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Maintenance And Spare Parts Management
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Book Synopsis Maintenance and Spare Parts Management by : P. GOPALAKRISHNAN
Download or read book Maintenance and Spare Parts Management written by P. GOPALAKRISHNAN and published by PHI Learning Pvt. Ltd.. This book was released on 2013-04-08 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Spare Parts Inventory Management by : Phillip Slater
Download or read book Spare Parts Inventory Management written by Phillip Slater and published by . This book was released on 2016-11-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Asset Maintenance Management in Industry by : Rama Srinivasan Velmurugan
Download or read book Asset Maintenance Management in Industry written by Rama Srinivasan Velmurugan and published by Springer Nature. This book was released on 2021-05-27 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Service Parts Management by : Nezih Altay
Download or read book Service Parts Management written by Nezih Altay and published by Springer Science & Business Media. This book was released on 2011-03-24 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Spare Parts Inventory Control under System Availability Constraints by : Geert-Jan van Houtum
Download or read book Spare Parts Inventory Control under System Availability Constraints written by Geert-Jan van Houtum and published by Springer. This book was released on 2015-05-18 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Surviving the Spare Parts Crisis by : Joel Levitt
Download or read book Surviving the Spare Parts Crisis written by Joel Levitt and published by Industrial Press. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Production Spare Parts by : Eugene C. Moncrief
Download or read book Production Spare Parts written by Eugene C. Moncrief and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Cases on Optimizing the Asset Management Process by : González-Prida, Vicente
Download or read book Cases on Optimizing the Asset Management Process written by González-Prida, Vicente and published by IGI Global. This book was released on 2021-10-15 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Maintenance Strategy by : Anthony Kelly
Download or read book Maintenance Strategy written by Anthony Kelly and published by Elsevier. This book was released on 1997-10 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Devising optimal strategy for maintaining industrial plant can be a difficult task of daunting complexity. This book aims to provide the plant engineer with a comprehensive approach for tackling this problem, that is, for deciding maintenance objectives, formulating equipment life plans and plant maintenance schedules, and others.
Book Synopsis HANDBOOK OF MATERIALS MANAGEMENT by : P. GOPALAKRISHNAN
Download or read book HANDBOOK OF MATERIALS MANAGEMENT written by P. GOPALAKRISHNAN and published by PHI Learning Pvt. Ltd.. This book was released on 2015-01-13 with total page 825 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Handbook of Maintenance Management and Engineering by : Mohamed Ben-Daya
Download or read book Handbook of Maintenance Management and Engineering written by Mohamed Ben-Daya and published by Springer Science & Business Media. This book was released on 2009-07-30 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: To be able to compete successfully both at national and international levels, production systems and equipment must perform at levels not even thinkable a decade ago. Requirements for increased product quality, reduced throughput time and enhanced operating effectiveness within a rapidly changing customer demand environment continue to demand a high maintenance performance. In some cases, maintenance is required to increase operational effectiveness and revenues and customer satisfaction while reducing capital, operating and support costs. This may be the largest challenge facing production enterprises these days. For this, maintenance strategy is required to be aligned with the production logistics and also to keep updated with the current best practices. Maintenance has become a multidisciplinary activity and one may come across situations in which maintenance is the responsibility of people whose training is not engineering. This handbook aims to assist at different levels of understanding whether the manager is an engineer, a production manager, an experienced maintenance practitioner or a beginner. Topics selected to be included in this handbook cover a wide range of issues in the area of maintenance management and engineering to cater for all those interested in maintenance whether practitioners or researchers. This handbook is divided into 6 parts and contains 26 chapters covering a wide range of topics related to maintenance management and engineering.
Book Synopsis Maintenance for Industrial Systems by : Riccardo Manzini
Download or read book Maintenance for Industrial Systems written by Riccardo Manzini and published by Springer Science & Business Media. This book was released on 2009-11-09 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: New, global and extended markets are forcing companies to process and manage increasingly differentiated products with shorter life cycles, low volumes and reduced customer delivery times. In today’s global marketplace production systems need to be able to deliver products on time, maintain market credibility and introduce new products and services faster than competitors. As a result, a new production paradigm of a production system has been developed and a supporting management decision-making approach simultaneously incorporating design, management, and control of the production system is necessary so that this challenge can be effectively and efficiency met. "Maintenance Engineering and its Applications in Production Systems" meets this need by introducing an original and integrated idea of maintenance: maintenance for productivity. The volume starts with the introduction and discussion of a new conceptual framework based on productivity, quality, and safety supported by maintenance. Subsequent chapters illustrate the most relevant models and methods to plan, organise, implement and control the whole maintenance process (reliability evaluation models and prediction, maintenance strategies and policies, spare parts management, computer maintenance management software – CMMS, and total productive maintenance – TPM, etc.). Several examples of problems supported by solutions, and real applications to help and test the reader’s comprehension are included. "Maintenance Engineering and its Applications in Production Systems" will certainly be valuable to engineering students, doctoral and post-doctoral students and also to maintenance practitioners, as well as managers of industrial and service companies.
Book Synopsis Smart Inventory Solutions by : Phillip Slater
Download or read book Smart Inventory Solutions written by Phillip Slater and published by Industrial Press Inc.. This book was released on 2010 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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! Features 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.
Book Synopsis Intermittent Demand Forecasting by : John E. Boylan
Download or read book Intermittent Demand Forecasting written by John E. Boylan and published by John Wiley & Sons. This book was released on 2021-06-02 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis INVENTORY MANAGEMENT by : D. CHANDRA BOSE
Download or read book INVENTORY MANAGEMENT written by D. CHANDRA BOSE and published by PHI Learning Pvt. Ltd.. This book was released on 2006-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventory control is vitally important to almost any type of industry, whether product or service-oriented. Investments in raw materials, spare parts, work-in-progress and finished products are all critical costs of operations which if not controlled can lead to high capital costs, high operating costs, and decreased production efficiency. This book focuses on the problems of materials control in small-scale manufactur-ing industries. It explains how to optimize the available resources with a view to reducing material costs and achieving improved capital turnover. It also analyzes a few selected industries and critically reviews their performance in the area of inventory control. The book is designed as a text on inventory management for postgraduate students pursuing courses in commerce, management, and business studies. It is also suitable for all those studying for professional qualifications such as CA, ICWA, and CS.
Book Synopsis Joint Optimization of Maintenance and Production Policies by : Nidhal Rezg
Download or read book Joint Optimization of Maintenance and Production Policies written by Nidhal Rezg and published by John Wiley & Sons. This book was released on 2014-05-09 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the recent work regarding the different approaches developed in the framework of the joint optimization of intelligent maintenance and production strategies. The originality of these strategies is that they take various constraints into account, including production management, subcontracting environmental degradation, inspection and product quality.
Book Synopsis Maintenance, Modeling and Optimization by : Mohamed Ben-Daya
Download or read book Maintenance, Modeling and Optimization written by Mohamed Ben-Daya and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production costs are being reduced by automation, robotics, computer-integrated manufacturing, cost reduction studies and more. These new technologies are expensive to buy, repair, and maintain. Hence, the demand on maintenance is growing and its costs are escalating. This new environment is compelling industrial maintenance organizations to make the transition from fixing broken machines to higher-level business units for securing production capacity. On the academic front, research in the area of maintenance management and engineering is receiving tremendous interest from researchers. Many papers have appeared in the literature dealing with the modeling and solution of maintenance problems using operations research (OR) and management science (MS) techniques. This area represents an opportunity for making significant contributions by the OR and MS communities. Maintenance, Modeling, and Optimization provides in one volume the latest developments in the area of maintenance modeling. Prominent scholars have contributed chapters covering a wide range of topics. We hope that this initial contribution will serve as a useful informative introduction to this field that may permit additional developments and useful directions for more research in this fast-growing area. The book is divided into six parts and contains seventeen chapters. Each chapter has been subject to review by at least two experts in the area of maintenance modeling and optimization. The first chapter provides an introduction to major maintenance modeling areas illustrated with some basic models. Part II contains five chapters dealing with maintenance planning and scheduling. Part III deals with preventive maintenance in six chapters. Part IV focuses on condition-based maintenance and contains two chapters. Part V deals with integrated production and maintenance models and contains two chapters. Part VI addresses issues related to maintenance and new technologies, and also deals with Just-in-Time (JIT) and Maintenance.
