing spare parts inventory for a company operating in a highly competitive environment. The main chapter describes in detail the concept of spare parts inventory management in the selected company with a focus on established processes, the inventory level, parts availability and costs associated with that. As a result of the pilot survey in organizations the pros and cons of the current spare parts inventory management are summarized, so as the recommendations for optimization with the selected methods. Main ideas for stock management and logistics in general for all spare parts inventories are to detect the failure modes that occur on the products and their periodicity and conflict them with bill of material, conflict them with the lead times of the spare parts, calculate the stock reposition point regarding each part and find the optimal method to set the minimum stock limit and re-order point of spare parts.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

PROCEEDINGS OF THE 13TH INTERNATIONAL CONFERENCE: LIBEREC ECONOMIC FORUM 2017

ISBN

978-80-7494-349-2

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

257-266

Název nakladatele

Technická univerzita v Liberci

Místo vydání

Liberec

Místo konání akce

Liberec

Datum konání akce

1. 1. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000426486500029