Inventory Reduction

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Marilyn M. Helms - One of the best experts on this subject based on the ideXlab platform.

  • MRO Inventory Reduction—challenges and management: a case study of the Tennessee Valley Authority
    Production Planning & Control, 2007
    Co-Authors: G. J. Bailey, Marilyn M. Helms
    Abstract:

    Emphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.

  • mro Inventory Reduction challenges and management a case study of the tennessee valley authority
    Production Planning & Control, 2007
    Co-Authors: G. J. Bailey, Marilyn M. Helms
    Abstract:

    Emphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.

  • MRO Inventory Reduction - Challenges and management: A case study of the Tennessee Valley Authority
    Production Planning and Control, 2007
    Co-Authors: G. J. Bailey, Marilyn M. Helms
    Abstract:

    Emphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.\nEmphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.

G. J. Bailey - One of the best experts on this subject based on the ideXlab platform.

  • MRO Inventory Reduction—challenges and management: a case study of the Tennessee Valley Authority
    Production Planning & Control, 2007
    Co-Authors: G. J. Bailey, Marilyn M. Helms
    Abstract:

    Emphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.

  • mro Inventory Reduction challenges and management a case study of the tennessee valley authority
    Production Planning & Control, 2007
    Co-Authors: G. J. Bailey, Marilyn M. Helms
    Abstract:

    Emphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.

  • MRO Inventory Reduction - Challenges and management: A case study of the Tennessee Valley Authority
    Production Planning and Control, 2007
    Co-Authors: G. J. Bailey, Marilyn M. Helms
    Abstract:

    Emphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.\nEmphasis on maintenance, repair, and operations Inventory (or MRO Inventory) can lead to improved Inventory control, reduced operational costs, enhanced productivity, and increased cost accounting accuracy. To review the benefits of MRO Inventory Reduction, as well as highlight the management challenges associated with the process, a case study of the Tennessee Valley Authority (TVA) is presented. TVA is a not-for-profit electric power generation entity. TVA standardised Inventory policies and procedures. Their comprehensive five-year plan included employee training, changes in organisational structure and strategy, reduced MRO inventories and the establishment of new growth drivers. Net Inventory Reductions of $47 million were realised. Suggestions for future MRO Inventory Reductions as well as replication of the management involvement and improvement process in other organisations are included.

Jmj Marco Schutten - One of the best experts on this subject based on the ideXlab platform.

  • Inventory Reduction in spare part networks by selective throughput time Reduction
    International Journal of Production Economics, 2013
    Co-Authors: Van Der Mc Matthieu Heijden, E Elisa M Alvarez, Jmj Marco Schutten
    Abstract:

    We consider combined Inventory control and throughput time Reduction in multi-echelon, multi-indenture spare part networks for system upkeep of capital goods. We construct a model in which standard throughput times (TPTs) for repair and transportation can be reduced at additional costs. We first estimate the marginal impact of TPT Reduction on the system availability. Next, we develop an optimization heuristic for the cost trade-off between TPT Reduction and spare part inventories. In a case study at Thales Netherlands with limited options for TPT Reduction, we find a net saving of 5.6% on spare part inventories. In an extensive numerical experiment, we find a 20% cost Reduction on average compared to standard spare part Inventory optimization. TPT Reductions downstream in the spare part supply chain appear to be the most effective.

Van Der Mc Matthieu Heijden - One of the best experts on this subject based on the ideXlab platform.

  • Inventory Reduction in spare part networks by selective throughput time Reduction
    International Journal of Production Economics, 2013
    Co-Authors: Van Der Mc Matthieu Heijden, E Elisa M Alvarez, Jmj Marco Schutten
    Abstract:

    We consider combined Inventory control and throughput time Reduction in multi-echelon, multi-indenture spare part networks for system upkeep of capital goods. We construct a model in which standard throughput times (TPTs) for repair and transportation can be reduced at additional costs. We first estimate the marginal impact of TPT Reduction on the system availability. Next, we develop an optimization heuristic for the cost trade-off between TPT Reduction and spare part inventories. In a case study at Thales Netherlands with limited options for TPT Reduction, we find a net saving of 5.6% on spare part inventories. In an extensive numerical experiment, we find a 20% cost Reduction on average compared to standard spare part Inventory optimization. TPT Reductions downstream in the spare part supply chain appear to be the most effective.

E Elisa M Alvarez - One of the best experts on this subject based on the ideXlab platform.

  • Inventory Reduction in spare part networks by selective throughput time Reduction
    International Journal of Production Economics, 2013
    Co-Authors: Van Der Mc Matthieu Heijden, E Elisa M Alvarez, Jmj Marco Schutten
    Abstract:

    We consider combined Inventory control and throughput time Reduction in multi-echelon, multi-indenture spare part networks for system upkeep of capital goods. We construct a model in which standard throughput times (TPTs) for repair and transportation can be reduced at additional costs. We first estimate the marginal impact of TPT Reduction on the system availability. Next, we develop an optimization heuristic for the cost trade-off between TPT Reduction and spare part inventories. In a case study at Thales Netherlands with limited options for TPT Reduction, we find a net saving of 5.6% on spare part inventories. In an extensive numerical experiment, we find a 20% cost Reduction on average compared to standard spare part Inventory optimization. TPT Reductions downstream in the spare part supply chain appear to be the most effective.