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
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