Industrial Press MRO Inventory and Purchasing - 3329-5

Published: December, 2007

ISBN 9780831133290

OVERVIEW

For over three decades, Terry Wireman has specialized in the improvement of maintenance and reliability. As an international expert in maintenance management, he has assisted hundreds of clients in North America, Europe and the Pacific Rim to improve their maintenance effectiveness. Through a new 10-volume Maintenance Strategy series, the author makes his expertise in the field accessible to industrial and facility organizations everywhere.

The second volume in the series, Inventory and Purchasing, shows the reader how to develop an inventory and purchasing program for MRO spares and supplies as part of an overall strategy. Specifically, the text focuses on the importance of a well organized storage location and part inventory numbering system detailing to the reader the most effective ways to accomplish this goal. The receiving and parts issues disciplines are discussed in detail with a focus on the value proposition for spare parts controls and justification of storeroom overhead. In addition, the appendixes provide examples of parts and detail storage conditions that can be utilized in developing or refining an inventory storage location.

Table of Contents

• MRO Analysis
• Organization Configurations
• Stores Locations and Organization
• Part Identification
• Stocking Policies and Calculations
• Inflated Inventories
• Determining Storage Areas and Equipment
• Determining the Tracking System

• Finding Balances in MRO Management
• Determining Proper Stocking Policies
• Types of Spare Parts
• Factors that Drive MRO Inventory
• Work Flows in the MRO Inventory Department
• Free Issue Items
• Direct Purchase Items

• Stocking Tools
• Tracking Tools
• Replacing Tools
• Purchasing Tools

• Ordering Stock Items
• The Approval Process
• The Receiving Process

• Issues with Rebuilds

• The Return-to-Stock Process
• Controlling Stock Overages

• Adding Spare Parts
• Deleting Stock Items

• MRO Improvement Initiatives
• MRO Materials Top Ten Enablers

• MRO Inventory and Purchasing
• Inventory and Procurement Problems