Reliability & maintainability applications in logistics & supply chain

The Logistics and Supply Chain (LSC) professionals and reliability engineering professionals have overlapping and/or complementary roles. All specialties, logistics, reliability, and sup ply chain management (SCM) use the same or similar data data, but in different ways. Working together, the logistics and reliability professionals can optimize supply chain, availability, and maintenance requirements. SCM has a significant influence on company success. The supply chain costs can be modeled using various algorithms, which sum the costs of equipment and/or component storage, manufacturing, transport, and shortage. Decreasing these costs is a key to improving profit and assessing the supply chain health and diagnosing issues that need to be mitigated. This paper will present Reliability and Maintainability (R&M) applications in the LSC area. A general case for supply chain optimization with reliability data will be presented, with a mathematical exercise proving the validity of this model.