EFFECTIVE INVENTORY MANAGEMENT IN THE MAINTENANCE DEPARTMENT Cover Image

EFFECTIVE INVENTORY MANAGEMENT IN THE MAINTENANCE DEPARTMENT
EFFECTIVE INVENTORY MANAGEMENT IN THE MAINTENANCE DEPARTMENT

Author(s): Dana Strachotova, Jakub Dyntar, Petra Zemanova
Subject(s): Social Sciences, Economy, Business Economy / Management
Published by: Univerzita J. Selyeho, Fakulta ekonómie a informatiky
Keywords: Spare parts; inventory management; maintenance;

Summary/Abstract: The aim of the contribution is to determine the economic potential of maintenance in the inventory management of spare parts and materials used in maintenance. The partial aim is to propose the action plan steps needed to achieve the identified potential. This process is presented when applying in corporate practice. Optimization methods were used for inventory management optimization using the Planning Wizard software application. Inventory management system provides integrated platform for analysing of large amounts of spares and material inventory data. System analyses character of every item with respect to specific supplier lead times, variability of the supply, variability of the consumption and other parameters influencing inventory levels. The solution respects sporadic consumption of some spare parts and subjective evaluation of responsible specialists.

  • Issue Year: 7/2018
  • Issue No: 1
  • Page Range: 121-130
  • Page Count: 10
  • Language: English