• DocumentCode
    1831964
  • Title

    Study on pare parts inventory control by quantitative analysis in the environment of erp system

  • Author

    Wen-Yong, Zhou ; Ying, Xu ; Bing, Shen

  • Author_Institution
    Sch. of Manage. & Econ., Tongji Univ., Shanghai, China
  • Volume
    5
  • fYear
    2011
  • fDate
    13-15 May 2011
  • Firstpage
    259
  • Lastpage
    263
  • Abstract
    The spare parts inventory control is a necessary condition for equipments´ safe and stable operation, which has a direct impact on enterprises´ operation and economic benefits. With the development of information systems, the application of ERP in management activities provides a platform for inventory management. This paper combines the thought of ERP with spare parts inventory control, summarizes the general characteristics of spare parts management, and using quantitative analysis of inventory theory, discusses the spare parts inventory control model with certain and uncertain factors respectively; and then discusses the method application in the enterprise´s ERP system. Moreover, cases of air segregation plant using ERP combined with pare parts quantitative inventory control method is discussed and evaluated by performance appraisal. The achievement of the article will guide enterprises´ management related to spare parts inventory control, and provides Chinese enterprises with a new approach to improve on spare parts inventory control in the environment of ERP system.
  • Keywords
    enterprise resource planning; stock control; ERP system; air segregation plant; information systems; inventory management; inventory theory; quantitative analysis; spare parts inventory control; Atmospheric modeling; Inventory control; Materials; Materials requirements planning; Mathematical model; Safety; Air Segregation Plant; Inventory Control; Spare Parts Stock;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Business Management and Electronic Information (BMEI), 2011 International Conference on
  • Conference_Location
    Guangzhou
  • Print_ISBN
    978-1-61284-108-3
  • Type

    conf

  • DOI
    10.1109/ICBMEI.2011.5914471
  • Filename
    5914471