An Overview of Inventory Management for Spare Parts

Spare part is a key of keeping equipment well.The effective spare parts inventory management can give strong support to maintenance activities in time,and also reduce the capital for spare parts inventory.This paper reviewed the related literatures to spare parts inventory management,discussed the progress of spare parts inventory management involving classification,demand forecast,inventory model and stategy,control approach,stockout and obsolescence,gave the future research trend——computer aided spare parts management and logistics.