Managing the maintenance inventory of a cement manufacturer

Journal of Transport and Supply Chain Management

 
 
Field Value
 
Title Managing the maintenance inventory of a cement manufacturer
 
Creator Eloff, Morne Carstens, Stephen
 
Subject Logistics (maintenance inventory management) Maintenance inventory; risk-based
Description Inventory management is a crucial aspect of managing a company successfully. This is even more apparent in the case of maintenance inventories for production equipment, which impact directly on production equipment efficiency. This is a typical inventory management issue for a cement manufacturer that faces the problem of managing its maintenance inventories optimally when certain maintenance items have exceptionally long lead times (100 weeks) and values in excess of R500 000. An assessment of the cement manufacturer’s approach to managing its maintenance inventories indicated various shortcomings, which have resulted in a significant level of obsolescence. One approach to managing maintenance inventories efficiently is to implement a classification of the inventory items in terms of their criticality to the cement production process. The critical nature of a component could be established through a risk-based approach (minimisation of the risk of production loss) and taking into account the type of maintenance (planned vs unplanned) that the component is required for. A risk-based approach should form the basis of the maintenance inventory management of the cement manufacturer as this would allow the cement manufacturer to utilise other inventory management methods effectively. In addition, it is important to ensure that employees are well versed in the different inventory management approaches utilised and that high levels of integration between departments are pursued.
 
Publisher AOSIS
 
Contributor
Date 2013-11-20
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion — Questionnaire
Format text/html application/octet-stream text/xml application/pdf
Identifier 10.4102/jtscm.v7i1.104
 
Source Journal of Transport and Supply Chain Management; Vol 7, No 1 (2013); 7 pages 1995-5235 2310-8789
 
Language eng
 
Relation
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https://jtscm.co.za/index.php/jtscm/article/view/104/178 https://jtscm.co.za/index.php/jtscm/article/view/104/179 https://jtscm.co.za/index.php/jtscm/article/view/104/180 https://jtscm.co.za/index.php/jtscm/article/view/104/177
 
Coverage — — —
Rights Copyright (c) 2013 Morne Eloff, Stephen Carstens https://creativecommons.org/licenses/by/4.0
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