Inventory Management

Asset Identification and Numbering

This article covers the two main plant numbering systems that together form the framework on which all maintenance programmes are based and describes the value that can be created by integrating these identification systems. These two systems are: Equipment Numbers, or more accurately, Equipment Location Numbers Stock-Keeping Unit (SKU) numbers or, preferably, Material Catalogue Numbers. A third, less critical but still important numbering system for Stores location (or “bin”) numbers, is also included.

Managing Spare Parts

Managing Spare Parts Sheila Kennedy, Indus International Proven, controversial, and new approaches are part of an effective asset management program. Proper planning and control of spare parts inventory is a critical component of an effective asset management program. If the right parts are not on hand when needed for routine maintenance or repairs, downtime is …

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“Lean” on your Maintenance Materials

“Lean” on your Maintenance Materials Steve Stephenson Lean manufacturing is arguably the single greatest advance in plant efficiency during the past 50 years. Lean has helped to systemize, organize and modernize big and small plants the world over. A custom blueprint for streamlining internal processes, Lean has helped to increase production at many plants. Except, …

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