Skip to main content

Spare Parts Inventory Management Using Quantitative and Qualitative Classification

  • Conference paper
  • First Online:
Engineering Systems and Networks

Abstract

This paper focuses on the spare parts inventory management of a maintenance provider of the health sector, where the commitment to ensure the agreed customer service level and the guarantee of maximum availability of the devices are relevant issues. Spare parts inventory management requires working with erratic and uncertain demand. As in the most cases, there is a high sporadic pattern in the demand characterized by low demand average rates, it is quite difficult to ensure that the right spare part is at the right place, at the right time and at the right quantity. This study determines an adequate inventory management policy for spare parts, specifically for unplanned maintenance operations taken into account the agreed customer service level. Considering that the criticality of a spare part has consequences regarding the availability of an equipment and service level agreement, the spare parts were classified in terms of quantity, value of usage and criticality. Based on this classification, differentiated service levels and inventory management policies were adopted for each group.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

References

  • Axsäter S (1996) Using the deterministic EOQ formula in stochastic inventory control. Manage Sci 42:830–834

    Article  MATH  Google Scholar 

  • Axsäter S (2006) Single-echelon systems: reorder points inventory control. Springer, New York, pp 77–128

    Google Scholar 

  • Ballou RH (2004) Business logistics/supply chain management: planning, organizing, and controlling the supply chain. Pearson Prentice Hall, Upper Saddle River

    Google Scholar 

  • Bošnjaković M (2010) Multicriteria inventory model for spare parts. Tehnički vjesnik 17:499–504

    Google Scholar 

  • Celebi D, Bayraktar D, Aykac DSO (2008) Multi criteria classification for spare parts inventory. Paper presented at the 38th computer and industrial engineering conference

    Google Scholar 

  • De Felice F, Falcone D, Forcina A, Petrillo A, Silvestri A (2014) Inventory management using both quantitative and qualitative criteria in manufacturing system. Paper presented at the 19th World Congress The International Federation of Automatic Control

    Google Scholar 

  • Dekker R, Kleijn MJ, de Rooij PJ (1998) A spare parts stocking policy based on equipment criticality. Int J Prod Econ 56:69–77

    Article  Google Scholar 

  • Huiskonen J (2001) Maintenance spare parts logistics: special characteristics and strategic choices. Int J Prod Econ 71:125–133

    Article  Google Scholar 

  • Kennedy WJ, Wayne Patterson J, Fredendall LD (2002) An overview of recent literature on spare parts inventories. Int J Prod Econ 76:201–215

    Article  Google Scholar 

  • Porter ME (1985) Competitive advantage: creating and sustaining superior performance. Free Press, Collier Macmillan, New York, London

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Clara Bento Vaz .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2017 Springer International Publishing Switzerland

About this paper

Cite this paper

Oliveira, F., Vaz, C.B. (2017). Spare Parts Inventory Management Using Quantitative and Qualitative Classification. In: Amorim, M., Ferreira, C., Vieira Junior, M., Prado, C. (eds) Engineering Systems and Networks. Lecture Notes in Management and Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-45748-2_25

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-45748-2_25

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-45746-8

  • Online ISBN: 978-3-319-45748-2

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics