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Parts Selection and Management

Parts Selection and Management PDF Author: Michael Pecht
Publisher: John Wiley & Sons
ISBN: 0471723878
Category : Technology & Engineering
Languages : en
Pages : 351

Book Description
Increase profitability and reduce risk through effective parts selection and management Corporations recognize that technology can be the key to fueling product design and development. But just as crucial-if not more-to a company's success are the decisions about when, what, and how a technology will be used. Few companies have failed because the right technology was not available; many have failed when a technology was not effectively selected and managed. Parts Selection and Management is a guide to increasing company profitability and reducing the time-to-profit through the efficient management of the process of parts selection and management. Taking an "eyes-on, hands-off" approach to parts selection, this guidebook addresses risk-assessment, decision-making steps, and subsequent management activities. The book covers everything from methodologies for parts selection and management, product requirements and specifications, and manufacturer assessment procedures to ways to track part changes through the supply chain, reliability assessment, and environmental, legislative, and legal issues. Written by a seasoned professional, teacher, and author in the field, the book enables companies to: * Employ effective risk assessment and mitigation techniques * Make an informed company-wide decision about parts selection and management * Choose parts to fit the functionality of the product and other constraints * Maximize system supportability by preparing for parts obsolescence * Improve supply-chain interactions and communications with customers and regulatory agencies to minimize time-to-profit Shedding light on a neglected but essential aspect of product development, Parts Selection and Management will give your organization the tools you need to avoid the risks associated with product use while promoting flexibility, innovation, and creativity in your product development.

Parts Selection and Management

Parts Selection and Management PDF Author: Michael Pecht
Publisher: John Wiley & Sons
ISBN: 0471723878
Category : Technology & Engineering
Languages : en
Pages : 351

Book Description
Increase profitability and reduce risk through effective parts selection and management Corporations recognize that technology can be the key to fueling product design and development. But just as crucial-if not more-to a company's success are the decisions about when, what, and how a technology will be used. Few companies have failed because the right technology was not available; many have failed when a technology was not effectively selected and managed. Parts Selection and Management is a guide to increasing company profitability and reducing the time-to-profit through the efficient management of the process of parts selection and management. Taking an "eyes-on, hands-off" approach to parts selection, this guidebook addresses risk-assessment, decision-making steps, and subsequent management activities. The book covers everything from methodologies for parts selection and management, product requirements and specifications, and manufacturer assessment procedures to ways to track part changes through the supply chain, reliability assessment, and environmental, legislative, and legal issues. Written by a seasoned professional, teacher, and author in the field, the book enables companies to: * Employ effective risk assessment and mitigation techniques * Make an informed company-wide decision about parts selection and management * Choose parts to fit the functionality of the product and other constraints * Maximize system supportability by preparing for parts obsolescence * Improve supply-chain interactions and communications with customers and regulatory agencies to minimize time-to-profit Shedding light on a neglected but essential aspect of product development, Parts Selection and Management will give your organization the tools you need to avoid the risks associated with product use while promoting flexibility, innovation, and creativity in your product development.

By the Numbers

By the Numbers PDF Author: Gary J Naples
Publisher: SAE International
ISBN: 156091520X
Category : Business & Economics
Languages : en
Pages : 228

Book Description
Many parts managers underestimate the business management expertise, combined with parts knowledge, that is required to efficiently operate a parts department. Author Gary Naples brings twenty years of parts management experience to By the Numbers: Principles of Automotive Parts Management. This book presents basic parts management principles, along with business and personnel management techniques, in an easy-to-understand format. Each chapter begins with an "illustrative case" which describes a typical situation (pertinent to the chapter's theme) that could occur in "real-world" parts departments.

Parts Selection and Management

Parts Selection and Management PDF Author: Zhenya Huang
Publisher:
ISBN:
Category :
Languages : en
Pages : 138

Book Description


Parts Management for High-reliability Applications

Parts Management for High-reliability Applications PDF Author: Margaret Ann Jackson
Publisher:
ISBN:
Category :
Languages : en
Pages : 148

Book Description


Spare Parts Inventory Management

Spare Parts Inventory Management PDF Author: Phillip Slater
Publisher:
ISBN: 9780831136086
Category : Technology & Engineering
Languages : en
Pages : 0

Book Description
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.

Parts Management Models and Applications

Parts Management Models and Applications PDF Author: Sameer Kumar
Publisher: Springer Science & Business Media
ISBN: 0387273158
Category : Technology & Engineering
Languages : en
Pages : 229

Book Description
Parts are commonly used in making, repairing or maintaining consumer or industry products. Parts could be purchased or manufactured by a business enterprise. Advance models were applied to parts operations for manufacturers of transport refrigeration equipment and high-pressure positive displacement plunger pumps. Both companies have an established network of dealers for sales and service of equipment and parts. A number of areas in the parts business operation were researched which show the potential for improved operational efficiency and customer service that increase market share when advanced process models were used to integrate the supply chain. This book covers the subject of parts management through: (1) an introduction to areas of parts business operation with potential for substantial improvements and overview of various models proposed in Chapter 1; (2) quantitative effects on customer service level of inventory miscount and lead time variability and methods to reduce these factors in Chapter 2; (3) optimal division of items based on economics within a two-level distribution system; which items should be serviced through dealers and which items directly by the company to end-customers in Chapters; (4) optimal ordering procedures for a multi-item common supplier system with either constant or random demand rates for various items in Chapter 4; Vll viii Parts Management Models and Applications (5) attribute based classification scheme to promote standardization of design and manufacturing techniques for expediting product development and control design proliferation in Chapters 5 and 6; (6) knowledge base management to enhance manufacturing operations effectiveness in Chapter 7;

Counterman's Guide to Parts and Service Management

Counterman's Guide to Parts and Service Management PDF Author: Gary Molinaro
Publisher: Cengage Learning
ISBN: 9780827336292
Category : Automobile supplies industry
Languages : en
Pages : 0

Book Description
This comprehensive text covers the entire spectrum of parts and service management. Manual cataloging is thoroughly discussed, as well as the widely used electronic cataloging and inventory systems including the Triad Laser-Cat system. The text contains numerous suggested activities, ASE requirements and includes a Triad Laser-Cat tutorial diskette. ALSO AVAILABLE INSTRUCTOR SUPPLEMENTS CALL CUSTOMER SUPPORT TO ORDER Instructor's Guide, ISBN: 0-8273-3630-6

Spare Parts Inventory Control under System Availability Constraints

Spare Parts Inventory Control under System Availability Constraints PDF Author: Geert-Jan van Houtum
Publisher: Springer
ISBN: 1489976094
Category : Business & Economics
Languages : en
Pages : 227

Book Description
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.

Service Parts Planning with SAP SCMTM

Service Parts Planning with SAP SCMTM PDF Author: Jörg Thomas Dickersbach
Publisher: Springer
ISBN: 3662454335
Category : Business & Economics
Languages : en
Pages : 466

Book Description
This book focusses on the after sales business and presents the Service Parts Planning (SPP) solution which was developed by SAP in a joint effort with Caterpillar and Ford in order to address the specific planning problems of service parts. The book explains the processes, structures, and functions of this solution and is targeted at decision makers, project members and project managers who are involved in an implementation of SAP Service Parts Planning or for users who want to gain a better understanding of the state of art in spare parts planning and the SAP Service Parts Planning software.

Smart Inventory Solutions

Smart Inventory Solutions PDF Author: Phillip Slater
Publisher: Industrial Press Inc.
ISBN: 9780831134013
Category : Business & Economics
Languages : en
Pages : 276

Book Description
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.