International Journal of Logistics Research and Applications · 2003 · 10 citations · 12 references
ManagementIndustrial EngineeringOperations ManagementForecastingInventory ManagementLogistics ManagementInventory ForecastingMulti-echelon Inventory ControlMulti-echelon Inventory ManagementMulti-echelon Inventory SystemsSpare Parts Inventory ManagementSpare Parts ManagementMulti-echelon Inventory ModelsRepairable Systems ModelsSpare Parts ClassificationSpare Parts Demand ForecastingSpare Parts InventorySpare Parts Inventory ControlSpare Parts Inventory OptimizationSpare Parts Planning
Spare parts optimisation requires an integrated approach that starts with the removal of factors that create noise: bad coding, resulting in parts proliferation; lack of classification and thus of focus; poor network practices (uncoupled warehouses, poor relation with key suppliers); and poor data integrity (non-centralised, non-real time data). Emphasis is also placed on improving forecasts and the application of multi-echelon inventory models for repairable items. The METRIC model is then applied to a hypothetical and two real cases, an underground system and a mobile telephone company in Venezuela.
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