Software for spare parts management: decision support

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Maintenance management Edit

We would like to ask to start a discussion (click the discussion tab and then click the plus sign) about the spare parts topic. Please add all your comment over there. If everybody visits this section on a regular base, we can generate some nice ideas for the future.

If you have found interesting information on the net, please add your link below in the section links.

Links Edit

A few links to some webpages that are related to maintenance management: This is a nice site and if you click the play demo button on the left site, you obtain a nice presentation that'll give you some idea of how to manage all you spare parts. For those who are using windows it can maybe be a nice opportunity to download the demo version and experiment a little bit with it. Afterwards you can add you comment over here. This is a spares forecasting tool.

Discussion Edit

go to the following page to discuss the contents of this page or things related to the subject: Talk:Software_for_spare_parts_management:_decision_support

Paper Edit

Analysis of some software packages

Spares Calculator

Description: Spares Calculator is a powerful, accurate and easy-to-use tool that can be used for spare parts management. Stock control is a part of this. The software allows to work out the risk of equipment stock-out. This way it is possible to plan contracts and logistics operations according to the obtained results.

The software package can be used with any component or equipment that has a stable Mean Time Between Failure Graph. The underlaying code is based on a process which is a member of the logarithmic Poisson family. These are the most widely accepted mathematical models for optimizing spares holdings. Features In order to let the software calculate the most optimal number of spare parts in stock, it is necessary to provide to following data: Units in service Daily operating hours Mean Time Between Failure Repair turn around time Unit cost One of the obtained results is a graphical representation of the stock-out-risk versus the number of spare parts. This can provide a general idea about how many parts is advised to keep in inventory. It is even possible to include the “No fault found ratio” in the model. This ratio indicates the percentage of components that will be returned but which are still usable. Of course, general functions like calculating when the next failure is expected, are also available. So the level of decision support you obtain from this software package is support in the numbers of spare parts you should keep in inventory in order to maximize the company's profit. But there is no support about preventive maintenance. It is assumed that a component is used until it is broken.

      • ANDY 26-05-05 :-)

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