Multi-Echelon Integrated Inventory Control Strategy of Equipment Spare Parts

2012 ◽  
Vol 605-607 ◽  
pp. 1665-1669
Author(s):  
Hong Qiang Gu ◽  
Cheng Zhang ◽  
Quan Shi
Keyword(s):  
Inventory Control ◽  
Control Strategy ◽  
Control Program ◽  
Control Model ◽  
Spare Parts ◽  
Proposed Model ◽  
Spare Parts Inventory ◽  
Integrated Inventory ◽  
Inventory Control Model ◽  
And Control

Inventory control strategy of spare parts is an effective way to improve equipment support efficiency and scientific and reasonable inventory policy can make spare parts availability reach the upper limit. Multi-echelon integrated inventory control strategy of equipment spare parts is studied. Three-level integrated inventory control model consisting of rear warehouse, equipment using units and spare parts supplier is established according to the architecture and control program of multi-echelon joint inventory. The algorithm of solving the proposed model is analyzed and a numerical example is provided. The proposed equipment spare parts inventory model can improve inventory quality to a certain degree and decrease the contradictions between inventory and maintenance. The correctness and effectiveness of the proposed model are verified by the example, which provides an effective model for equipment spare parts inventory.

Research on Control Model for Spare Parts Inventory Based on the Optimal Replenishment Cycle

2014 ◽  
Vol 519-520 ◽  
pp. 1390-1394
Author(s):  
Jin Dong Gao ◽  
Yong Zhang ◽  
Fang Jun Zhou ◽  
Hong Long Mao
Keyword(s):  
Inventory Control ◽  
Calculation Method ◽  
Demand Forecasting ◽  
Control Model ◽  
Spare Parts ◽  
Demand Characteristic ◽  
Safety Stock ◽  
Numerical Example ◽  
Spare Parts Inventory ◽  
Replenishment Cycle

Control model for spare parts inventory is established based on the optimal replenishment cycle. The replenishment cycle impact on the spare parts inventory control is analyzed as well as the demand forecasting. First, the optimal replenishment cycle is given by using the method of the lowest cost of inventory. Then according to the demand characteristic of the spare parts, the safety stock can be calculated. Finally on the basis of the demand forecasting, the calculation method of spare parts replenishment quantity is given. A numerical example is presented to verify the validity and practicability of the model.

scholarly journals Optimal Acquisition and Inventory Control for a Remanufacturing System

2013 ◽  
Vol 2013 ◽  
pp. 1-7 ◽  
Author(s):  
Zhigang Jiang ◽  
Shuo Zhu ◽  
Hua Zhang ◽  
Yanhong Wang
Keyword(s):  
Inventory Control ◽  
Control Model ◽  
The Other ◽  
Planning And Control ◽  
Holding Cost ◽  
The Difference ◽  
Inventory Control Model ◽  
Added Uncertainty ◽  
And Control ◽  
Disposal Cost

Optimal acquisition and inventory control can often make the difference between successful and unsuccessful remanufacturing. However, there is a greater degree of uncertainty and complexity in a remanufacturing system, which leads to a critical need for planning and control models designed to deal with this added uncertainty and complexity. In this paper, a method for optimal acquisition and inventory control of a remanufacturing system is presented. The method considers three inventories, one for returned item and the other for serviceable and recoverable items. Taking the holding cost for returns, recoverable and remanufactured products, remanufacturing cost, disposal cost, and the loss caused by backlog into account, the optimal inventory control model is established to minimize the total costs. Finally, a numerical example is provided to illustrate the proposed methods.

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